Property profile

2153 Dr Martin Luther King Jr Dr Milwaukee, WI 53212

OFF-MARKET
Warehouses
Property ID
US92-0388191
169,876 SF 2.36 ac lot Built 1907
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1907
Total area 169,876 SF
Lot 2.36 ac (102,758 SF)
Zoning code CS
APN 353-2002-000
UPID US92-0388191

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2153 Dr Martin Luther King Jr Dr Milwaukee, WI 53212
Milwaukee metro MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.93M
Blend (final) Blend
$5.18M

Owner & transaction history

since 2024
Last sale
$5.2M
1 recorded transaction
2024
$5.2M

Zoning & alternative use

CS · Milwaukee, WI
Zoning description

4. COMMERCIAL SERVICE (CS). This district is intended to provide areas where businesses and personal service establishments can be accommodated, but where extensive retail activities are not warranted by city plans. 295-…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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