Property profile

505 Silver Spg Dr Glendale, WI 53217

OFF-MARKET
Retail space
Property ID
US92-1050058
5,720 SF 0.29 ac lot Built 2005
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Total area 5,720 SF
Lot 0.29 ac (12,807 SF)
APN 197-8940-001
UPID US92-1050058

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Pet Store & Service

Location

505 Silver Spg Dr Glendale, WI 53217-5050
Glendale metro Census 60200 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.05M
CAP Approach CAP
$925k
Comparable Approach Comparable
$794k
Blend (final) Blend
$970k

Owner & transaction history

since 2020
Last sale
$946,000
6 recorded transactions
2021
Price N/A
2020
$946,000
2019
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $970,000 +57.5%
Restaurant $725,000 +18.2%
Auto repair, garage $680,000 +10.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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