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Property profile & analytics
OFF-MARKET
Estimated value
$6,635,000
Warehouses
3742 Wisconsin Ave Milwaukee, WI 53208-3153
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-1048391
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1927
Total area
102,592 SF
Lot
0.26 ac (11,511 SF)
Zoning code
CS
APN
387-0210-000
UPID
US92-1048391
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
-
One Stop Self Storage Milwaukee Storage Facility
-
One Stop Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.49M
Blend (final)
Blend
$6.64M
Owner & transaction history
Milwaukee Industrial LLC · 1 yrs held
Milwaukee Industrial LLC
since 2025
7 recorded transactions
Zoning & alternative use
CS · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.6M
+90.6%
Neighborhood: shopping center
$9.5M
+72.3%
Office building
$8.1M
+46.7%
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
WAREHOUSE, STORAGE
$5,540,000
Current use
MEDICAL BUILDING
$10,560,000
Change: +91% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,545,000
Change: +72% · Conversion: Moderate
OFFICE BUILDING
$8,130,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$6,515,000
Change: +18% · Conversion: Moderate
Blend value · Realmo final
$6.64M
Range $5.97M – $7.30M · ±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
$65 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$145,084
Tax year 2023
Assessed value
$5,750,400
Assessed 2023
Previous assessed
$5,750,400
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$46,000
Assessed improvement
$5,704,400
Total market value
$6,909,000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1927
Heating
YES
Stories
8
Units
4
Total area
102,592 SF
Lot
0.26 ac (11,511 SF)
Zoning code
CS
APN
387-0210-000
UPID
US92-1048391
Jurisdiction
MILWAUKEE
Zoning & alternative use
CS · Milwaukee, WI
Zoning CS · permitted uses
CS · 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
WAREHOUSE, STORAGE Current
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$10.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.5M
OFFICE BUILDING
Est. value
$8.1M
RETAIL STORES
Est. value
$6.5M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
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
1927
Heating
YES
Stories
8
Units
4
Lot
0.26 ac
Current owner
From public records · entity-resolved
Milwaukee Industrial LLC
Entity
Mailing address
600 WAUKEGAN RD STE #129, NORTHBROOK, IL 60062-1249
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
Milwaukee Industrial LLC
—
Deed
related
$3,700,000 · Marathon Bank
Apr 4, 2025
$5,200,000
Milwaukee Industrial LLC
Platform II Wisconsin LLC
Deed
related
—
Dec 3, 2019
—
Platform II Wisconsin LLC
—
Deed
related
$2,291,450 · Old National Bank
Jan 26, 2018
—
Platform II Wisconsin LLC
—
Deed Of Trust
related
$6,381,004 · Indigo Direct Lending LLC
Dec 5, 2017
$1,830,000
Platform II-wisconsin LLC
Coakley Wisconsin Avenue LLC
Warranty Deed
—
May 26, 2006
—
Cell Twr Lease Acquisition LLC
—
Grant Deed
related
$100,000,000 · Cell Tower Lease Fndg
—
—
Coakley Wisconsin Avenue LLC
—
Loan Modification
related
$116,500 · Bmo Harris Bk NA
—
—
Coakley Wisconsin Avenue LLC
—
Loan Modification
related
$137,895 · Bmo Harris Bk NA
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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