Financial
Distress signals
Property profile

585 Erie St 1 Milwaukee, WI 53202

OFF-MARKET
Retail space
Property ID
US92-1200409
3,234 SF 0.02 ac lot Built 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value$301k
Assessed land$20k
Assessed improvement$281k
Effective rate2.38%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$330k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$496/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$188 – $770
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IM
Industrial-Mixed IM none 8 Industrial-Heavy IH I/A125 and I/B/85 8 Special Districts and Overlay Zones Parks PK none 9 Institutional TL a...
General categoryINDUSTRIAL
JurisdictionMILWAUKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop8.3
Laundromat8.1
Electrical Service8.0

Location

585 Erie St, Unit 1 Milwaukee, WI 53202-6201
County assessor Recorded deeds · not on file 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1515 En, Milwaukee, WI 53202-1032 $525,000 Mar 2023 2,620 SF
102 Water, Milwaukee, WI 53202-6056 $2,641,400 Jan 2023 2,811 SF
225 Erie, Milwaukee, WI 53202 $2,641,400 Jan 2023 2,725 SF
1669 Farwell, Milwaukee, WI 53202-2330 $475,000 Aug 2022 3,797 SF
311 Chicago St, Milwaukee, WI 53202-5896 $750,000 May 2022 3,069 SF
234 Broadway, Milwaukee, WI 53202-5822 $580,000 Mar 2020 3,125 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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