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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Strip malls
5400 Lovers Ln Rd 5426 Milwaukee, WI 53225-3006
Entity Owned
~
Est. High Equity
Property ID
US92-0612735
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Total area
27,840 SF
Lot
1.28 ac (55,670 SF)
Zoning code
LB1
APN
183-9969-110
UPID
US92-0612735
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
-
Boost Mobile Mobile Phone Store Electronics & Wireless Store
-
A Different Vibe Lounge LLC Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$656k
Blend (final)
Blend
$835k
Owner & transaction history
140 Church LLC
140 Church LLC
since 2026
7 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
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$30 / 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
$22,462
Tax year 2022
Assessed value
$943,400
Assessed 2022
Previous assessed
$943,400
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$222,700
Assessed improvement
$720,700
Land market value
$222,700
Improvement market value
$720,700
Total market value
$943,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1985
Heating
YES
Cooling
YES
Stories
1
Units
14
Total area
27,840 SF
Lot
1.28 ac (55,670 SF)
Zoning code
LB1
APN
183-9969-110
UPID
US92-0612735
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
1985
Heating
YES
Cooling
Yes
Stories
1
Units
14
Lot
1.28 ac
Current owner
From public records · entity-resolved
140 Church LLC
Entity
Mailing address
1010 E LAYTON AVE, MILWAUKEE, WI 53207-5238
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
$1,809,524
140 Church LLC
Del Rio LLC
Special Warranty Deed
$1,520,000 · Advia Credit Union
May 1, 2024
—
Del Rio LLC
—
Deed
related
$1,360,000 · Us Bank NA
Mar 8, 2024
—
Del Rio LLC
—
Deed
related
$1,360,000 · Us Bank NA
Sep 4, 2012
$375,000
Del Rio LLC
Fifth Third Bk
Grant Deed
—
Dec 7, 2011
—
Fifth Third Bk
5400 Lovers Lane LLC
Grant Deed
related
—
Apr 5, 2005
$1,625,000
5400 Lovers Lane LLC
Wisc Property LP
Special Warranty Deed
$1,360,000 · Fifth Third Bank
—
—
Del Rio LLC
—
Deed Of Trust
related
$400,000 · Wells Fargo 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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