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Property profile & analytics
OFF-MARKET Estimated value $1,740,000
Drug stores

3860 27th St Milwaukee, WI 53221-1307

14,542 SF 1.68 ac lot Built 2008
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US92-3506104
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2008
Total area 14,542 SF
Lot 1.68 ac (73,224 SF)
Zoning code LB1
APN 552-1591-000
UPID US92-3506104
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
  • CVS Photo (Bike/Boat/Book/etc) Store
  • CVS Pharmacy Pharmacy
  • Cardtronics Atm
  • CVS Pharmacy
  • MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.74M
Owner & transaction history
Wisconsin Cvs Pharmacy LLC · 16 yrs held
Wisconsin Cvs Pharmacy LLC
since 2010
4 recorded transactions
2010
Price N/A
2009
$5.1M
2007
$2.3M
2005
$500,000
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities are of major significance. Good access by motor vehicle or public transit is important to local business districts, which are often located ad…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Apartment house (5+ units) $2.7M +72.2%
Commercial (general) $2.5M +56.6%
Restaurant $1.9M +18.2%
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