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Property profile & analytics
OFF-MARKET
Bars & Pubs
502 Garfield Ave Milwaukee, WI 53212-3157
Entity Owned
Property ID
US92-1310308
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
2005
Total area
4,600 SF
Lot
0.16 ac (6,938 SF)
Zoning code
RT4
APN
353-0245-100
UPID
US92-1310308
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
-
Garfields 502 Eclectic Restaurant Night Club
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
H I M LLC
H I M LLC
since 2026
6 recorded transactions
Zoning & alternative use
RT4 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,526
Tax year 2022
Assessed value
$484,100
Assessed 2022
Previous assessed
$484,100
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$41,600
Assessed improvement
$442,500
Land market value
$41,600
Improvement market value
$442,500
Total market value
$484,100
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
2005
Heating
NONE
Cooling
YES
Stories
2
Units
3
Total area
4,600 SF
Lot
0.16 ac (6,938 SF)
Zoning code
RT4
APN
353-0245-100
UPID
US92-1310308
Jurisdiction
MILWAUKEE
Zoning & alternative use
RT4 · Milwaukee, WI
Zoning RT4 · permitted uses
RT4 · 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.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Cooling
Yes
Stories
2
Units
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
H I M LLC
Entity
Mailing address
502 W GARFIELD AVEA, MILWAUKEE, WI 53212-3157
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
H I M LLC
Brandon Currie
Quitclaim Deed
related
—
Jan 11, 2012
—
Currie & Sons LLC
Jewel Currie
Quit Claim Deed
related
$287,540 · Miscellaneous Govt Agcy
Feb 21, 2006
—
Currie,jewel
—
Deed Of Trust
related
$709,000 · M&i Marshall & Ilsley Bk
Jun 15, 2005
—
Currie,jewel
—
Deed Of Trust
related
$550,000 · M&i Marshall & Ilsley Bk
Jan 3, 2005
$500
Currie,jewel
Everett E Moore
Grant Deed
related
—
—
—
Currie,jewel
—
Deed Of Trust
related
$435,600 · M&i Marshall & Ilsley Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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