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Property profile & analytics
FOR SALE
Warehouses
2520 Lisbon Ave Milwaukee, WI 53205-1447
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-2011207
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For Sale
Contact for pricing
2520 Lisbon Ave, Milwaukee, WI 53205-1447
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Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
12,397 SF
Lot
0.33 ac (14,215 SF)
Zoning code
CS
APN
350-1357-100
UPID
US92-2011207
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
-
City Depot Big Box & Wholesale Store
-
Golden Eagle Energy Drink Big Box & Wholesale Store Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.63M
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.60M
Owner & transaction history
Ssr Holdings LLC · 3 yrs held
Ssr Holdings LLC
since 2023
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
CS · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
4. COMMERCIAL SERVICE (CS). This district is intended to provide areas where businesses and personal service establishments can be accommodated, but where extensive retail activities are not warranted by city plans. 295-603. Uses. 1. USE TABLE. Table 295-603-1 indicates the use classifications for various land uses in the commercial districts. The uses in th…
Zone name
Commercial Service
General category
COMMERCIAL
Source
Master V2
Top alternative use upside
Restaurant
$1.6M
+135.5%
Auto repair, garage
$1.5M
+120.9%
Retail stores
$1.3M
+99.2%
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
$1,600,000
ML approach
$1,625,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
RESTAURANT
$1,575,000
Change: +135% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,480,000
Change: +121% · Conversion: Easy
RETAIL STORES
$1,335,000
Change: +99% · Conversion: Moderate
MEDICAL BUILDING
$1,275,000
Change: +91% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,155,000
Change: +72% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,075,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.23M (Jul 14 2023)
Last sale anchor
$1.23M
Jul 14 2023
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
$129 / 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
$12,186
Tax year 2022
Assessed value
$511,800
Assessed 2022
Previous assessed
$511,800
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$14,200
Assessed improvement
$497,600
Land market value
$14,200
Improvement market value
$497,600
Total market value
$511,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2002
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
12,397 SF
Lot
0.33 ac (14,215 SF)
Zoning code
CS
APN
350-1357-100
UPID
US92-2011207
Jurisdiction
MILWAUKEE
Zoning & alternative use
CS · Milwaukee, WIZoning CS · permitted uses
CS · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
4. COMMERCIAL SERVICE (CS). This district is intended to provide areas where businesses and personal service establishments can be accommodated, but where extensive retail activities are not warranted by city plans. 295-603. Uses. 1. USE TABLE. Table 295-603-1 indicates the use classifications for various land uses in the commercial districts. The uses in this table are defined in s. 295-201. The following are the use classifications indicated in Table 295-603-1: a. “Y" indicates a permitted use. This use is permitted as a matter of right subject to all performance standards. b. "L" indicates a limited use. This use is permitted only when the use meets the standards of sub. 2. If the use cannot meet these standards, it shall be permitted only upon board approval of a special use permit pursuant to s. 295-311-2, unless otherwise prohibited by sub. 2. c. "S" indicates a special use. This use is permitted only if the board approves a special use permit pursuant to s. 295-311-2. d. "N" indicates a prohibited use.
Zone name
Commercial Service
General category
COMMERCIAL
Source
Master V2
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2002
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Ssr Holdings LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2023
—
Ssr Holdings LLC
—
Deed
related
$870,000 · Celtic Bank Corporation
Jul 14, 2023
$1,225,000
Ssr Holdings LLC
Hamed Ali
Warranty Deed
$1,870,000 · Celtic Bank Corporation
Jul 14, 2023
—
Hamed Ali
Ahmad H Ahmad
Warranty Deed
—
Jan 6, 2022
$530,000
Hamed Ali
Ahmad H Ahmad
Land Contract
$330,000 · Ahmad H Ahmad Etal
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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