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Property profile & analytics
OFF-MARKET Estimated value $1,350,000
Warehouses

2020 State St Milwaukee, WI 53233-1128

18,336 SF 0.87 ac lot Built 1967
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US92-0609070
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1967
Total area 18,336 SF
Lot 0.87 ac (37,890 SF)
Zoning code LB2
APN 389-1029-100
UPID US92-0609070
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
  • Propane Refill at U-Haul Alternative Fuel Station Gas Cylinders Supplier
  • Truck Sales at U-Haul Car Dealership
  • Moving Supplies at U-Haul Big Box & Wholesale Store
  • U-Haul Moving & Storage at State St Storage Facility
  • Trailer Rental at U-Haul Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.35M
Owner & transaction history
Arec 10 LLC · 21 yrs held
Arec 10 LLC
since 2005
3 recorded transactions
2005
$1.1M
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 +120.9%
Retail stores $2.0M +99.2%
Medical building $1.9M +90.6%
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