New search
Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Hotels
1716 Layton Ave, Milwaukee, WI 53221-2824
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US92-3399240
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1970
Total area
50,833 SF
Lot
4.14 ac (180,164 SF)
Zoning code
LB1
APN
597-9952-121
UPID
US92-3399240
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Travelodge by Wyndham Milwaukee Hotel & Motel
-
Milwaukee Airport Inn Hotel & Motel
-
Spring Gardens Restaurant
-
Travel lodge by Whydum Hotel & Motel
-
Mai Breakfast Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$990k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$585k
Blend (final)
Blend
$785k
Owner & transaction history
Value Hospitality INC · 12 yrs held
Value Hospitality INC
since 2014
7 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$15 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$56,096
Tax year 2022
Assessed value
$2,356,000
Assessed 2022
Previous assessed
$2,356,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$907,600
Assessed improvement
$1,448,400
Land market value
$907,600
Improvement market value
$1,448,400
Total market value
$2,356,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1970
Heating
YES
Cooling
YES
Stories
2
Units
91
Total area
50,833 SF
Lot
4.14 ac (180,164 SF)
Zoning code
LB1
APN
597-9952-121
UPID
US92-3399240
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB1 · Milwaukee, WI
Zoning LB1 · permitted uses
LB1 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
YES
Cooling
Yes
Stories
2
Units
91
Lot
4.14 ac
Current owner
From public records · entity-resolved
Value Hospitality INC
Entity
Mailing address
1716 W LAYTON AVE, MILWAUKEE, WI 53221-2824
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2020
—
Silver Lining Health Ctr LLC
—
Deed
related
$718,054 · Cibm Bk
Aug 27, 2018
—
Silver Lining Health Center LLC
—
Deed
related
$750,000 · Cibm Bank
May 2, 2014
$1,795,500
Value Hospitality INC
Kay Hospitality LLC
Special Warranty Deed
$3,700,000 · Community Bank & Trust
Dec 3, 2010
$2,100,000
Kay Hospitality LLC
Shree Nathji LLC
Grant Deed
$1,680,000 · International Bk/chicago
Apr 25, 2005
$2,070,000
Shree Nathji LLC
Nrrk Corp
Warranty Deed
$1,047,500 · Bank Of The West
—
—
Johnson,howard
—
Deed Of Trust
related
$1,500,000 · Lincoln St Bk
—
—
Johnson,howard
—
Deed Of Trust
related
$25,000 · Lincoln St Bk
—
—
Silver Lining Health Ctr LLC
—
Loan Modification
related
$718,054 · Cibm Bk
—
—
Howard Johnson Inn Milwaukee A
—
Deed Of Trust
related
$756,000 · Wisconsin Busn Dev Fin
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1716 Layton Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
