Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4678 40th St Milwaukee, WI 53209-5810
    Back to Search
    Property profile & analytics

    4678 40th St, Milwaukee, WI 53209-5810

    View on Map
    • Day care centers
    • 1,685 SF
    • 0.12 lot acres
    Off-Market
    Property ID
    US92-2753530
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 4678 40th St

    Year built
    1929
    Lot size
    0.12 lot acres
    Zone code
    RT3
    Property type
    Day care centers
    APN
    229-0930-000
    APU
    2290930000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 12, 2006 $125,000 Sterling,randolph A SR & Phyllis Betty L Pryor Warranty Deed $125k · Csmc
    Dec 20, 2004 — Pryor,betty L Nicole M Pryor Quit Claim Deed · related —
    Nov 16, 2004 — Pryor,nicole M Betty L Pryor Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9624
    Latitude
    43.1024
    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
    $2,388
    $3,900
    $96,400
    $100,300
    -
    $3,900
    $96,400
    $100,300

    Comparable in this City

    • Value Estimation by Request
      1,528 SF

      4825 36th St

      DAY CARE, PRE-SCHOOL
      4825 36th St, Milwaukee, WI 53209-5316
      View Details
    • Value Estimation by Request
      3,221 SF

      6900 43rd St

      DAY CARE, PRE-SCHOOL
      6900 43rd St, Milwaukee, WI 53209-2217
      View Details
    • Value Estimation by Request
      2,940 SF

      4893 Grn Bay Ave

      DAY CARE, PRE-SCHOOL
      4893 Grn Bay Ave, Milwaukee, WI 53209-5727
      View Details
    • Value Estimation
      $520,000
      10,555 SF

      3002 Silver Spg Dr

      DAY CARE, PRE-SCHOOL
      3002 Silver Spg Dr, Milwaukee, WI 53209-4109
      View Details
    • Value Estimation
      $610,000
      14,992 SF

      5719 Teutonia Ave

      DAY CARE, PRE-SCHOOL
      5719 Teutonia Ave, Milwaukee, WI 53209-4131
      View Details
    • Value Estimation by Request
      2,730 SF

      5117 32nd St

      DAY CARE, PRE-SCHOOL
      5117 32nd St, Milwaukee, WI 53209-5429
      View Details

    Similar Nearby for Sale

    • $490,000
      6,327 SF

      Villard Avenue Commercial Property

      Commercial property suitable for daycare, retail, office, or service use.
      3311 W Villard Ave, Milwaukee, WI 53209
      View Details
    • Contact for pricing
      5,000 SF

      5000 SF Brick Building

      5000 SF brick building with operating daycare and parking.
      2809 W Atkinson Ave, Milwaukee, WI 53209
      View Details
    • $139,900
      0.11 Acres

      Milwaukee Duplex Ready for Cashflow

      Great duplex, rented and ready to generate cashflow.
      4566 N 28Th St, Milwaukee, WI 53209
      View Details
    • Contact for pricing
      4,356 SF

      Development Site on Teutonia Avenue

      City of Milwaukee tax foreclosed development site for sale.
      5629 North Teutonia Ave, Milwaukee, WI 53209
      View Details
    • Contact for pricing
      37,837 SF

      Mixed-Use Property For Sale

      Mixed-use property with industrial, office, and commercial spaces available.
      6820 N 43Rd St, Brown Deer, WI 53209
      View Details
    • Contact for pricing
      70,000 SF

      Fenced Property with Outdoor Storage

      Industrial property featuring secure fencing and outdoor storage space.
      2300-2324 W Cornell St, Milwaukee, WI 53209
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space in Brown Deer

      Commercial space available for rent in Brown Deer, Wisconsin.
      9090 North Green Bay Rd, Brown Deer, WI 53209
      View Details
    • Contact for pricing
      10,800 SF

      Glendale Industrial Space Available

      Industrial space for lease in Glendale, Wisconsin.
      6581-6585 N Sidney Pl, Glendale, WI 53209
      View Details
    • Contact for pricing
      1,250 SF

      Renovated Office Space in Glendale

      Modern, renovated office space with updated amenities and convenient location.
      7101 N Green Bay Ave, Glendale, WI 53209
      View Details
    • Contact for pricing
      3,200 SF

      Industrial Space with Fenced Yard

      Industrial property for rent featuring a fenced yard and drive-in doors.
      3400 W Kiehnau Ave, Milwaukee, WI 53209
      View Details
    • Contact for pricing

      Glendale Medical Center Office Space

      Modern medical office space available for lease in Glendale.
      5650 North Green Bay Rd, Milwaukee, WI 53209
      View Details
    • Contact for pricing
      9 SF

      Industrial Property for Rent

      Industrial property available for rent in Milwaukee, Wisconsin.
      5555 N 27Th St, Milwaukee, WI 53209
      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.
    4678 40th St
    Milwaukee, WI 53209-5810
    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
    4678 40th St, Milwaukee, WI, 53209
    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!