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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Banks
275 Capitol Dr Milwaukee, WI 53212-1207
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-1261442
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1947
Total area
1,822 SF
Lot
0.38 ac (16,560 SF)
Zoning code
LB2
APN
273-9961-100
UPID
US92-1261442
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
-
PNC Mortgage Loan Service Bank
-
PNC ATM Atm
-
PNC Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Al Nf Br Ls East Capitol LLC · 2 yrs held
Al Nf Br Ls East Capitol LLC
since 2023
Last sale
$1.5M
3 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
Method
Estimation
Statistic approach
$1,945,000
ML approach
$1,970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10% · vs last sale $1.49M (Dec 14 2023)
Last sale anchor
$1.49M
Dec 14 2023
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
$947 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$23,993
Tax year 2022
Assessed value
$1,007,700
Assessed 2022
Previous assessed
$1,007,700
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$82,800
Assessed improvement
$924,900
Land market value
$82,800
Improvement market value
$924,900
Total market value
$1,007,700
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1947
Heating
YES
Stories
1
Units
1
Total area
1,822 SF
Lot
0.38 ac (16,560 SF)
Zoning code
LB2
APN
273-9961-100
UPID
US92-1261442
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
1947
Heating
YES
Stories
1
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Al Nf Br Ls East Capitol LLC
Entity
Mailing address
690 LINCOLN RD STE #300, MIAMI BEACH, FL 33139-2905
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2023
$1,489,700
Al Nf Br Ls East Capitol LLC
Pnc1 Milwaukee 4 Guys LLC
Special Warranty Deed
$2,100,000 · City National Bank
Dec 21, 2011
$1,501,700
Pnc1 Milwaukee 4 Guys LLC
Capitol Drive Retail LLC
Special Warranty Deed
$1,125,000 · Branch Banking And Trust Co
Apr 13, 2011
$500,000
Capitol Drive Retail LLC
Union Dye Works Realty
Grant Deed
$700,000 · Jeffrey T Kowalik
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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