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    3935 Howell Ave Milwaukee, WI 53207-4421

    • Turn key restaurants
    • 6,258 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Feb 25, 2020
    Location Intelligence
    Property ID
    US92-0362822
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Copper Kitchen / Diner / Breakfast Restaurant

    Property Details for 3935 Howell Ave

    Year built
    1948
    Lot size
    0.40 lot acres
    Property size
    6,258 SF
    Zone code
    LB2
    Property type
    Turn key restaurants
    APN
    580-0907-000
    APU
    5800907000

    Description

    This exceptional 2,000 square foot banquet hall presents a lucrative leasing opportunity in Milwaukee's vibrant Bay View/Tippecanoe neighborhood. Located on a 0.4-acre lot at 3935 S Howell Avenue, this high-visibility property boasts convenient access to major thoroughfares, placing it just blocks from the freeway and in close proximity to the airport. The expansive space comfortably accommodates up to 100 guests, making it ideal for a wide range of events, including weddings, showers, corporate gatherings, and more. Its prime location ensures high traffic and excellent visibility, attracting a substantial clientele. The property also features a large, convenient parking lot, eliminating parking hassles for attendees. This is a remarkable chance to secure a well-situated and versatile event space in a thriving Milwaukee community. The asking lease price is $2000. Serious inquiries are encouraged. The property is zoned for general commercial use.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $400,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $495,000
      Retail
      $400,000
      Mixed-Use
      $390,000
      Hospitality
      $410,000
      Educational
      $510,000
      Residential Income
      $460,000
      Energy
      $445,000
      Income-Based Land
      $415,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.91
    Latitude
    42.9728
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $12,048
    $105,700
    $400,300
    $506,000
    -
    $105,700
    $400,300
    $506,000

    Comparable in this City

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      117 119th E Oklahoma Ave

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      5067 Howell Ave

      RESTAURANT • 7,702 SF
      5067 Howell Ave, Milwaukee, WI 53207-6101
      View Details
    • Value Estimation
      $340,000
      3,060 SF

      4252 Howell Ave

      RESTAURANT • 3,060 SF
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      View Details
    • Value Estimation
      $510,000
      10,586 SF

      900 Layton Ave

      RESTAURANT • 10,586 SF
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      View Details

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    Similar Nearby for Lease

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    3935 Howell Ave
    Milwaukee, WI 53207-4421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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