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Property profile & analytics
OFF-MARKET Estimated value $2,210,000
Warehouses

5444 124th St Milwaukee, WI 53225-2922

15,100 SF 1.97 ac lot Built 1967
Entity Owned 4-yr Hold Free & Clear
Property ID
US92-1013247
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Total area 15,100 SF
Lot 1.97 ac (85,813 SF)
Zoning code IL1
APN 182-9973-120
UPID US92-1013247
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
  • Safeway Transportation Services - Milwaukee North School Bus Service Transportation Service
  • GO Riteway - Elmbrook Training Center School Bus Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.21M
Owner & transaction history
Farrell 124th Street LLC · 4 yrs held
Farrell 124th Street LLC
since 2022
Last sale
$2.0M
2 recorded transactions
2022
Price N/A
2022
$2.0M
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
Apartment house (5+ units) $2.6M +131.1%
Restaurant $1.9M +70.1%
Auto repair, garage $1.8M +59.5%
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