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Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Apartment buildings
4505 4525th N 36th St 4525 Milwaukee, WI 53209-5978
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-1156969
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1948
Total area
16,298 SF
Lot
0.58 ac (25,410 SF)
Zoning code
RM3
APN
229-0410-000
UPID
US92-1156969
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
$2.42M
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$2.28M
Owner & transaction history
Berrada Properties 36 LLC · 6 yrs held
Berrada Properties 36 LLC
since 2019
7 recorded transactions
Zoning & alternative use
RM3 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,620,000
6.5%
$2,415,000
7%
$2,245,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,125,000
Current use
RESTAURANT
$2,075,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,945,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±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
$140 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$20,000
Tax year 2022
Assessed value
$840,000
Assessed 2022
Previous assessed
$840,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$49,400
Assessed improvement
$790,600
Land market value
$49,400
Improvement market value
$790,600
Total market value
$840,000
Applied tax rate
1.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1948
Heating
YES
Stories
2
Units
20
Rooms
80
Bathrooms
1
Total area
16,298 SF
Lot
0.58 ac (25,410 SF)
Zoning code
RM3
APN
229-0410-000
UPID
US92-1156969
Jurisdiction
MILWAUKEE
Zoning & alternative use
RM3 · Milwaukee, WI
Zoning RM3 · permitted uses
RM3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.1M
RESTAURANT
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Heating
YES
Stories
2
Units
20
Rooms
80
Bathrooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Berrada Properties 36 LLC
Entity
Mailing address
PO BOX 241191, MILWAUKEE, WI 53224-9028
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2019
—
Berrada Properties 36 LLC
Youssef Berrada
Quit Claim Deed
$6,070,000 · Miscellaneous Ins Co
Oct 3, 2016
$360,000
4505 N 36th Street LLC
Waterstone Bank Ssb
Quit Claim Deed
related
$288,000 · Waterstone Bank Ssb
Sep 14, 2016
$314,416
Waterstone Bk Ssb
Inspector Of Milwaukee County|speaker,jeffery R
Foreclosure
related
—
May 14, 2007
$423,500
Jeffrey R Speaker
Deborum LLC
Warranty Deed
$352,000 · Wauwatosa Savings Bank
Nov 13, 2006
—
Deborum LLC
Willie B Henning
Warranty Deed
—
Mar 4, 2005
$10,000
Serra,lucio A
Randall P Schlinke
Warranty Deed
—
Mar 4, 2005
$344,000
Willie Henning
Lucio A Serra
Warranty Deed
$344,000 · Wauwatosa Savings Bank
—
—
Speaker,jeffrey R & Colleen M
—
Deed Of Trust
related
$50,000 · Securant Bk&tr
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.
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