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Property profile & analytics
OFF-MARKET
Estimated value
$3,085,000
Industrial properties
3240 Van Norman Ave Cudahy, WI 53110-1048
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0099201
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
66,280 SF
Lot
5.71 ac (248,945 SF)
Zoning code
M2
APN
590-0077-002
UPID
US92-0099201
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
-
Fabricated Metal Products, Inc. Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.29M
CAP Approach
CAP
$3.72M
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$3.09M
Owner & transaction history
Fmp Real Estate Holding LLC · 3 yrs held
Fmp Real Estate Holding LLC
since 2022
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
M2 · Cudahy, 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 Cudahy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cudahy 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
$3,665,000
ML approach
$3,290,000
CAP Approach
CAP Return
Estimation
6%
$4,025,000
6.5%
$3,715,000
7%
$3,450,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,155,000
Current use
Blend value · Realmo final
$3.09M
Range $2.78M – $3.39M · ±10% · vs last sale $3.10M (Dec 30 2022)
Last sale anchor
$3.10M
Dec 30 2022
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
$47 / 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
$41,317
Tax year 2022
Assessed value
$2,069,400
Assessed 2022
Previous assessed
$2,069,400
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$432,900
Assessed improvement
$1,636,500
Total market value
$2,131,900
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
66,280 SF
Lot
5.71 ac (248,945 SF)
Zoning code
M2
APN
590-0077-002
UPID
US92-0099201
Jurisdiction
MILWAUKEE
Zoning & alternative use
M2 · Cudahy, WI
Zoning M2 · permitted uses
M2 · Cudahy, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cudahy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.2M
INDUSTRIAL (GENERAL) 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
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
5.71 ac
Current owner
From public records · entity-resolved
Fmp Real Estate Holding LLC
Entity
Mailing address
3240 E VAN NORMAN AVE, CUDAHY, WI 53110-1048
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
$3,100,000
Fmp Real Estate Holding LLC
Fabricated Metal Products Company I
Special Warranty Deed
$1,000,000 · Fabricated Mctal Products Company INC
Jul 27, 2022
—
Fabricated Metal Products Company I
—
Deed
related
$3,250,000 · Bmo Harris Bank NA
May 17, 2016
—
Fabricated Metal Products Co I
—
Deed
related
$13,530,000 · Bmo Harris Bk NA
Jan 6, 2011
—
Fabricated Metal Products Co I
—
Deed Of Trust
related
$1,819,331 · M & I Marshall & Isley Bank
May 6, 2010
—
Fabricated Metal Products Co I
—
Deed Of Trust
related
$10,949,999 · M & I Marshall & Isley Bank
Apr 21, 2006
$2,135,000
Nshe Calabasas LLC
Lokre Select I LLP
Warranty Deed
—
Nov 29, 1999
$1,855,000
Lokre Select I LLP
Gardner,william E
Warranty Deed
related
$1,700,000 · Wisconsin Community Bank
—
—
Fabricated Metal Products Co I
—
Loan Modification
related
$12,000,000 · Bmo Harris Bk NA
—
—
Fabricated Metal Products Co I
—
Deed Of Trust
related
—
—
—
Fabricated Metal Products Co I
—
Loan Modification
related
$13,530,000 · Bmo Harris Bk NA
—
—
Fabricated Metal Products Co I
—
Deed Of Trust
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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