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Property profile

509 Erie St 6-2 Milwaukee, WI 53202

OFF-MARKET
Retail space
Property ID
US92-1236076
6,204 SF 0.02 ac lot Built 2006
Entity Owned Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Total area 6,204 SF
Lot 0.02 ac (670 SF)
Zoning code IM
APN 429-0231-000
UPID US92-1236076

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
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.00M
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$845k

Owner & transaction history

since 2026
1 recorded transaction
2026
$1.6M

Zoning & alternative use

IM · Milwaukee, WI
Zoning description

Industrial-Mixed IM none 8 Industrial-Heavy IH I/A125 and I/B/85 8 Special Districts and Overlay Zones Parks PK none 9 Institutional TL all T districts 9 Planned Development PD and DPD GPD and DPD 9 Redevelopment RED non…

General category INDUSTRIAL

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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