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Property profile & analytics
OFF-MARKET
Bars & Pubs
2537 2539th W National Ave Milwaukee, WI 53204
Individually Owned
Property ID
US92-1097385
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1892
Total area
6,699 SF
Lot
0.15 ac (6,600 SF)
Zoning code
LB2
APN
434-0707-000
UPID
US92-1097385
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
-
La Cueva Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lucia Antonio Perez
Lucia Antonio Perez
since 2026
Last sale
$250,000
7 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,188
Tax year 2022
Assessed value
$427,900
Assessed 2022
Previous assessed
$427,900
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$26,400
Assessed improvement
$401,500
Land market value
$26,400
Improvement market value
$401,500
Total market value
$427,900
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1892
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
6,699 SF
Lot
0.15 ac (6,600 SF)
Zoning code
LB2
APN
434-0707-000
UPID
US92-1097385
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1892
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Lucia Antonio Perez
Individual
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2026
—
Lucia Antonio Perez
Esmeralda Gonzalez Antonio LLC
Warranty Deed
—
May 28, 2025
$250,000
Esmeralda Gonzalez Antonio LLC
2537 W National Avenue LLC
Deed
$235,000 · 2537 W National Avenue LLC
May 2, 2025
—
2537 W National Avenue LLC
Carmen Aiello Madrid Living Trust
Warranty Deed
—
Apr 22, 2024
—
Aiello Property Investments LLC
Carmen Aiello Madrid
Assignment Of Agreement Of Sale
—
Apr 12, 2024
—
Carmen Aiello
Aiello Property Investments LLC
Quit Claim Deed
related
—
Aug 8, 2023
—
Carmen Aiello
Martin Jimenez Sergura
Quit Claim Deed
related
—
Aug 8, 2023
$267,000
2537 W National Avenue LLC
Aiello Property Investments LLC
Land Contract
$266,000 · Aiello Property Investments LLC
Oct 21, 2016
$400,000
Martin Segura
Carmen Aiello
Dual Purpose Document
$341,400 · Carmen Aiello
May 28, 2015
—
Aiello Property Invs LLC
Carmen Aiello
Quit Claim Deed
related
—
Mar 1, 2004
$163,400
Aiello,carmen
Gregorio Montoto
Warranty Deed
$76,000 · Legacy Bk
—
—
Carmen Aiello-madrid
—
Deed Of Trust
related
$225,000 · Spring Bk
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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