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Property profile & analytics
OFF-MARKET Estimated value $9,670,000
Warehouses

5115 Good Hope Rd Milwaukee, WI 53223-4701

95,740 SF 6.36 ac lot Built 2002
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US92-1003348
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2002
Total area 95,740 SF
Lot 6.36 ac (277,259 SF)
Zoning code IL1
APN 121-9999-112
UPID US92-1003348
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
  • Penske Truck Rental Moving Company
  • Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.77M
CAP Approach CAP
$13.38M
Comparable Approach Comparable
$7.02M
Blend (final) Blend
$9.67M
Owner & transaction history
Acpf Exr Jv Sub Good Hope Road Milw · 4 yrs held
Acpf Exr Jv Sub Good Hope Road Milw
since 2022
Last sale
$9.5M
7 recorded transactions
2022
$9.5M
2018
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
IL1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 Institutional District 295-907 Planned Development District 295-909 Redevelopment District SUBCHAPTER 10 OVERLAY ZONES (NC, IS, DIZ, SP, WL, L…

Zone name Industrial Light
General category INDUSTRIAL
Source Master V2
Top alternative use upside
Restaurant $12.2M +109.1%
Auto repair, garage $11.4M +96.1%
Retail stores $10.3M +76.9%
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