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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Investment properties
3622 3624th W Silver Spg Dr Milwaukee, WI 53209
Entity Owned
2-yr Hold
Free & Clear
Property ID
US92-0220550
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Total area
6,420 SF
Lot
0.2 ac (8,792 SF)
Zoning code
LB2
APN
171-9836-000
UPID
US92-0220550
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
-
Little People University, LLC High School
-
CONTACT | Mysite 2 General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$667k
Blend (final)
Blend
$655k
Owner & transaction history
Milwaukee Management LLC · 2 yrs held
Milwaukee Management LLC
since 2024
7 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$835,000
+50.2%
Restaurant
$815,000
+46.6%
Auto repair, garage
$765,000
+37.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$555,000
Current use
APARTMENT HOUSE (5+ UNITS)
$835,000
Change: +50% · Conversion: Moderate
RESTAURANT
$815,000
Change: +47% · Conversion: Difficult
AUTO REPAIR, GARAGE
$765,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$660,000
Change: +19% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$595,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$510,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$102 / 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
$5,050
Tax year 2022
Assessed value
$212,100
Assessed 2022
Previous assessed
$212,100
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$15,400
Assessed improvement
$196,700
Land market value
$15,400
Improvement market value
$196,700
Total market value
$212,100
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1955
Heating
YES
Cooling
YES
Stories
2
Units
6
Total area
6,420 SF
Lot
0.2 ac (8,792 SF)
Zoning code
LB2
APN
171-9836-000
UPID
US92-0220550
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$555,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$835,000
RESTAURANT
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$765,000
MEDICAL BUILDING
Est. value
$660,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$595,000
OFFICE BUILDING
Est. value
$510,000
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1955
Heating
YES
Cooling
Yes
Stories
2
Units
6
Lot
0.2 ac
Current owner
From public records · entity-resolved
Milwaukee Management LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7746 N BERWYN AVE, GLENDALE, WI 53209-1806
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2024
—
Milwaukee Management LLC
Yuriy Shteynbuk
Quit Claim Deed
related
—
May 9, 2018
—
Yuriy Shteynbuk
—
Deed
related
$137,000 · Velocity Com'l Cap
Mar 14, 2012
—
Shteynbuk,yuriy
Dmitriy Shteynbuk
Quit Claim Deed
related
—
Apr 14, 2009
—
Shteynbuk,dmitriy
Yuriy Shteynbuk
Quit Claim Deed
related
—
Mar 15, 2004
—
Shteynbuk,yuriy
Michael M Byrne
Grant Deed
related
—
—
—
Shteynbuk,yuriy
—
Deed Of Trust
related
$232,000 · Community Bk
—
—
Shteynbuk,yuriy & Dmitry
—
Deed Of Trust
related
—
—
—
Yuriy Shteynbuk
—
Deed Of Trust
related
$137,000 · Velocity Com'l Cap
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.
Try Rey
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