500 Florida St Milwaukee, WI 53204-1534
Property profile & analytics
500 Florida St, Milwaukee, WI 53204-1534
- Hotels
- 95,788 SF
- 1.04 lot acres
Property ID
US92-3204497
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.
Location Intelligence
Current Use by Public Records
- The Iron Horse Hotel / Hotel & Motel
- Ash Hearth & Bar / Restaurant
- Encore / Rental Equipment Company / Tech Support Center
- The Iron Horse Hotel Valet Parking / Parking Lot & Garage
- idle-Iron Horse Hotel / Spa & Massage Center
Property Details for 500 Florida St
- Year built
- 1907
- Lot size
- 1.04 lot acres
- Zone code
- IM
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 428-0298-112
- APU
- 4280298112
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 25, 2025 | $15,750,000 | Rss Gsms2015 Gc28 Wi Rh LLC | Rider Hotel LLC | Deed · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,480,000
- 6.5%
- $3,215,000
- 7%
- $2,985,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,197,000
Market price range: $943k - $4.20M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $2,545,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $4,165,000 Change: +64% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9174
- Latitude
- 43.0275
- 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
$506,763
$909,300
$20,374,300
$21,283,600
-
$909,300
$20,374,300
$21,283,600