Technical
Financial
Distress signals
Property profile

3119 Clement Ave 3131 Milwaukee, WI 53207

OFF-MARKET
Medical Office Space
Property ID
US92-1296108
7,200 SF 0.34 ac lot Built 1951
Entity Owned Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1951
Total area 7,200 SF
Lot 0.34 ac (14,910 SF)
Zoning code LB2
APN 539-0703-000
UPID US92-1296108

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Laboratory
  • Pediatrician Physician
  • Physician
  • Medical Clinic
  • Medical Clinic

Location

3119 Clement Ave, Unit 3131 Milwaukee, WI 53207-2835
Milwaukee metro Census 20700 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$721k
Blend (final) Blend
$580k

Owner & transaction history

Zoning & alternative use

LB2 · Milwaukee, WI
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 dist…

General category COMMERCIAL
Top alternative use upside
Restaurant $915,000 +23.5%
Auto repair, garage $860,000 +15.9%
Commercial (general) $790,000 +6.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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