New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Warehouses
3271 Van Norman Ave Cudahy, WI 53110-1047
Entity Owned
7-yr Hold
Free & Clear
Property ID
US92-3314968
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1947
Construction
METAL FRAME
Total area
109,846 SF
Lot
6.59 ac (286,930 SF)
APN
590-9994-010
UPID
US92-3314968
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
-
Lippmann-Milwaukee Inc Industrial Manufacturer Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.25M
Owner & transaction history
Lippmann Real Estate LLC · 7 yrs held
Lippmann Real Estate LLC
since 2018
7 recorded transactions
Zoning & alternative use
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±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
$20 / 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
$41,937
Tax year 2022
Assessed value
$2,100,400
Assessed 2022
Previous assessed
$2,054,700
+2.2% YoY
Effective rate
2.00%
On assessed value
Assessed land
$498,900
Assessed improvement
$1,601,500
Total market value
$2,163,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1947
Construction
METAL FRAME
Heating
NONE
Total area
109,846 SF
Lot
6.59 ac (286,930 SF)
APN
590-9994-010
UPID
US92-3314968
Jurisdiction
MILWAUKEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1947
Construction
METAL FRAME
Heating
NONE
Lot
6.59 ac
Current owner
From public records · entity-resolved
Lippmann Real Estate LLC
Entity
Free & Clear · 7 yrs held
Mailing address
3271 E VAN NORMAN AVE, CUDAHY, WI 53110-1047
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2018
$2,580,000
Lippmann Real Estate LLC
Lippmann-milwaukee INC
Quit Claim Deed
related
—
Oct 4, 2018
—
Lippmann Real Estate LLC
—
Deed
related
—
Aug 31, 2018
—
Lippmann-milwaukee INC
—
Deed
related
—
Jul 10, 2008
$1,000,000
Lippmann-milwaukee INC
Dlg Properties LLC
Warranty Deed
$456,066 · M & I Marshall & Isley Bank
Feb 25, 2004
—
Dlg Properties LLC
Gabriel Diane L Trust
Grant Deed
related
—
—
—
Lippmann-milwaukee INC
—
Deed Of Trust
related
$11,960,000 · Wells Fargo Bk
—
—
Lippmann-milwaukee INC
—
Deed Of Trust
related
$554,625 · Associated Bank
—
—
Lippmann-milwaukee INC
—
Deed Of Trust
related
—
—
—
Lippmann Real Estate LLC
—
Loan Modification
related
—
—
—
Lippmann-milwaukee INC
—
Deed Of Trust
related
$1,500,000 · M & I Marshall & Isley Bank
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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