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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Hotels
5105 Howell Ave, Milwaukee, WI 53207-6130
Entity Owned
~
Est. High Equity
Property ID
US92-3508007
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1977
Total area
126,359 SF
Lot
4.98 ac (216,885 SF)
Zoning code
LB1
APN
641-0033-100
UPID
US92-3508007
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
-
Magic Carpet Travel Travel Agency
-
Custom Limousine Service Limousine Service Bus Charter
-
ATM Atm
-
Aviator Sports Bar & Grille Bar & Pub Restaurant
-
Best Western Plus Milwaukee Airport Hotel & Conference Center Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.50M
Owner & transaction history
Aa Bw Mke LLC
Aa Bw Mke LLC
since 2026
5 recorded transactions
Zoning & alternative use
LB1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,120,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±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
$12 / 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
$180,825
Tax year 2022
Assessed value
$7,594,500
Assessed 2022
Previous assessed
$7,594,500
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$1,478,900
Assessed improvement
$6,115,600
Land market value
$1,478,900
Improvement market value
$6,115,600
Total market value
$7,594,500
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1977
Heating
YES
Cooling
YES
Stories
3
Units
141
Total area
126,359 SF
Lot
4.98 ac (216,885 SF)
Zoning code
LB1
APN
641-0033-100
UPID
US92-3508007
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.
Building & site characteristics
From public records
Year built
1977
Heating
YES
Cooling
Yes
Stories
3
Units
141
Lot
4.98 ac
Current owner
From public records · entity-resolved
Aa Bw Mke LLC
Entity
Mailing address
4909 OAKTON ST, SKOKIE, IL 60077-2903
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
$4,200,000
Aa Bw Mke LLC
Sasas Hospitality LLC
Deed
—
Apr 20, 2017
$7,900,000
Sasas Hospitality LLC
Dev Properties LLC
Warranty Deed
$5,280,000 · Albany Bk&tr
May 16, 2016
—
Dev Ent LLC
—
Deed
related
$3,500,000 · Commerce St Bk
Feb 29, 2016
$7,000,000
Dev Properties LLC
Dhir Group LLC
Warranty Deed
$3,500,000 · Commerce State Bank
—
—
Dev Ent LLC
—
Deed Of Trust
related
$3,500,000 · Commerce St 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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