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Property profile & analytics
OFF-MARKET Estimated value $1,135,000
Investment properties

3116 3118th N Downer Ave Milwaukee, WI 53211

8,090 SF 0.11 ac lot Built 1909
Entity Owned 4-yr Hold
Property ID
US92-0694280
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1909
Total area 8,090 SF
Lot 0.11 ac (4,800 SF)
Zoning code LB2
APN 278-0047-000
UPID US92-0694280
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
  • UPS Access Point location Courier Service Postal Service
  • Bitcoin ATM Milwaukee - Coinhub Atm Currency Exchange Service
  • Bambam's Smoke Shop & Hookah Lounge (Bike/Boat/Book/etc) Store
  • Subway Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$1.14M
Owner & transaction history
The Corsican LLC · 4 yrs held
The Corsican LLC
since 2022
Last sale
$1.1M
4 recorded transactions
2022
$1.1M
2015
$955,000
2015
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
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