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Property profile & analytics
OFF-MARKET Estimated value $1,720,000
Drug stores

4730 27th St Milwaukee, WI 53221-2602

14,420 SF 1.41 ac lot Built 1999
Entity Owned 11-yr Hold Free & Clear
Property ID
US92-1297461
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1999
Total area 14,420 SF
Lot 1.41 ac (61,594 SF)
Zoning code LB1
APN 623-9842-111
UPID US92-1297461
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
  • Walgreens Pharmacy
  • FedEx OnSite Postal Service Courier Service
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Walgreens Pharmacy Pharmacy
  • COVID-19 Drive-thru Testing at Walgreens Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.72M
Owner & transaction history
Realty Income Props 31 LLC · 11 yrs held
Realty Income Props 31 LLC
since 2015
2 recorded transactions
2015
$6.0M
2006
Price N/A
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities are of major significance. Good access by motor vehicle or public transit is important to local business districts, which are often located ad…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Apartment house (5+ units) $2.7M +72.2%
Commercial (general) $2.4M +56.6%
Restaurant $1.8M +18.2%
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