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Property profile & analytics
FOR SALE
Drug stores

2950 Oakland Ave Milwaukee, WI 53211-3228

14,823 SF 0.99 ac lot Built 2007
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US92-0127768
No photos on file
For Sale
Contact for pricing 14,823 SF
2950 Oakland Ave, Milwaukee, WI 53211-3228
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Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2007
Total area 14,823 SF
Lot 0.99 ac (43,321 SF)
Zoning code LB2
APN 316-1871-000
UPID US92-0127768
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
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Walgreens Cosmetic Store
  • Walgreens Pharmacy Pharmacy
  • FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.39M
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$2.09M
Owner & transaction history
Aryeetey Real Estate Holdings LLC · 7 yrs held
Aryeetey Real Estate Holdings LLC
since 2019
6 recorded transactions
2019
Price N/A
2019
$8.7M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning districts, a private elderly housing project shall have 2 parking spaces for every 3 dwelling units. Public housing for low-income families and…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Commercial (general) $2.1M +31.9%
Restaurant $1.9M +18.2%
Auto repair, garage $1.8M +10.8%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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