Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,755,000
Assisted living facilities
2730 Ramsey Ave Milwaukee, WI 53221-4814
Entity Owned
3-yr Hold
Free & Clear
Property ID
US92-0780352
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Maple Ridge Health Services Nursing Home
-
Brianne Garrett, DPT Physician
-
Crystal E. Rogahn, Cota Physician
-
Lab Corporation Dynacare Laboratories Medical Laboratory
-
Julie Prislipsky Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.76M
Owner & transaction history
Canyon Z LLC · 3 yrs held
Canyon Z LLC
since 2022
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+247.4%
Auto repair, garage
$5.7M
+225.1%
Medical building
$4.8M
+174.6%
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
$4,075,000
ML approach
$4,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,125,000
Change: +247% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,735,000
Change: +225% · Conversion: Difficult
MEDICAL BUILDING
$4,845,000
Change: +175% · Conversion: Difficult
RETAIL STORES
$3,515,000
Change: +99% · Conversion: Difficult
OFFICE BUILDING
$3,375,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$3.76M
Range $3.38M – $4.13M · ±10% · vs last sale $3.37M (Oct 17 2022)
Last sale anchor
$3.37M
Oct 17 2022
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
$60 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$108,374
Tax year 2023
Assessed value
$4,481,400
Assessed 2023
Previous assessed
$4,481,400
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$1,708,700
Assessed improvement
$2,772,700
Total market value
$5,384,400
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Heating
YES
Cooling
YES
Stories
1
Units
81
Total area
62,714 SF
Lot
3.27 ac (142,398 SF)
Zoning code
LB1
APN
668-0702-000
UPID
US92-0780352
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB1 · Milwaukee, WI
Zoning LB1 · permitted uses
LB1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$4.8M
RETAIL STORES
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.4M
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1970
Heating
YES
Cooling
Yes
Stories
1
Units
81
Lot
3.27 ac
Current owner
From public records · entity-resolved
Canyon Z LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3450 OAKTON ST, SKOKIE, IL 60076-2951
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2022
—
Canyon Z LLC
Ehf Maple Ridge Re LLC
Lease
—
Oct 24, 2022
—
Nshw Wisconsin LLC
Canyon Woh LLC
Correction Deed
related
—
Oct 17, 2022
$3,366,100
Maple Ridge Property Holdings LLC
Ehf Maple Ridge Re LLC
Special Warranty Deed
$4,093,000 · White Oak Healthcare Finance LLC
Oct 17, 2022
—
Canyon Woh LLC
Maple Ridge Holdings LLC
Lease
—
Nov 15, 2017
—
Ehf Maple Ridge Re LLC
—
Deed
related
$4,809,200 · Ziegler Financing
Jan 27, 2012
$4,680,000
Ehf Maple Ridge Re LLC
Extendicare Health Facilities
Grant Deed
$4,809,200 · Ziegler Financing
May 3, 2007
$2,370,200
Extendicare Health Facilities
Nhi Of Reit Of Wisconsin
Grant Deed
—
Nov 24, 2004
$2,500,000
Nhi Of Reit Of Wisconsin
Sheriff Of Milwaukee County
Foreclosure
—
—
—
Ehf Maple Ridge Re LLC
—
Deed Of Trust
related
$4,809,200 · Ziegler Financing
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2730 Ramsey Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
