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Property profile & analytics
OFF-MARKET
Strip malls
5815 Capitol Dr 5821 Milwaukee, WI 53216-2246
Entity Owned
1-yr Hold
Free & Clear
Property ID
US92-0999482
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1956
Total area
11,213 SF
Lot
0.51 ac (22,100 SF)
Zoning code
LB2
APN
266-0001-100
UPID
US92-0999482
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
-
A&J Express mart Grocery & Convenience Store Food Market
-
Coin Cloud Bitcoin ATM Atm Currency Exchange Service
-
Sixtieth Tobacco & Varieties (Bike/Boat/Book/etc) Store
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Capitol Properties Investments LLC · 1 yrs held
Capitol Properties Investments LLC
since 2025
7 recorded transactions
Zoning & alternative use
LB2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$12,424
Tax year 2022
Assessed value
$521,800
Assessed 2022
Previous assessed
$521,800
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$77,400
Assessed improvement
$444,400
Land market value
$77,400
Improvement market value
$444,400
Total market value
$521,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1956
Heating
YES
Stories
1
Units
7
Total area
11,213 SF
Lot
0.51 ac (22,100 SF)
Zoning code
LB2
APN
266-0001-100
UPID
US92-0999482
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · 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
1956
Heating
YES
Stories
1
Units
7
Lot
0.51 ac
Current owner
From public records · entity-resolved
Capitol Properties Investments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
788 N JEFFERSON ST STE #800, MILWAUKEE, WI 53202-3700
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2025
$500,000
Capitol Properties Investments LLC
Edson Capital LLC
Warranty Deed
—
Apr 1, 2021
—
Edson Capital LLC
—
Deed
related
$1,601,083 · Waterstone Bank Ssb
Aug 20, 2018
—
Edson Capital LLC
Joel S Lee
Quit Claim Deed
related
—
Aug 20, 2018
$42,800
Joel S Lee
A Peter Aldrian
Quit Claim Deed
related
—
Aug 17, 2018
$43,300
Joel S Lee
Lee Durand
Quit Claim Deed
related
—
Apr 8, 2004
—
Lee,joel S
Blomberg Marion L Trust
Grant Deed
related
—
—
—
Lee,joel S
—
Loan Modification
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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