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Property profile & analytics
FOR LEASE
Strip malls

4055 N Teutonia Ave Milwaukee, WI 53209

17,600 SF 0.8 ac lot Built 1963
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US92-0075258
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1963
Total area 17,600 SF
Lot 0.8 ac (34,970 SF)
Zoning code LB2
APN 245-0217-100
UPID US92-0075258
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
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
  • Cosmo Beauty Cosmetic Store
  • Uncle Joe's Shoes & Sportswear Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • C M Wireless Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.44M
Blend (final) Blend
$1.96M
Owner & transaction history
71st & Western LLC · 9 yrs held
71st & Western LLC
since 2016
5 recorded transactions
2017
Price N/A
2016
$2.3M
2005
$2.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning districts, a private elderly housing project shall have 2 parking spaces for every 3 dwelling units. Public housing for low-income families and…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Apartment house (5+ units) $2.3M +40.1%
Restaurant $2.2M +36.7%
Auto repair, garage $2.1M +28.2%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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