Technical
Financial
Distress signals
Property profile

1635 National Ave Milwaukee, WI 53204

OFF-MARKET
Medical Office Space
Property ID
US92-0938016
33,428 SF 0.79 ac lot Built 1947
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1947
Total area 33,428 SF
Lot 0.79 ac (34,438 SF)
Zoning code LB2
APN 433-1001-100
UPID US92-0938016

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • Insurance Agency
  • Community Health Centre Health Care Facility
  • Physician

Location

1635 National Ave Milwaukee, WI 53204-1130
Milwaukee metro Census 15800 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$2.58M

Owner & transaction history

since 2020
Last sale
$2.6M
3 recorded transactions
2020
Price N/A
2020
$2.6M
2005
Price N/A

Zoning & alternative use

LB2 · Milwaukee, WI
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning dist…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $4.0M +15.9%
Apartment house (5+ units) $3.6M +4.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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