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Property profile & analytics
OFF-MARKET Estimated value $1,390,000
Strip malls

1935 Silver Spg Dr Milwaukee, WI 53209-4445

18,304 SF 1.42 ac lot Built 1960
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US92-0539710
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Total area 18,304 SF
Lot 1.42 ac (62,029 SF)
Zoning code LB2
APN 194-9995-210
UPID US92-0539710
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
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Milwaukee Automotive Locksmith Locksmith
  • AmeriCash Loans - Silver Spring Loan Service
  • Stark Foods IV (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Silver Bay Plaza Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.87M
Blend (final) Blend
$1.39M
Owner & transaction history
Silver Spring Holdings LLC · 5 yrs held
Silver Spring Holdings LLC
since 2020
Last sale
$1.4M
7 recorded transactions
2024
Price N/A
2020
$1.4M
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 districts, a private elderly housing project shall have 2 parking spaces for every 3 dwelling units. Public housing for low-income families and…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Auto repair, garage $2.2M +28.2%
Medical building $1.9M +10.6%
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