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Property profile & analytics
OFF-MARKET Estimated value $600,000
Retail space

4770 27th St Milwaukee, WI 53221

4,800 SF 0.24 ac lot Built 1961
Entity Owned 19-yr Hold Free & Clear
Property ID
US92-3498123
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Total area 4,800 SF
Lot 0.24 ac (10,320 SF)
Zoning code LB1
APN 623-9837-100
UPID US92-3498123
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
$825k
Comparable Approach Comparable
$833k
Blend (final) Blend
$600k
Owner & transaction history
Forest Park Real Estate Co LLC · 19 yrs held
Forest Park Real Estate Co LLC
since 2006
2 recorded transactions
2006
$450,000
1969
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
Commercial (general) $810,000 +56.6%
Auto repair, garage $575,000 +10.8%
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