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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Office buildings
2819 2835th N 32nd St 2835 Milwaukee, WI 53210-1915
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0855119
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2005
Total area
23,685 SF
Lot
0.93 ac (40,320 SF)
Zoning code
IL2
APN
309-0507-110
UPID
US92-0855119
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
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$750k
Owner & transaction history
Mtrc LLC · 3 yrs held
Mtrc LLC
since 2023
7 recorded transactions
Zoning & alternative use
IL2 · 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
by Request
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10%
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
$32 / 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
$4,793
Tax year 2022
Assessed value
$201,300
Assessed 2022
Previous assessed
$201,300
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$20,200
Assessed improvement
$181,100
Land market value
$20,200
Improvement market value
$181,100
Total market value
$201,300
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2005
Heating
YES
Cooling
YES
Stories
2
Units
5
Total area
23,685 SF
Lot
0.93 ac (40,320 SF)
Zoning code
IL2
APN
309-0507-110
UPID
US92-0855119
Jurisdiction
MILWAUKEE
Zoning & alternative use
IL2 · Milwaukee, WI
Zoning IL2 · permitted uses
IL2 · 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
2005
Heating
YES
Cooling
Yes
Stories
2
Units
5
Lot
0.93 ac
Current owner
From public records · entity-resolved
Mtrc LLC
Entity
Mailing address
217 WISCONSIN AVE STE 201ST WAUKESHA
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
$3,320,000
Mtrc LLC
Db Community Real Estate LLC
Quit Claim Deed
related
—
Dec 28, 2021
$3,320,000
Dvb Community Real Estate LLC
Mtrc Ll
Quit Claim Deed
related
—
Jul 11, 2017
—
Mtrc LLC
Horizon Real Estate Investmement Ll
Warranty Deed
$2,100,000 · Cibm Bank
Oct 21, 2005
—
Horizon Real Estate Invs LLC
—
Grant Deed
related
$1,400,000 · Mitchell Bk
Oct 5, 2005
$180,000
Horizon Real Estate Invs LLC
Garfield Foundation INC
Quit Claim Deed
related
—
—
—
Horizon Real Estate Invs LLC
—
Deed Of Trust
related
—
—
—
Horizon Real Estate Invs LLC
—
Deed Of Trust
related
$1,270,000 · Community 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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