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Property profile & analytics
OFF-MARKET Estimated value $4,280,000
Strip malls

2960 Chase Ave 2984 Milwaukee, WI 53207-6407

29,311 SF 2.55 ac lot Built 1985
Entity Owned ~ Est. High Equity
Property ID
US92-0936874
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 29,311 SF
Lot 2.55 ac (111,209 SF)
Zoning code LB2
APN 505-1171-000
UPID US92-0936874
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
  • CSL Plasma Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.29M
CAP Approach CAP
$5.53M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.28M
Owner & transaction history
Jupiter Milwaukee LLC
Jupiter Milwaukee LLC
since 2025
Last sale
$4.3M
4 recorded transactions
2025
$4.3M
2023
$3.3M
2021
$1.7M
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
Apartment house (5+ units) $6.7M +147.2%
Retail stores $5.1M +85.7%
Restaurant $3.7M +36.7%
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