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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
3967 Howell Ave, Milwaukee, WI 53207-4421
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-2034978
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Total area
2,947 SF
Lot
0.27 ac (11,550 SF)
Zoning code
LB2
APN
580-0010-100
UPID
US92-2034978
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
-
414 Dental Dental Office
-
Depledge Timothy DDS Dental Office
-
Smith Amy Dental Office
-
Jose Ruiz Dental Office
-
Depledge Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
$475k
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$505k
Owner & transaction history
Ruiz Realty LLC · 6 yrs held
Ruiz Realty LLC
since 2019
7 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$320,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$475,000
7%
$440,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$171 / 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
$7,800
Tax year 2022
Assessed value
$327,600
Assessed 2022
Previous assessed
$327,600
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$69,300
Assessed improvement
$258,300
Land market value
$69,300
Improvement market value
$258,300
Total market value
$327,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
2,947 SF
Lot
0.27 ac (11,550 SF)
Zoning code
LB2
APN
580-0010-100
UPID
US92-2034978
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.
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Ruiz Realty LLC
Entity
Mailing address
12780 W WEATHERSTONE CT, NEW BERLIN, WI 53151-6157
Ownership since
2019
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
May 19, 2023
—
Ruiz Realty LLC
—
Deed
related
$420,111 · The Huntington National Bank
Sep 11, 2019
$330,000
Ruiz Realty LLC
Timothy D Depledge
Warranty Deed
$280,500 · The Huntington National Bank
Jan 20, 2017
—
Timothy D Depledge
—
Deed
related
$210,000 · Citizens Bank
Dec 5, 2013
—
Timothy D Depledge
Timothy D Depledge
Quit Claim Deed
related
$155,000 · Citizens Bk/mukwonago
Jan 11, 2005
—
Depledge,timothy D
Loreen M Depledge
Quit Claim Deed
related
—
—
—
Depledge,timothy D
—
Deed Of Trust
related
$166,100 · Citizens Bk/mukwonago
—
—
Depledge,timothy D
—
Deed Of Trust
related
$117,853 · Citizens Bk/mukwonago
—
—
Timothy D Depledge
—
Deed Of Trust
related
$125,000 · Citizens Bk/mukwonago
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.
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