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Property profile & analytics
OFF-MARKET Estimated value $515,000
Warehouses

5290 124th St Milwaukee, WI 53225-2902

10,194 SF 1.16 ac lot Built 1977
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-0092229
Property profile
Verified
Property type Warehouses
Use group STORAGE YARD (JUNK, SALVAGE)
Year built 1977
Total area 10,194 SF
Lot 1.16 ac (50,573 SF)
Zoning code IL1
APN 182-0351-100
UPID US92-0092229
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
$635k
Blend (final) Blend
$515k
Owner & transaction history
Stingray Investments LLC · 11 yrs held
Stingray Investments LLC
since 2015
2 recorded transactions
2015
$50,000
2014
$300,000
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
Medical building $785,000 +7.6%
Retail stores $770,000 +5.4%
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