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Property profile & analytics
OFF-MARKET
Estimated value
$12,105,000
Warehouses
5525 27th St Milwaukee, WI 53209
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0170632
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Total area
64,440 SF
Lot
12.28 ac (534,699 SF)
Zoning code
CS
APN
193-0541-000
UPID
US92-0170632
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
$11.32M
CAP Approach
CAP
$9.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.11M
Owner & transaction history
Storsafe Of Sivler Springs LLC · 3 yrs held
Storsafe Of Sivler Springs LLC
since 2022
Last sale
$13.7M
3 recorded transactions
Zoning & alternative use
CS · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$8.4M
+187.1%
Restaurant
$8.2M
+180.1%
Auto repair, garage
$7.7M
+162.7%
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
$16,625,000
ML approach
$11,320,000
CAP Approach
CAP Return
Estimation
6%
$10,430,000
6.5%
$9,630,000
7%
$8,940,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,400,000
Change: +187% · Conversion: Difficult
RESTAURANT
$8,195,000
Change: +180% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,685,000
Change: +163% · Conversion: Easy
Blend value · Realmo final
$12.11M
Range $10.89M – $13.32M · ±10% · vs last sale $13.74M (Sep 7 2022)
Last sale anchor
$13.74M
Sep 7 2022
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
$188 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$202,448
Tax year 2023
Assessed value
$7,298,600
Assessed 2023
Previous assessed
$5,363,500
+36.1% YoY
Effective rate
2.77%
On assessed value
Assessed land
$796,900
Assessed improvement
$6,501,700
Total market value
$8,769,200
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Stories
1
Units
389
Total area
64,440 SF
Lot
12.28 ac (534,699 SF)
Zoning code
CS
APN
193-0541-000
UPID
US92-0170632
Jurisdiction
MILWAUKEE
Zoning & alternative use
CS · Milwaukee, WI
Zoning CS · permitted uses
CS · 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
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.4M
RESTAURANT
Est. value
$8.2M
AUTO REPAIR, GARAGE
Est. value
$7.7M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
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
2017
Stories
1
Units
389
Lot
12.28 ac
Current owner
From public records · entity-resolved
Storsafe Of Sivler Springs LLC
Entity
Mailing address
5301 DEMPSTER ST STE #300, SKOKIE, IL 60077-1857
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2023
—
Storsafe Of Silver Springs LLC
—
Deed
related
—
Sep 7, 2022
$13,735,000
Storsafe Of Sivler Springs LLC
Silver Spring Self Storage LLC
Warranty Deed
$9,614,500 · The Equitable Bank Ssb
Mar 9, 2022
—
Silver Spring Self Storage LLC
—
Deed
related
$5,715,000 · The Equitable Bank Ssb
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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