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Property profile & analytics
OFF-MARKET Estimated value $310,000
Retail space

5611 5621st Wn Ave 5621 Milwaukee, WI 53208-1052

5,240 SF 0.22 ac lot Built 1923
Entity Owned 2-yr Hold Free & Clear
Property ID
US92-0458786
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1923
Total area 5,240 SF
Lot 0.22 ac (9,600 SF)
Zoning code LB2
APN 346-1425-000
UPID US92-0458786
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
$457k
Blend (final) Blend
$310k
Owner & transaction history
Geraserv LLC · 2 yrs held
Geraserv LLC
since 2024
5 recorded transactions
2024
Price N/A
2023
Price N/A
2023
Price N/A
2020
Price N/A
2020
Price N/A
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning districts, a private elderly housing project shall have 2 parking spaces for every 3 dwelling units. Public housing for low-income families and…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Restaurant $665,000 +100.2%
Apartment house (5+ units) $635,000 +90.1%
Auto repair, garage $625,000 +87.8%
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