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Property profile & analytics
OFF-MARKET
Specialty properties
324 Ohio Ave, Milwaukee, WI 53207-2746
Entity Owned
12-yr Hold
Free & Clear
Property ID
US92-0904801
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
2014
Total area
2,007 SF
Lot
0.12 ac (5,236 SF)
Zoning code
LB2
APN
538-0691-000
UPID
US92-0904801
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jjk Real Estate Holdings LLC · 12 yrs held
Jjk Real Estate Holdings LLC
since 2013
4 recorded transactions
Zoning & alternative use
LB2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,069
Tax year 2022
Assessed value
$380,900
Assessed 2022
Previous assessed
$380,900
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$15,800
Assessed improvement
$365,100
Land market value
$15,800
Improvement market value
$365,100
Total market value
$380,900
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
2014
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
4
Bathrooms
2
Total area
2,007 SF
Lot
0.12 ac (5,236 SF)
Zoning code
LB2
APN
538-0691-000
UPID
US92-0904801
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · 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.
Building & site characteristics
From public records
Year built
2014
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Jjk Real Estate Holdings LLC
Entity
Free & Clear · 12 yrs held
Mailing address
3275 S HOWELL AVE, MILWAUKEE, WI 53207-2763
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2020
—
Jjk Real Estate Holdings LLC
—
Deed
related
$225,000 · Waterstone Bank Ssb
Aug 29, 2013
$67,500
Jjk Real Estate Holdings LLC
Marianne L Kleczka
Quit Claim Deed
related
—
Oct 12, 2009
—
Kleczka,jerome J Family Trust
Kleczka Jerome J & M L Trust
Quit Claim Deed
related
—
Sep 25, 2009
—
Kleczka,jerome J & M L Trust
Jerome J Kleczka
Affidavit Of Death
related
—
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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