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Property profile & analytics
OFF-MARKET
Estimated value
$8,775,000
Warehouses
3280 Clement Ave Milwaukee, WI 53207-2838
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0818710
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1919
Total area
1,057,616 SF
Lot
43.05 ac (1,875,214 SF)
Zoning code
IH
APN
539-9965-110
UPID
US92-0818710
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
-
Milwaukee IPDC, Mopar Parts - Fiat Chrysler Group Warehouse & Storage
-
MOPAR | Fiat Chrysler Automobiles Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.78M
Owner & transaction history
Phoenix 3280 Milwaukee Industrial I · 1 yrs held
Phoenix 3280 Milwaukee Industrial I
since 2025
Last sale
$8.4M
6 recorded transactions
Zoning & alternative use
IH · 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
$9,070,000
ML approach
$9,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.78M
Range $7.90M – $9.65M · ±10% · vs last sale $8.40M (Feb 11 2025)
Last sale anchor
$8.40M
Feb 11 2025
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
$8 / 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
$127,836
Tax year 2022
Assessed value
$5,369,000
Assessed 2022
Previous assessed
$5,369,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$2,176,700
Assessed improvement
$3,192,300
Land market value
$2,176,700
Improvement market value
$3,192,300
Total market value
$5,369,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1919
Heating
YES
Stories
1
Units
1
Total area
1,057,616 SF
Lot
43.05 ac (1,875,214 SF)
Zoning code
IH
APN
539-9965-110
UPID
US92-0818710
Jurisdiction
MILWAUKEE
Zoning & alternative use
IH · Milwaukee, WI
Zoning IH · permitted uses
IH · 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
1919
Heating
YES
Stories
1
Units
1
Lot
43.05 ac
Current owner
From public records · entity-resolved
Phoenix 3280 Milwaukee Industrial I
Individual
Mailing address
1000 CHRYSLER DR, AUBURN HILLS, MI 48326-2766
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
—
Phoenix 3280 Milwaukee Industial In
—
Deed
related
$250,000,000 · Axos Bank
Feb 11, 2025
$8,400,000
Phoenix 3280 Milwaukee Industrial I
Fca Us LLC
Special Warranty Deed
$27,000,000 · Natixis New York Branch
Aug 18, 2014
—
Chrysler Group LLC
—
Loan Modification
related
—
Jun 24, 2009
$5,400,000
New Carco Acquisition LLC
Chrysler Motors LLC
Quit Claim Deed
related
—
Feb 12, 2009
—
Chrysler Motors LLC
—
Grant Deed
related
—
—
—
Chrysler Group LLC
—
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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