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    Property profile & analytics

    413 2nd St, Unit 140 Milwaukee, WI 53203-3100

    • Investment properties
    • 570 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Nov 23, 2022
    $392,000
    Location Intelligence
    Property ID
    US92-1278508
    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

    • RetireCo / Insurance Agency
    • Galanis Pollack Jacobs Johnson / Law Firm
    • Stack Design Group / Architect / Design
    • Menomonee Valley Warehouse Lofts / Condominium Complex
    • Wisconsin Progress / Recruiter

    Property Details for 413 2nd St

    Year built
    1894
    Lot size
    0.01 lot acres
    Property size
    570 SF
    Zone code
    C9G
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    397-0443-200
    APU
    3970443200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $310,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $340,000
      Mixed-Use
      $385,000
      Hospitality
      $380,000
      Educational
      $365,000
      Residential Income
      $340,000
      Energy
      $370,000
      Income-Based Land
      $355,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9135
    Latitude
    43.035
    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
    $1,883
    $3,100
    $76,000
    $79,100
    -
    $3,100
    $76,000
    $79,100

    Comparable in this City

    • Value Estimation
      $325,000
      621 SF

      413 2nd St Ste, Unit 100

      OFFICE/RESIDENTIAL (MIXED USE) • 621 SF
      413 2nd St Ste, Milwaukee, WI 53203-3110
      View Details
    • Value Estimation
      $395,000
      1,021 SF

      413 2nd St, Unit 110

      OFFICE/RESIDENTIAL (MIXED USE) • 1,021 SF
      413 2nd St, Milwaukee, WI 53203-3100
      View Details
    • Value Estimation by Request
      280 SF

      413 2nd St, Unit 160

      OFFICE/RESIDENTIAL (MIXED USE) • 280 SF
      413 2nd St, Milwaukee, WI 53203-3100
      View Details
    • Value Estimation by Request
      15,000 SF

      1103 Martin L King Jr Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 15,000 SF
      1103 Martin L King Jr Dr, Milwaukee, WI 53203
      View Details
    • Value Estimation by Request
      7,134 SF

      1141 Martin L King Jr Dr, Unit 1

      OFFICE/RESIDENTIAL (MIXED USE) • 7,134 SF
      1141 Martin L King Jr Dr, Milwaukee, WI 53203
      View Details
    • Value Estimation
      $310,000
      3,550 SF

      1105 1107th N Martin L King Jr Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 3,550 SF
      1105 1107th N Martin L King Jr Dr, Milwaukee, WI 53203
      View Details

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    Milwaukee, WI 53203-3100
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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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