Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    2534 Kinnickinnic Ave Milwaukee, WI 53207-1677
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2534 Kinnickinnic Ave Milwaukee, WI 53207-1677

    View on Map
    • Investment properties
    • 24,870 SF
    • 0.27 lot acres
    Off-Market
    Property ID
    US92-0006995
    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.
    Value Estimations
    $2,620,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • URSA / Clothing & Fashion Store
    • Healium Hot Yoga / Gym & Fitness Center
    • KING LOFTS | BAY VIEW / Apartment Building
    • Deco Salon & Spa / Hair Salon / Nail Salon
    • Jason @ Deco Salon / Hair Salon

    Property Details for 2534 Kinnickinnic Ave

    Year built
    1928
    Lot size
    0.27 lot acres
    Property size
    24,870 SF
    Zone code
    LB2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    499-2029-000
    APU
    4992029000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,192,000
      Market price range: $1.61M - $3.87M
      AI Estimate
      $2,109,000
      Market price range: $1.14M - $2.42M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,735,000
      Current use
      RETAIL STORES
      $4,300,000
      Change: +57% Conversion: Easy
      RESTAURANT
      $3,165,000
      Change: +16% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,965,000
      Change: +8% Conversion: Difficult
      MEDICAL BUILDING
      $2,560,000
      Change: -6% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $2,315,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9004
    Latitude
    42.9989
    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
    $53,039
    $70,000
    $2,157,600
    $2,227,600
    -
    $70,000
    $2,157,600
    $2,227,600

    Comparable in this City

    • Value Estimation by Request
      4,086 SF

      3076 Delaware Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,086 SF
      3076 Delaware Ave, Milwaukee, WI 53207-3062
      View Details
    • Value Estimation by Request
      3,585 SF

      2734 Superior St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,585 SF
      2734 Superior St, Milwaukee, WI 53207-2328
      View Details
    • Value Estimation by Request
      3,125 SF

      2121 Kinnickinnic Ave Ste, Unit 3

      OFFICE/RESIDENTIAL (MIXED USE) • 3,125 SF
      2121 Kinnickinnic Ave Ste, Milwaukee, WI 53207-1368
      View Details
    • Value Estimation by Request
      2,610 SF

      3751 Clement Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,610 SF
      3751 Clement Ave, Milwaukee, WI 53207-4066
      View Details
    • Value Estimation by Request
      3,055 SF

      565 Lincoln Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,055 SF
      565 Lincoln Ave, Milwaukee, WI 53207-1141
      View Details
    • Value Estimation
      $615,000
      5,808 SF

      1802 Howard Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,808 SF
      1802 Howard Ave, Milwaukee, WI 53207-4002
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,385 SF

      Mixed-Use Property on Kinnickinnic Avenue

      Value-add opportunity with residential and commercial spaces on Kinnickinnic.
      3459 S Kinnickinnic Ave, Milwaukee, WI 53207
      View Details
    • Contact for pricing
      1,819 SF

      2340 S Kinnickinnic Ave, Milwaukee, WI 53207

      Mixed-use properties • 1,819 SF
      2340 S Kinnickinnic Ave, Milwaukee, WI 53207
      View Details
    • $1,050,000

      Mixed-Use Property in Milwaukee

      Mixed-use property for sale in Milwaukee, Wisconsin.
      2900 South Kinnickinnic Ave, Milwaukee, WI 53207
      View Details
    • $404,900
      0.07 Acres

      Charming Duplex in Milwaukee

      Desirable Milwaukee duplex with hardwood floors and ample parking.
      2523 S Austin St, Milwaukee, WI 53207
      View Details
    • $319,900
      0.10 Acres

      Milwaukee Duplex in Bay View

      Vacant 3/3 duplex in Milwaukee's Bay View neighborhood.
      3026 S Hanson Ave, Milwaukee, WI 53207
      View Details
    • $430,000
      0.09 Acres

      Updated Milwaukee Triplex Potential

      Updated triplex with Airbnb potential near Bay View amenities.
      1821 E Oklahoma Ave, Milwaukee, WI 53207
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Mixed-Use Property For Rent

      Newly renovated mixed-use property in Bay View with parking.
      2863 S Kinnickinnic Ave, Milwaukee, WI 53207
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, offering 1,380 square feet.
      2960-84 S Chase Ave, Milwaukee, WI 53207
      View Details
    • Contact for pricing

      Milwaukee Retail Space Available

      Retail space available, offering 4,800 square feet.
      2757 S 5Th Ct, Milwaukee, WI 53207
      View Details
    • Contact for pricing
      27,155 SF

      Milwaukee Office Space For Rent

      14,359 square foot office space available for lease.
      218 W Becher St, Milwaukee, WI 53207
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space in Kinnickinnic Corridor

      First floor retail space with luxury apartments above.
      2110-2160 S Kinnickinnic Ave, Milwaukee, WI 53207
      View Details
    • Contact for pricing

      Retail Space Near Target

      Retail space for lease, adjacent to Target on Chase Avenue.
      2960-2984 South Chase Ave, Milwaukee, WI 53207
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2534 Kinnickinnic Ave
    Milwaukee, WI 53207-1677
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!