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Property profile & analytics
OFF-MARKET Estimated value $1,020,000
Strip malls

552 Layton Ave Milwaukee, WI 53207-5959

9,120 SF 1.53 ac lot Built 2005
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US92-3520377
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 9,120 SF
Lot 1.53 ac (66,560 SF)
Zoning code LB1
APN 595-0844-000
UPID US92-3520377
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
  • Domino's Pizza Take-out & Catering
  • Cousins Subs Take-out & Catering
  • Milwaukee Vap & Smoke (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Milwaukee Dental Clinic Dental Office
  • Nail Spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$1.02M
Owner & transaction history
Guo & Yang LLC · 15 yrs held
Guo & Yang LLC
since 2011
4 recorded transactions
2018
Price N/A
2011
$720,000
2009
Price N/A
2006
$1.8M
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities are of major significance. Good access by motor vehicle or public transit is important to local business districts, which are often located ad…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Retail stores $1.6M +85.7%
Restaurant $1.2M +36.7%
Auto repair, garage $1.1M +28.2%
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