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Property profile & analytics
OFF-MARKET Estimated value $4,815,000
Investment properties

4001 Oakland Ave Shorewood, WI 53211-2356

51,874 SF 0.53 ac lot Built 1931
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-0610772
Property summary
AI-generated overview

This exceptional Shorewood, WI, property, located at 4001 N Oakland Ave, offers 62,092 square feet of retail space in a historic 1920 Art Deco building. The building, classified as Class B, features two available spaces totaling 6,000 square feet, divisible to a minimum of 1,830 square feet. One space, previously a bank, boasts stunning marble entrance details and Art Deco design elements throughout, encompassing 5,000 square feet on the first level and 1,000 square feet on the second level, including a large banquet room. The second space, formerly a subway station, is ideal for retail use and includes space for a kitchen, a front dining area, and two restrooms. This versatile property sits on 4.9 acres of land with a 2.91 FAR and is zoned B. The building comprises one structure with two stories and five total suites. Parking is available in a nearby structure and will be leased separately as needed. This unique opportunity is situated in the desirable North Shore submarket, near Capitol Dr, and offers a blend of historical charm and modern adaptability. The property's location in Shorewood, WI, zip code 53211, provides excellent visibility and accessibility. This is a rare chance to acquire a significant retail presence in a highly sought-after area.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1931
Total area 51,874 SF
Lot 0.53 ac (23,167 SF)
APN 240-0023-000
UPID US92-0610772
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.37M
Blend (final) Blend
$4.82M
Owner & transaction history
Norht Shore Apartments LLC · 8 yrs held
Norht Shore Apartments LLC
since 2018
5 recorded transactions
2018
Price N/A
2010
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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