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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3244 College Ave Cudahy, WI 53110-3001

    • Individual retail properties
    • 36,929 SF
    • 10.00 lot acres
    OFF-MARKET
    Last Sale
    Sep 24, 2021
    $1,600,000
    Value Estimations
    $1,820,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-0488968
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ATA Tri-City Black Belt Academy LLC / Martial Arts School
    • SOUTH SHORE ATHLETIC CLUB-YIM / Youth Organization / Fitness Center

    Property Details for 3244 College Ave

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    10.00 lot acres
    Property size
    36,929 SF
    Property type
    Individual retail properties
    APN
    682-9960-025
    APU
    6829960025

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,030,000
      ML approach
      $2,060,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,855,000
      WAREHOUSE, STORAGE
      $2,720,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cudahy
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.8687
    Latitude
    42.9311
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $28,793
    $415,000
    $1,028,100
    $1,443,100
    -
    $0.00
    $0.00
    $1,486,600

    Comparable in this City

    • Value Estimation
      $755,000
      23,552 SF

      2525 Layton Ave

      GYM, HEALTH SPA • 23,552 SF
      2525 Layton Ave, Cudahy, WI 53110-1300
      View Details
    • Value Estimation by Request
      983 SF

      6088 Packard Ave

      BARBER, HAIR SALON • 983 SF
      6088 Packard Ave, Cudahy, WI 53110-3028
      View Details
    • Value Estimation by Request
      1,800 SF

      2415 Layton Ave

      CONVENIENCE STORE • 1,800 SF
      2415 Layton Ave, Cudahy, WI 53110-1341
      View Details
    • Value Estimation by Request
      3,183 SF

      3772 Pulaski Ave, Unit 72A

      RETAIL STORES (PERSONAL SERVICES) • 3,183 SF
      3772 Pulaski Ave, Cudahy, WI 53110-1927
      View Details
    • Value Estimation by Request
      2,060 SF

      3702 Barnard Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,060 SF
      3702 Barnard Ave, Cudahy, WI 53110-1522
      View Details
    • Value Estimation by Request
      2,760 SF

      4716 Packard Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,760 SF
      4716 Packard Ave, Cudahy, WI 53110-1439
      View Details

    Similar Nearby for Sale

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      11,750 SF

      Lake Drive Restaurant & Hotel

      Cudahy Restaurant, Hotel, Parking
      5133 Lake Dr, Cudahy, WI 53110
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    • Contact for pricing
      1,200 SF

      Cudahy Gas Station - Great Location

      High-Visibility Retail Space, 1200 SF
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      1 SF

      Retail Property with High Visibility

      Retail property with great visibility and multiple access points.
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    • $950,000
      23,236 SF

      Cudahy Office Building For Sale

      Two-story office building with ample parking and prominent signage.
      4702 S Packard Ave, Cudahy, WI 53110
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    • $500,000

      Land Development Opportunity in Cudahy

      Land with site improvements for multi-family or senior living.
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    • $252,000
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      Updated 2/2 duplex near schools, parks, and the lake.
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    Similar Nearby for Lease

    • $18 SF/Yr
      4,785 SF

      Cudahy Retail Center - For Lease

      Prime retail space, 4,785 sq ft, multiple suites available.
      6001 Packard Ave, Cudahy, WI 53110
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    • $215,000
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      Turnkey Restaurant Business Opportunity

      Turnkey restaurant business with equipment for sale or lease.
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    • $15 SF/Yr
      4,100 SF

      Cudahy Retail Space: The Scoot

      Prime Cudahy retail, flexible space available.
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    • $18 SF/Yr
      1,595 SF

      Retail Space with Ample Parking

      Retail spaces available for lease with build-to-suit options.
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      View Details
    • Contact for pricing
      11,500 SF

      Milwaukee Flex Space Available

      Modern Flex Space, 2,000 SF Available
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    • Contact for pricing
      18,506 SF

      Cudahy Industrial Space Available

      Industrial property available for lease in Cudahy, Wisconsin.
      5235 International Dr, Cudahy, WI 53110
      View Details
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    3244 College Ave
    Cudahy, WI 53110-3001
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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