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Property profile & analytics
OFF-MARKET Estimated value $545,000
Warehouses

2340 Cambridge Ave Milwaukee, WI 53211-4364

9,213 SF 0.36 ac lot Built 1918
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US92-1303041
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1918
Total area 9,213 SF
Lot 0.36 ac (15,578 SF)
Zoning code IL2
APN 320-1721-000
UPID US92-1303041
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
$370k
CAP Approach CAP
$625k
Comparable Approach Comparable
$725k
Blend (final) Blend
$545k
Owner & transaction history
Transformation Restoration LLC · 8 yrs held
Transformation Restoration LLC
since 2018
2 recorded transactions
2018
$391,300
2013
$285,000
Zoning & alternative use
IL2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 Institutional District 295-907 Planned Development District 295-909 Redevelopment District SUBCHAPTER 10 OVERLAY ZONES (NC, IS, DIZ, SP, WL, L…

Zone name Industrial Light
General category INDUSTRIAL
Source Master V2
Top alternative use upside
Neighborhood: shopping center $855,000 +72.3%
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