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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Strip malls
5902 5940th N 76th St 5940 Milwaukee, WI 53218-1845
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-1108783
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1982
Total area
17,637 SF
Lot
0.94 ac (40,800 SF)
Zoning code
LB1
APN
175-0207-110
UPID
US92-1108783
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
-
J's Laundry (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.37M
Owner & transaction history
N&i Property Enterprise LLC · 3 yrs held
N&i Property Enterprise LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+36.7%
Auto repair, garage
$2.1M
+28.2%
Retail stores
$1.9M
+15.7%
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
$1,450,000
ML approach
$1,390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,640,000
Current use
RESTAURANT
$2,245,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,105,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$1,900,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$1,815,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,530,000
Change: -7% · Conversion: Easy
OFFICE BUILDING
$1,395,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.20M (Sep 30 2022)
Last sale anchor
$1.20M
Sep 30 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
$77 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$29,267
Tax year 2022
Assessed value
$1,229,200
Assessed 2022
Previous assessed
$1,229,200
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$122,400
Assessed improvement
$1,106,800
Land market value
$122,400
Improvement market value
$1,106,800
Total market value
$1,229,200
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
1982
Heating
YES
Cooling
YES
Stories
1
Units
12
Total area
17,637 SF
Lot
0.94 ac (40,800 SF)
Zoning code
LB1
APN
175-0207-110
UPID
US92-1108783
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB1 · Milwaukee, WI
Zoning LB1 · permitted uses
LB1 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1982
Heating
YES
Cooling
Yes
Stories
1
Units
12
Lot
0.94 ac
Current owner
From public records · entity-resolved
N&i Property Enterprise LLC
Entity
Mailing address
7845 W STONEWOOD DR, FRANKLIN, WI 53132-8837
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
$1,200,000
N&i Property Enterprise LLC
Ayesh Real Estate LLC
Warranty Deed
$720,000 · Lake Forest Bank & Trust Co NA
Sep 30, 2020
—
Ayesh Real Estate LLC
—
Deed
related
$1,600,000 · State Bk/chilton
Aug 23, 2016
—
Ayesh Real Estate LLC
—
Deed
related
$600,000 · State Bk/chilton
Jun 4, 2007
$1,325,000
Ayesh Real Estate LLC
76th Street Plaza LLC
Warranty Deed
$1,029,500 · Legacy Bank
—
—
76th Street Plaza LLC
—
Deed Of Trust
related
$1,375,000 · Associated Bk
—
—
Ayesh Real Estate LLC
—
Deed Of Trust
related
$600,000 · State Bk/chilton
—
—
Ayesh Real Estate LLC
—
Deed Of Trust
related
$1,600,000 · State Bk/chilton
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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