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Property profile & analytics
OFF-MARKET Estimated value $485,000
Retail space

2620 Silver Spg Dr Milwaukee, WI 53209-4220

1,778 SF 0.47 ac lot Built 1966
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US92-0401636
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Total area 1,778 SF
Lot 0.47 ac (20,433 SF)
Zoning code LB1
APN 169-0030-100
UPID US92-0401636
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k
Owner & transaction history
1 Faith Holdings LLC · 4 yrs held
1 Faith Holdings LLC
since 2022
Last sale
$400,000
2 recorded transactions
2022
$400,000
2010
$90,000
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities are of major significance. Good access by motor vehicle or public transit is important to local business districts, which are often located ad…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
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