5929 Lisbon Ave Milwaukee, WI 53210-2267
Property profile & analytics
5929 Lisbon Ave Milwaukee, WI 53210-2267
- Drug stores
- 15,160 SF
- 1.12 lot acres
Property ID
US92-3480086
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dollar General / Grocery & Convenience Store / Food Market
- UPS Access Point location / Courier Service / Postal Service
- MoneyGram / Bank / Credit Union
- LibertyX Bitcoin ATM / Atm
- CDReload - Online Bitcoin ATM / Atm / Crypto Atm
Property Details for 5929 Lisbon Ave
- Year built
- 1996
- Lot size
- 1.12 lot acres
- Property size
- 15,160 SF
- Zone code
- LB2
- Property type
- Drug stores
- APN
- 329-0312-100
- APU
- 3290312100
Description
This exceptional investment opportunity presents a 15,160 square foot retail property currently subleased to Dollar General, a credit-rated tenant with a corporate guarantee. Located at 5929 W Lisbon Ave, Milwaukee, WI 53210, this absolute NNN net lease boasts a strong remaining lease term of 7.2 years (expiring 01/31/2032), generating a substantial NOI of $216,200 and a 7.25% cap rate. The property, built in 1996 and situated on a 1.12-acre lot, benefits from high visibility and accessibility along major traffic arteries, with combined daily traffic counts exceeding 32,900 vehicles. The strategic location, less than four miles from downtown Milwaukee, is surrounded by a densely populated area, boasting over 194,000 residents within a three-mile radius and over 482,000 within five miles. Proximity to the Milwaukee Regional Medical Center further enhances the property's value. The asking price is $2,982,066, translating to $196.71 per square foot. National retailers such as PNC Bank, Burger King, and Family Dollar are located nearby, solidifying the area's strong retail presence. This is a rare opportunity to acquire a stable, high-performing retail investment with a long-term lease and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,128,000
- AI Estimate
- $1,897,000
Market price range: $427k - $1.13MMarket price range: $598k - $1.90M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,140,000
- RESTAURANT
- $1,930,000
- AUTO REPAIR, GARAGE
- $1,810,000
- MEDICAL BUILDING
- $1,560,000
- NEIGHBORHOOD: SHOPPING CENTER
- $1,410,000
- OFFICE BUILDING
- $1,200,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.987
- Latitude
- 43.0675
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$42,527
$352,900
$1,433,200
$1,786,100
-
$352,900
$1,433,200
$1,786,100
