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Property profile & analytics
OFF-MARKET
Estimated value
$300,000
Individual retail properties
2161 Hopkins St Milwaukee, WI 53206-1746
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US92-0026026
Property profile
Verified
Property type
Individual retail properties
Use group
LIQUOR STORE
Year built
1900
Total area
4,878 SF
Lot
0.12 ac (5,400 SF)
Zoning code
LB2
APN
285-1055-000
UPID
US92-0026026
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
-
Big Jim's Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Argis ATM Atm
-
Hunt Brothers Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$900k
Blend (final)
Blend
$300k
Owner & transaction history
Khasria,harjinder · 14 yrs held
Khasria,harjinder
since 2011
4 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$580,000
+10.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
RETAIL STORES
$525,000
Current use
AUTO REPAIR, GARAGE
$580,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$500,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$300k
Range $270k – $330k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$62 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$9,460
Tax year 2022
Assessed value
$397,300
Assessed 2022
Previous assessed
$397,300
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$2,700
Assessed improvement
$394,600
Land market value
$2,700
Improvement market value
$394,600
Total market value
$397,300
Applied tax rate
1.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Individual retail properties
Use group
LIQUOR STORE
Status
Off-Market
Year built
1900
Heating
YES
Stories
1
Units
1
Total area
4,878 SF
Lot
0.12 ac (5,400 SF)
Zoning code
LB2
APN
285-1055-000
UPID
US92-0026026
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WIZoning LB2 · permitted uses
LB2 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$580,000
MEDICAL BUILDING
Est. value
$500,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
YES
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Khasria,harjinder
Individual
Mailing address
15240 W WOODLAND DR, NEW BERLIN, WI 53151-1915
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2011
—
Khasria,harjinder
Jesse Anderson
Warranty Deed
$100,000 · State Bk/chilton
Feb 1, 2010
$215,000
Khasria,harjinder
Jesse Anderson
Grant Deed
—
Feb 10, 2004
$35,000
Gladney,lavon & Helen B
Theodore R Nash
Warranty Deed
—
Feb 10, 2004
$70,000
Anderson,jesse
Lavon Gladney
Warranty Deed
$56,000 · Legacy Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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