Technical
Financial
Distress signals
Property profile

2730 Ramsey Ave Milwaukee, WI 53221

OFF-MARKET
Assisted living facilities
Property ID
US92-0780352
62,714 SF 3.27 ac lot Built 1970
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1970
Total area 62,714 SF
Lot 3.27 ac (142,398 SF)
Zoning code LB1
APN 668-0702-000
UPID US92-0780352

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home
  • Physician
  • Physician
  • Medical Laboratory
  • Physician

Location

2730 Ramsey Ave Milwaukee, WI 53221-4814
Milwaukee metro Census 21800 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.08M

Owner & transaction history

since 2022
Last sale
$3.4M
7 recorded transactions
2022
Price N/A
2022
Price N/A
2022
$3.4M
2022
Price N/A
2017
Price N/A
2012
$4.7M
2007
$2.4M

Zoning & alternative use

LB1 · Milwaukee, WI
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 ar…

General category COMMERCIAL
Top alternative use upside
Restaurant $6.1M +247.4%
Auto repair, garage $5.7M +225.1%
Medical building $4.8M +174.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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