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Property profile & analytics
OFF-MARKET
Estimated value
$5,735,000
Parking lots & garages
5720 Bender Ct, Milwaukee, WI 53218
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-0534512
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2000
Lot
4.35 ac (189,399 SF)
Zoning code
IL1
APN
156-0007-100
UPID
US92-0534512
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
$6.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.74M
Owner & transaction history
Bender Court Property Group LLC · 4 yrs held
Bender Court Property Group LLC
since 2022
Last sale
$5.2M
5 recorded transactions
Zoning & alternative use
IL1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$6,265,000
ML approach
$6,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.74M
Range $5.16M – $6.31M · ±10% · vs last sale $5.18M (Mar 18 2022)
Last sale anchor
$5.18M
Mar 18 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
—
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
$5,867
Tax year 2022
Assessed value
$246,400
Assessed 2022
Previous assessed
$246,400
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$220,300
Assessed improvement
$26,100
Land market value
$220,300
Improvement market value
$26,100
Total market value
$246,400
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2000
Heating
YES
Units
1
Lot
4.35 ac (189,399 SF)
Zoning code
IL1
APN
156-0007-100
UPID
US92-0534512
Jurisdiction
MILWAUKEE
Zoning & alternative use
IL1 · Milwaukee, WI
Zoning IL1 · permitted uses
IL1 · 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.
Building & site characteristics
From public records
Year built
2000
Heating
YES
Units
1
Lot
4.35 ac
Current owner
From public records · entity-resolved
Bender Court Property Group LLC
Entity
Mailing address
1955 ATWOOD AVE, MADISON, WI 53704-5464
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2025
—
Bender Court Property Group LLC
—
Deed
related
$400,000 · Bank Of The Prairie
Mar 18, 2022
$5,175,000
Bender Court Property Group LLC
Bender Court Industrial LLC
Special Warranty Deed
$3,622,500 · Bank Of Prairie Du Sac
Aug 30, 2018
$4,000
Bender Court Industrial LLC
Bridge Holdings LLC
Warranty Deed
—
Jun 18, 2012
$3,155,000
Bridge Holdings LLC
Coleman Norris H
Warranty Deed
—
—
—
Bridge Holdings LLC
—
Deed Of Trust
related
$350,000 · Miscellaneous Govt Agcy
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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