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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Automotive properties
5510 5540th S 27th St 5540 Milwaukee, WI 53221-4106
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-3306790
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1999
Total area
3,456 SF
Lot
1.1 ac (47,742 SF)
Zoning code
LB1
APN
669-0901-100
UPID
US92-3306790
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$565k
Owner & transaction history
Wisconsin Department Of Transportat · 2 yrs held
Wisconsin Department Of Transportat
since 2024
Last sale
$6,500
7 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$580,000
+41.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$410,000
Current use
COMMERCIAL (GENERAL)
$580,000
Change: +41% · Conversion: Moderate
RETAIL STORES
$370,000
Change: -10% · Conversion: Difficult
MEDICAL BUILDING
$355,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $7k (Mar 14 2024)
Last sale anchor
$7k
Mar 14 2024
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
$163 / 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
$25,834
Tax year 2022
Assessed value
$1,085,000
Assessed 2022
Previous assessed
$1,085,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$716,000
Assessed improvement
$369,000
Land market value
$716,000
Improvement market value
$369,000
Total market value
$1,085,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Units
70
Total area
3,456 SF
Lot
1.1 ac (47,742 SF)
Zoning code
LB1
APN
669-0901-100
UPID
US92-3306790
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$410,000
COMMERCIAL (GENERAL)
Est. value
$580,000
RETAIL STORES
Est. value
$370,000
MEDICAL BUILDING
Est. value
$355,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
1
Units
70
Lot
1.1 ac
Current owner
From public records · entity-resolved
Wisconsin Department Of Transportat
Entity
Mailing address
141 NW BARSTOW STA, WAUKESHA, WI 53188-3789
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2024
$6,500
Wisconsin Department Of Transportat
Jmr Properties IV LLC
Warranty Deed
—
Jul 7, 2015
$5,250,000
Jmr Properties IV LLC
Gss Corp
Warranty Deed
$7,065,000 · Nissan Motor Acceptance Corporation
Aug 28, 2008
$1,013,100
Gss Corp
Grayberg Holdings LLC
Warranty Deed
—
Jul 28, 2005
$300,000
Grayberg Holdings LLC
Jensen LLC
Warranty Deed
—
Jul 28, 2005
$1,000,000
Grayberg Holdings LLC
Jeff Jensen
Warranty Deed
$1,200,000 · Lincoln St Bk
Aug 30, 2004
$250,000
Jensen LLC
7-eleven INC
Grant Deed
$225,000 · Citizens Bk/mukwonago
—
—
Grayberg Holdings LLC
—
Deed Of Trust
related
$121,171 · Automotive Fin
—
—
Grayberg Holdings LLC
—
Deed Of Trust
related
$365,000 · Lincoln St Bk
—
—
Grayberg Holdings LLC
—
Deed Of Trust
related
$462,000 · Miscellaneous Govt Agcy
—
—
Grayberg Holdings LLC
—
Deed Of Trust
related
$200,000 · Jeff & Randy Jensen
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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