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Property profile & analytics
OFF-MARKET
Retail space
2401 2403rd S Kinnickinnic Ave Milwaukee, WI 53207
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-1172416
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
1,360 SF
Lot
0.07 ac (2,965 SF)
Zoning code
LB2
APN
499-1249-000
UPID
US92-1172416
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mgre LLC · 1 yrs held
Mgre LLC
since 2025
Last sale
$379,000
7 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,393
Tax year 2022
Assessed value
$100,500
Assessed 2022
Previous assessed
$100,500
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$17,800
Assessed improvement
$82,700
Land market value
$17,800
Improvement market value
$82,700
Total market value
$100,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
YES
Stories
1
Units
2
Total area
1,360 SF
Lot
0.07 ac (2,965 SF)
Zoning code
LB2
APN
499-1249-000
UPID
US92-1172416
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
YES
Stories
1
Units
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Mgre LLC
Entity
Mailing address
PO BOX 521, MILWAUKEE, WI 53201-0521
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2025
—
Mgre LLC
Anthony Giangreco
Quitclaim Deed
related
—
Jun 11, 2025
$379,000
Anthony Giangreco
Prime Home Real Estate LLC
Warranty Deed
$284,211 · A+ Mortgage Services INC
Jan 8, 2024
—
Prime Home Real Estate LLC
—
Deed
related
$227,500 · Loan Funder LLC
Nov 7, 2023
—
Prime Home Real Estate Llcf
—
Deed
related
$210,000 · Loan Funder LLC
Nov 4, 2022
—
Prime Home Real Estate LLC
—
Deed
related
$149,936 · Finance Of America Mortgage LLC
May 17, 2022
$215,000
Prime Home Reale State LLC
Isdaacs Holdings Corp
Warranty Deed
—
Feb 5, 2016
$102,000
Isaacs Holding Corp
Mary Shaw
Warranty Deed
—
—
—
Shaw,mary
—
Loan Modification
related
$4,000 · M&i Marshall & Ilsley 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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