2051 Wisconsin Ave Milwaukee, WI 53233-2003
Entity Owned
Free & Clear
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID
US92-3203402
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1854
Total area
6,566 SF
Lot
0.25 ac (10,860 SF)
Zoning code
RO2
APN
400-1001-000
UPID
US92-3203402
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
-
Medical Clinic
-
Law Firm
-
Law Firm
-
Law Firm
-
Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$235k
Owner & transaction history
Zoning & alternative use
RO2 · Milwaukee, WI
Zoning description
r-2. In RO1 and RO2 districts, the use shall either: r-2-a. Meet the conditions of subd. 1; or r-2-b. Be located in a building containing at least one other principal use listed as a permitted use in the zoning district…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$235k
Value range
$212k – $259k
±10% around blend
Estimated value / SF
$36 / SF
Confidence
High
10 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$212k
blend $235k
$259k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,566 SF
Lot area
0.25 ac
Year built
1854
Stories
3
APN
400-1001-000
Assessed value
$91,700
Annual tax
$111
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$375k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.8 mi away · 7,140 SF
1.8 mi away · 7,140 SF
1.8 mi away · 5,710 SF
1.9 mi away · 7,200 SF
2.1 mi away · 6,464 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$235k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 675 sales
$87
-59%
County 740 sales
$89
-60%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $36/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$92k
Move the market yield to see immediate price impact.
Value / SF
$14
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$6k
$116k
$83k
$64k
$6k
$128k
$92k
$71k
$7k
$141k
$101k
$78k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$303k
1.8 mi · Jan 2026 · $42/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$111
Tax year 2022
Assessed value
$91,700
Assessed 2022
Previous assessed
$91,700
+0.0% YoY
Effective rate
0.12%
On assessed value
Assessed land
$43,500
Assessed improvement
$48,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1854
Cooling
YES
Stories
3
Units
13
Total area
6,566 SF
Lot
0.25 ac (10,860 SF)
Zoning code
RO2
APN
400-1001-000
UPID
US92-3203402
Jurisdiction
MILWAUKEE
Zoning & alternative use
RO2 · Milwaukee, WIZoning RO2 · permitted uses
RO2 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
r-2. In RO1 and RO2 districts, the use shall either: r-2-a. Meet the conditions of subd. 1; or r-2-b. Be located in a building containing at least one other principal use listed as a permitted use in the zoning district…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1854
Cooling
Yes
Stories
3
Units
13
Lot
0.25 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RO2
COMMERCIAL
Jurisdiction
Milwaukee, WI
Recorded code
RO2
Official district
RO2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RO2 in Milwaukee, WI.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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