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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Drive through restaurants
2455 Wisconsin Ave Milwaukee, WI 53233-1827
Entity Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0129444
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1975
Total area
4,671 SF
Lot
0.85 ac (37,241 SF)
Zoning code
RO2
APN
400-0711-100
UPID
US92-0129444
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
-
McDonald's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$625k
Owner & transaction history
MCDONALDS CORP
MCDONALDS CORP
Zoning & alternative use
RO2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
r-2. In RO1 and RO2 districts, the use shall either: r-2-a. Meet the conditions of subd. 1; or r-2-b. Be located in a building containing at least one other principal use listed as a permitted use in the zoning district in which it is located. s. Assembly Hall. s-1. The use shall be located on the premises of, and accessory to, a restaurant or tavern. s-2. T…
Zone name
Residential And Office Districts
General category
COMMERCIAL
Source
Master V2
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
Method
Estimation
Statistic approach
by Request
ML approach
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$595,000
Current use
AUTO REPAIR, GARAGE
$555,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$505,000
Change: -15% · Conversion: Easy
MEDICAL BUILDING
$480,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$134 / SF
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
$14,486
Tax year 2022
Assessed value
$608,400
Assessed 2022
Previous assessed
$608,400
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$253,200
Assessed improvement
$355,200
Land market value
$253,200
Improvement market value
$355,200
Total market value
$608,400
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1975
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,671 SF
Lot
0.85 ac (37,241 SF)
Zoning code
RO2
APN
400-0711-100
UPID
US92-0129444
Jurisdiction
MILWAUKEE
Zoning & alternative use
RO2 · Milwaukee, WIZoning RO2 · permitted uses
RO2 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
r-2. In RO1 and RO2 districts, the use shall either: r-2-a. Meet the conditions of subd. 1; or r-2-b. Be located in a building containing at least one other principal use listed as a permitted use in the zoning district in which it is located. s. Assembly Hall. s-1. The use shall be located on the premises of, and accessory to, a restaurant or tavern. s-2. The use shall oper ate within the business hours of the restaurant or tavern to which it is accessory. s-3. The restaurant or tavern to which the use is accessory holds all licenses necessary to facilitate events in the assembly hall, including but not limited to food dealer, alcohol beverage or public entertainment premises licenses. t. Theater. The capacity of the theater building shall not exceed 49 persons. u. Raising of Livestock. The use is limited to the raising of chickens or bees, as permitted under ch. 78. v. Transmission Tower. v-1. The tower shall comply with the applicable provisions of s. 295-413.
Zone name
Residential And Office Districts
General category
COMMERCIAL
Source
Master V2
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$555,000
RETAIL STORES
Est. value
$505,000
MEDICAL BUILDING
Est. value
$480,000
RESTAURANT Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
MCDONALDS CORP
Entity
Free & Clear · 0 yrs held
Mailing address
6737 N TEUTONIA AVE, MILWAUKEE, WI 53209-3118
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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