Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2100 Silver Spg Dr Glendale, WI 53209-4337

    • Hospitals
    • 9,987 SF
    • 1.44 lot acres
    OFF-MARKET
    Last Sale
    Sep 16, 2021
    $8,796,800
    Value Estimations
    $10,055,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-0538852
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hospitals

    Property Details for 2100 Silver Spg Dr

    Year built
    1999
    Lot size
    1.44 lot acres
    Property size
    9,987 SF
    Property type
    Hospitals
    APN
    169-0371-003
    APU
    1690371003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $11,150,000
      ML approach
      $11,475,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9387
    Latitude
    43.1194
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $132,610
    $670,000
    $4,315,500
    $4,985,500
    -
    $0.00
    $0.00
    $6,009,500

    Comparable in this City

    • Value Estimation
      $760,000
      11,965 SF

      7007 Range Line Rd

      HOSPITAL - PRIVATE • 11,965 SF
      7007 Range Line Rd, Glendale, WI 53209-2620
      View Details
    • Value Estimation
      $5,300,000
      6,348 SF

      6378 Grn Bay Ave

      HOMES (RETIRED, NURSING) • 6,348 SF
      6378 Grn Bay Ave, Glendale, WI 53209-3451
      View Details
    • Value Estimation
      $13,645,000
      145,218 SF

      3003 Good Hope Rd

      MEDICAL BUILDING • 145,218 SF
      3003 Good Hope Rd, Glendale, WI 53209-2042
      View Details
    • Value Estimation by Request
      18,996 SF

      7101 Green Bay Ave

      Medical Office Space • 18,996 SF
      7101 Green Bay Ave, Glendale, WI 53209
      View Details
    • Value Estimation by Request
      3,536 SF

      7378 Teutonia Ave

      MEDICAL BUILDING • 3,536 SF
      7378 Teutonia Ave, Milwaukee, WI 53209-2006
      View Details
    • Value Estimation
      $1,025,000
      35,613 SF

      1300 Silver Spg Dr

      HOMES (RETIRED, NURSING) • 35,613 SF
      1300 Silver Spg Dr, Glendale, WI 53209-4415
      View Details

    Similar Nearby for Sale

    • $1,300,000
      37,837 SF

      Milwaukee Industrial/Office Complex

      37,837 SF Mixed-Use Building, $1.3M
      6820 43Rd St, Milwaukee, WI 53209
      View Details
    • $1,500,000
      70,000 SF

      Fenced Property with Outdoor Storage

      Industrial property featuring secure fencing and outdoor storage space.
      2300-2324 W Cornell St, Milwaukee, WI 53209
      View Details
    • $179,900
      0.12 Acres

      Updated Duplex in Garden Home

      Move-in ready duplex with new features in Milwaukee's Garden Home.
      4215 N 26Th St, Milwaukee, WI 53209
      View Details
    • $177,900
      0.12 Acres

      Milwaukee Duplex with Updated Features

      Sturdy brick duplex with updated bathrooms, hardwood floors, and new windows.
      1223 W Olive St, Milwaukee, WI 53209
      View Details
    • $135,000
      0.11 Acres

      Milwaukee Duplex: Investor or Owner

      Two-unit duplex with updates, tenant, and garage in Milwaukee.
      5523 N 37Th St, Milwaukee, WI 53209
      View Details
    • Contact for pricing
      5,400 SF

      Glendale Warehouse with Highway Access

      Warehouse with office space and convenient highway access.
      6151 N Flint Rd, Glendale, WI 53209
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      25,000 SF

      Glendale Medical Office Suites

      Modern medical office space for lease.
      5650 Grn Bay Rd, Glendale, WI 53209
      View Details
    • $15 SF/Yr
      18,996 SF

      Glendale Office Space for Lease

      Modern Glendale Office Suites Available
      7101 Green Bay Ave, Glendale, WI 53209
      View Details
    • Contact for pricing
      3,000 SF

      Versatile Space in Glendale, Wisconsin

      Adaptable space for warehouse, manufacturing, office, and service uses.
      1720-1740 W Florist Ave, Glendale, WI 53209
      View Details
    • Contact for pricing
      42,040 SF

      Milwaukee Industrial Space For Lease

      42,040 SF Warehouse/Manufacturing Space
      5400 Teutonia Ave, Milwaukee, WI 53209
      View Details
    • $6 SF/Yr
      3,285 SF

      Industrial Warehouse Space Available

      3,285 SF warehouse space for lease in Milwaukee.
      5601 W Hemlock St, Milwaukee, WI 53209
      View Details
    • Contact for pricing
      1,250 SF

      Renovated Office Space in Glendale

      Modern, renovated office space with updated amenities and convenient location.
      7101 N Green Bay Ave, Glendale, WI 53209
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2100 Silver Spg Dr
    Glendale, WI 53209-4337
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!