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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office buildings
4733 Wn Ave Milwaukee, WI 53208-1131
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US92-3342231
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1911
Total area
6,374 SF
Lot
0.1 ac (4,164 SF)
Zoning code
LB2
APN
347-0301-000
UPID
US92-3342231
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
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$650k
Owner & transaction history
S Price Real Estate Holdings LLC · 17 yrs held
S Price Real Estate Holdings LLC
since 2009
7 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$810,000
+60.5%
Apartment house (5+ units)
$770,000
+52.4%
Auto repair, garage
$760,000
+50.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$505,000
Current use
RESTAURANT
$810,000
Change: +61% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$770,000
Change: +52% · Conversion: Easy
AUTO REPAIR, GARAGE
$760,000
Change: +51% · Conversion: Difficult
MEDICAL BUILDING
$655,000
Change: +30% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$595,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$405,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$102 / 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
$5,502
Tax year 2022
Assessed value
$231,100
Assessed 2022
Previous assessed
$231,100
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$5,200
Assessed improvement
$225,900
Land market value
$5,200
Improvement market value
$225,900
Total market value
$231,100
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1911
Heating
YES
Stories
2
Units
2
Total area
6,374 SF
Lot
0.1 ac (4,164 SF)
Zoning code
LB2
APN
347-0301-000
UPID
US92-3342231
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · 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
OFFICE BUILDING Current
Est. value
$505,000
RESTAURANT
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$760,000
MEDICAL BUILDING
Est. value
$655,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$595,000
RETAIL STORES
Est. value
$405,000
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1911
Heating
YES
Stories
2
Units
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
S Price Real Estate Holdings LLC
Entity
Mailing address
4801 WN AVE, MILWAUKEE, WI 53208-1117
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2009
$215,000
S Price Real Estate Holdings LLC
Waterstone Bank Ssb
Quit Claim Deed
related
$315,000 · Legacy Bank
Jan 22, 2009
$208,000
Waterstone Bank Ssb
Inspector Of Milwaukee County
Foreclosure
related
—
Sep 28, 2006
$30,200
Nii Capital LLC
Np Properties LLC
Quit Claim Deed
related
$300,000 · Wauwatosa Savings Bank
Mar 23, 2004
—
Np Properties LLC
Np Properties LLC
Quit Claim Deed
related
—
—
—
S Price R & E Holdings LLC
—
Deed Of Trust
related
$500,000 · Forward Community Investments INC Forward Community Investments INC
—
—
Np Properties LLC
—
Deed Of Trust
related
$198,197 · Us Bk
—
—
Lynn,nathaniel K
—
Deed Of Trust
related
$84,311 · Patrick E Peery
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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