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    Property profile & analytics

    2450 Silver Spg Dr Glendale, WI 53209-4258

    • Office buildings
    • 4,350 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $850,000
    Last Sale
    Jul 06, 2023
    $720,000
    Location Intelligence
    Property ID
    US92-0784006
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2450 Silver Spg Dr

    Year built
    2000
    Lot size
    0.41 lot acres
    Property size
    4,350 SF
    Property type
    Office buildings
    APN
    169-0170-001
    APU
    1690170001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $915,000

    • CAP approach

      CAP return
      Estimation
      6%
      $720,000
      6.5%
      $640,000
      7%
      $620,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $725,000
      Geo Method
      $610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $720,000
      Retail
      $530,000
      Mixed-Use
      $560,000
      Hospitality
      $550,000
      Educational
      $635,000
      Residential Income
      $560,000
      Energy
      $735,000
      Income-Based Land
      $650,000
      Food Service
      $725,000

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9434
    Latitude
    43.1194
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $15,403
    $230,000
    $352,300
    $582,300
    -
    $0.00
    $0.00
    $701,900

    Comparable in this City

    • Value Estimation by Request
      1,916 SF

      4629 Hopkins St

      OFFICE BUILDING • 1,916 SF
      4629 Hopkins St, Milwaukee, WI 53209-5953
      View Details
    • Value Estimation
      $350,000
      3,862 SF

      3328 Villard Ave

      OFFICE BUILDING • 3,862 SF
      3328 Villard Ave, Milwaukee, WI 53209-4811
      View Details
    • Value Estimation
      $1,090,000
      252,563 SF

      5023 35th St

      OFFICE BUILDING (MULTI-STORY) • 252,563 SF
      5023 35th St, Milwaukee, WI 53209-5301
      View Details
    • Value Estimation
      $255,000
      6,881 SF

      5926 Teutonia Ave

      OFFICE BUILDING (MULTI-STORY) • 6,881 SF
      5926 Teutonia Ave, Milwaukee, WI 53209-4148
      View Details
    • Value Estimation
      $315,000
      1,760 SF

      6340 Grn Bay Ave

      OFFICE BUILDING • 1,760 SF
      6340 Grn Bay Ave, Glendale, WI 53209-3437
      View Details
    • Value Estimation
      $315,000
      3,026 SF

      4887 Grn Bay Ave

      OFFICE BUILDING • 3,026 SF
      4887 Grn Bay Ave, Milwaukee, WI 53209-5727
      View Details

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    Glendale, WI 53209-4258
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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