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Property profile & analytics
OFF-MARKET Estimated value $585,000
Strip malls

3600 Clement Ave Milwaukee, WI 53207-3566

5,537 SF 0.32 ac lot Built 1973
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US92-0635271
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Total area 5,537 SF
Lot 0.32 ac (13,938 SF)
Zoning code LB2
APN 547-0701-100
UPID US92-0635271
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
  • C M Food Mart Grocery & Convenience Store
  • The Corner Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$625k
Blend (final) Blend
$585k
Owner & transaction history
3600 Clement LLC · 10 yrs held
3600 Clement LLC
since 2016
7 recorded transactions
2020
Price N/A
2018
Price N/A
2016
$450,000
2012
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning districts, a private elderly housing project shall have 2 parking spaces for every 3 dwelling units. Public housing for low-income families and…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Retail stores $955,000 +85.7%
Restaurant $705,000 +36.7%
Auto repair, garage $660,000 +28.2%
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