Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4309 20th St Milwaukee, WI 53221-2355
    Back to Search
    Property profile & analytics

    4309 20th St, Milwaukee, WI 53221-2355

    View on Map
    • Specialty properties
    • 10,027 SF
    • 0.61 lot acres
    Off-Market
    Property ID
    US92-0814743
    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.
    Value Estimations
    $515,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ROZGA FUNERAL & CREMATION SERVICES - ROZGA-WALLOCH CHAPEL / Social Service Agency

    Property Details for 4309 20th St

    Year built
    1966
    Lot size
    0.61 lot acres
    Zone code
    NS1
    Property type
    Specialty properties
    APN
    598-0301-100
    APU
    5980301100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 10, 2024 — Eagle Lake Real Estate LLC — Deed · related $191k · Citizens Bank
    Jun 20, 2024 — Eagle Lake Real Estate LLC — Deed · related $297k · Citizens Bank
    Jan 17, 2024 — Eagle Lake Real Estate LLC — Deed · related $580k · Citizens Bank
    Jan 17, 2023 — Rsw Real Estate LLC — Deed · related $689k · Citizens Bank
    Aug 29, 2017 — Rsw Real Estate LLC — Deed · related $824k · Wisconsin Bk&tr
    Nov 27, 2009 $730,000 Rsw Real Estate LLC Christi Pfaff Personal Representative Deed $1.4M · Community Bank & Trust
    — — Rsw Real Estate LLC — Deed Of Trust · related $824k · Wisconsin Bk&tr

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $395,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $633,000
      Market price range: $301k - $656k

    • Alternative Use

      Use
      Estimation
      CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
      $460,000
      Current use
      MEDICAL BUILDING
      $775,000
      Change: +68% Conversion: Difficult
      RETAIL STORES
      $560,000
      Change: +22% Conversion: Difficult
      OFFICE BUILDING
      $540,000
      Change: +17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9393
    Latitude
    42.9662
    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
    $16,484
    $66,200
    $626,100
    $692,300
    -
    $66,200
    $626,100
    $692,300

    Comparable in this City

    • Value Estimation
      $695,000
      28,824 SF

      3587 41st St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      3587 41st St, Milwaukee, WI 53221
      View Details
    • Value Estimation
      $1,540,000
      9,094 SF

      6080 27th St

      FUNERAL HOME
      6080 27th St, Milwaukee, WI 53221-4805
      View Details
    • Value Estimation by Request
      2.69 Acres

      5476 13th St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      5476 13th St, Milwaukee, WI 53221-4420
      View Details
    • Value Estimation by Request
      2,656 SF

      1908 Layton Ave

      DAY CARE, PRE-SCHOOL
      1908 Layton Ave, Milwaukee, WI 53221-5310
      View Details
    • Value Estimation
      $700,000
      7,275 SF

      4858 27th St

      DAY CARE, PRE-SCHOOL
      4858 27th St, Milwaukee, WI 53221
      View Details
    • Value Estimation by Request
      3,098 SF

      1209 Layton Ave

      DAY CARE, PRE-SCHOOL
      1209 Layton Ave, Milwaukee, WI 53221-2432
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      32.131 Acres Land Available

      32.131 acres of land for sale.
      813 W College Ave, Milwaukee, WI 53221
      View Details
    • Contact for pricing

      Greenfield Shopping Center For Sale

      63,340 SF neighborhood shopping center in Greenfield, Wisconsin.
      6201 South 27Th St, Greenfield, WI 53221
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      W Loomis Rd, Milwaukee, WI 53221
      View Details
    • Contact for pricing
      113,747 SF

      Former Grocery Store Available

      Former Festival Foods location for lease or sale.
      4777 S 27Th St, Greenfield, WI 53221
      View Details
    • Contact for pricing

      Retail Center and Pad Site

      Retail strip center with high visibility and easy access.
      938 W Layton Ave, Milwaukee, WI 53221
      View Details
    • Contact for pricing

      Duplex with Generous Yard

      Duplex with in-unit laundry and recent updates.
      6154 S 42Nd St, Greenfield, WI 53221
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space for Rent

      Commercial property available for rent in Milwaukee, Wisconsin.
      6801 S 13Th St, Milwaukee, WI 53221
      View Details
    • Contact for pricing

      Industrial Property with Dock Area

      Industrial property featuring a dock area and office space for rent.
      5282 S 13Th St, Milwaukee, WI 53221
      View Details
    • $3,000 /Mo
      2,000 SF

      High-Visibility Milwaukee Commercial Space

      Versatile 2,000 sq ft space ideal for professional services.
      5022 S 27Th St, Milwaukee, WI 53221
      View Details
    • Contact for pricing
      1,200 SF

      Greenfield Office Space Available

      1200 SF office space for rent in Greenfield.
      4300 W Layton Ave, Greenfield, WI 53221
      View Details
    • Contact for pricing

      Outdoor Storage Site For Rent

      South side outdoor storage site, flexible ownership, near airport.
      6000 S 6Th St, Milwaukee, WI 53221
      View Details
    • Contact for pricing

      Cross-Dock Freight Terminal For Rent

      38-door freight terminal on 3.5 acres, near I-94.
      819 W Carpenter Ave, Milwaukee, WI 53221
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4309 20th St
    Milwaukee, WI 53221-2355
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4309 20th St, Milwaukee, WI, 53221
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!