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Property profile & analytics
OFF-MARKET Estimated value $290,000
Individual retail properties

2228 Capitol Dr 2234 Milwaukee, WI 53206-1941

7,200 SF 0.22 ac lot Built 1949
Individually Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US92-0975424
Property profile
Verified
Property type Individual retail properties
Use group LIQUOR STORE
Year built 1949
Total area 7,200 SF
Lot 0.22 ac (9,600 SF)
Zoning code LB2
APN 245-0211-000
UPID US92-0975424
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k
Owner & transaction history
BRYAN DRAKE
BRYAN DRAKE
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning districts, a private elderly housing project shall have 2 parking spaces for every 3 dwelling units. Public housing for low-income families and…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
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