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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Assisted living facilities
3216 Highland Blvd Milwaukee, WI 53208-3252
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US92-0285297
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1965
Total area
46,144 SF
Lot
0.83 ac (36,080 SF)
Zoning code
RM7
APN
388-1632-100
UPID
US92-0285297
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
-
Crossroads Care Center Nursing Home
-
Dwalt Designs General Contractor
-
SouthPoint Projects General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$845k
Owner & transaction history
Cccm Realty LLC · 11 yrs held
Cccm Realty LLC
since 2014
7 recorded transactions
Zoning & alternative use
RM7 · 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
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,300,000
Current use
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$18 / 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
$44,968
Tax year 2022
Assessed value
$1,888,600
Assessed 2022
Previous assessed
$1,888,600
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$165,200
Assessed improvement
$1,723,400
Land market value
$165,200
Improvement market value
$1,723,400
Total market value
$1,888,600
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1965
Heating
YES
Cooling
YES
Stories
3
Units
95
Total area
46,144 SF
Lot
0.83 ac (36,080 SF)
Zoning code
RM7
APN
388-1632-100
UPID
US92-0285297
Jurisdiction
MILWAUKEE
Zoning & alternative use
RM7 · Milwaukee, WI
Zoning RM7 · permitted uses
RM7 · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.3M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Heating
YES
Cooling
Yes
Stories
3
Units
95
Lot
0.83 ac
Current owner
From public records · entity-resolved
Cccm Realty LLC
Entity
Mailing address
3216 W HIGHLAND BLVD, MILWAUKEE, WI 53208-3252
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2021
—
Cccm Realty LLC
—
Deed
related
$17,227,501 · First Midwest Bank
Oct 28, 2019
—
Cccm Realty LLC
—
Deed
related
$4,320,000 · Fifth Third Bk
Sep 3, 2014
$4,100,000
Cccm Realty LLC
3216 West Highland LLC
Special Warranty Deed
$4,320,000 · Mb Financial Bank NA
Apr 5, 2010
$1,600,000
3216 West Highland LLC
Orion Properties Three LLC
Grant Deed
$1,900,000 · Capitalsource Bk
Oct 8, 2004
$910,000
Orion Properties Three LLC
Marina View Manor INC
Grant Deed
$7,400,000 · Capitalsource Fin
—
—
Orion Properties Three LLC
—
Deed Of Trust
related
$21,502,500 · Charter One
—
—
Cccm Realty LLC
—
Loan Modification
related
$4,320,000 · Fifth Third Bk
—
—
Orion Properties Three LLC
—
Loan Modification
related
$3,249,500 · Charter One
—
—
3216 West Highland LLC
—
Deed Of Trust
related
$1,000,000 · Capitalsource 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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