Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,525,000
Office buildings
4915 Howell Ave Milwaukee, WI 53207-5939
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-1231751
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1981
Total area
61,500 SF
Lot
1.01 ac (43,821 SF)
Zoning code
LB1
APN
626-0263-000
UPID
US92-1231751
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
-
Ahmad Munjed A Law Firm
-
Ahmad & Guerard, LLP Law Firm
-
Zellner Law LLC Law Firm
-
Us FAA State Department Of Transportation Department Of Transportation
-
U.S. Customs and Border Protection - Milwaukee Service Port Federal Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.43M
Blend (final)
Blend
$5.53M
Owner & transaction history
Zilber Ltd · 14 yrs held
Zilber Ltd
since 2011
3 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.8M
+60.5%
Auto repair, garage
$7.3M
+50.6%
Commercial (general)
$6.8M
+38.8%
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
$4,875,000
Current use
RESTAURANT
$7,820,000
Change: +61% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,335,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,765,000
Change: +39% · Conversion: Easy
MEDICAL BUILDING
$6,330,000
Change: +30% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,720,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$5.53M
Range $4.97M – $6.08M · ±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
$90 / 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
$100,704
Tax year 2022
Assessed value
$4,229,500
Assessed 2022
Previous assessed
$4,229,500
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$348,000
Assessed improvement
$3,881,500
Land market value
$348,000
Improvement market value
$3,881,500
Total market value
$4,229,500
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
1981
Heating
YES
Cooling
YES
Stories
5
Units
18
Total area
61,500 SF
Lot
1.01 ac (43,821 SF)
Zoning code
LB1
APN
626-0263-000
UPID
US92-1231751
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB1 · Milwaukee, WI
Zoning LB1 · permitted uses
LB1 · 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
$4.9M
RESTAURANT
Est. value
$7.8M
AUTO REPAIR, GARAGE
Est. value
$7.3M
COMMERCIAL (GENERAL)
Est. value
$6.8M
MEDICAL BUILDING
Est. value
$6.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1981
Heating
YES
Cooling
Yes
Stories
5
Units
18
Lot
1.01 ac
Current owner
From public records · entity-resolved
Zilber Ltd
Individual
Mailing address
710 N PLANKINTON AVE STE #1400, MILWAUKEE, WI 53203-2418
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2011
—
Zilber Ltd
—
Loan Modification
related
$3,750,000 · Pnc Bk
Apr 27, 2011
—
Zilber Ltd
—
Loan Modification
related
$80,000,000 · Pnc Bk
—
—
North Aurora Realty Holdings I
—
Deed Of Trust
related
$3,750,000 · Private Individual
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4915 Howell Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
