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Property profile & analytics
OFF-MARKET Estimated value $2,390,000
Warehouses

2401 Maryland Ave 2409 Milwaukee, WI 53211-4439

37,560 SF 0.32 ac lot Built 1916
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US92-0758683
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1916
Total area 37,560 SF
Lot 0.32 ac (14,024 SF)
Zoning code LB2
APN 319-0745-000
UPID US92-0758683
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
  • Dental Esthetic Boutique Dental Office
  • Ascension Columbia St. Mary’s Medical Commons Above Ground Parking Ramp Parking Lot & Garage
  • Nadeen & Friends Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.56M
Comparable Approach Comparable
$2.80M
Blend (final) Blend
$2.39M
Owner & transaction history
Resource Maryland LLC · 8 yrs held
Resource Maryland LLC
since 2018
4 recorded transactions
2018
Price N/A
2018
$1.6M
1969
Price N/A
1969
Price N/A
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
Top alternative use upside
Medical building $3.9M +90.6%
Neighborhood: shopping center $3.5M +72.3%
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