Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2203 W Michigan St Milwaukee, WI 53233

FOR LEASE
Retail space
Property ID
US92-0374976
53,834 SF 1.53 ac lot Built 1917
Last sale May 2004 · $538,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
2203 W Michigan St, Milwaukee, WI 53233 For Lease
Contact for pricing 24,253 SF available
2203 W Michigan St, Milwaukee, WI 53233
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Property summary

AI-generated overview

This industrial property comprises 53,834 square feet and is located at 2203 W Michigan St in Milwaukee, Wisconsin 53233.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value$761k
Assessed land$233k
Assessed improvement$528k
Effective rate2.38%

Value estimate

· Nov 2026
$830k
$747k – $913k
Submarket $/SF estimate$1.37M
NOI build-up
Gross scheduled income$133k
Vacancy & credit loss−$7k
Operating expenses−$38k
NOI · 2,207,850.00% cap applied$88k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$108/SF
Submarket average, outlier-cleaned · 297 recorded sales of this use type
Observed band · Q1–Q3$49 – $184

Cap rate analysis

How does the asset earn?
2,207,850.00%
$88k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IL2
The IL2 district is intended to provide sites primarily for light industrial uses that utilize medium sized buildings and do not have ext...
General categoryINDUSTRIAL
JurisdictionMILWAUKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.1
Hair Salon12.0
Accounting Firm11.2

Location

2203 W Michigan St Milwaukee, WI 53233
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1812 State, Milwaukee, WI 53233-1124 $300,000 Aug 2022 5,750 SF
1816 State, Milwaukee, WI 53233-1124 $50,000 Aug 2022 3,425 SF
624 24th, Milwaukee, WI 53233-1801 $500,000 Sep 2021 5,476 SF
2611 2613th W State, Milwaukee, WI 53233 $150,000 Dec 2019 2,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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