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Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Banks
401 Kilbourn Ave Milwaukee, WI 53202-3212
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0345144
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Total area
46,607 SF
Lot
0.33 ac (14,418 SF)
Zoning code
C9F(A)
APN
392-1395-000
UPID
US92-0345144
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
-
Blakes Lang Real Estate Lending Loan Service Bank
-
Milwaukee Auto Transport Inc. Trucking Company
-
Phoenix Investors LLC Real Estate Agency
-
Dr. David Phelps Physician Medical Clinic
-
Dr. Leslie Skaistis Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$1.67M
Owner & transaction history
Phoenix 401 LLC · 3 yrs held
Phoenix 401 LLC
since 2023
4 recorded transactions
Zoning & alternative use
C9F(A) · 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
$1,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±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
$36 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$104,655
Tax year 2018
Assessed value
$3,798,000
Assessed 2018
Previous assessed
$3,642,000
+4.3% YoY
Effective rate
2.76%
On assessed value
Assessed land
$720,000
Assessed improvement
$3,078,000
Land market value
$718,563
Improvement market value
$2,916,168
Total market value
$3,634,731
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Stories
4
Total area
46,607 SF
Lot
0.33 ac (14,418 SF)
Zoning code
C9F(A)
APN
392-1395-000
UPID
US92-0345144
Jurisdiction
MILWAUKEE
Zoning & alternative use
C9F(A) · Milwaukee, WI
Zoning C9F(A) · permitted uses
C9F(A) · 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
Stories
4
Lot
0.33 ac
Current owner
From public records · entity-resolved
Phoenix 401 LLC
Entity
Mailing address
401 E KILBOURN AVE STE #201, MILWAUKEE, WI 53202-3212
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2023
—
Phoenix 401 LLC
—
Deed
related
$1,513,000 · Trustone Financial Cu
Sep 16, 2021
—
Phoenix 401 LLC
—
Deed
related
$3,850,000 · Trustone Financial Cu
Jan 8, 2019
—
Phoenix 401 LLC
—
Deed
related
$143,000 · Spring Bk
Nov 20, 2017
—
Phoenix St Francis Indl Invtr
—
Deed
related
$69,200,000 · Walker & Dunlop Coml Prop Fndg
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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