Property profile

1640 Silver Spg Dr Glendale, WI 53209

OFF-MARKET
Commercial real estate
Property ID
US92-0094990
62,268 SF 3.18 ac lot Built 1967
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1967
Total area 62,268 SF
Lot 3.18 ac (138,303 SF)
APN 168-9993-001
UPID US92-0094990

Cap rate & NOI

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

Location

1640 Silver Spg Dr Glendale, WI 53209-4420
Glendale metro Census 60200 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.54M
CAP Approach CAP
$11.38M
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.91M

Owner & transaction history

since 2025
Last sale
$14.0M
3 recorded transactions
2025
$14.0M
2011
Price N/A
2006
$855,400

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $8.1M +50.2%
Restaurant $7.9M +46.6%

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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