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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Warehouses
607 6th St Milwaukee, WI 53204-1525
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0131284
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1906
Total area
14,704 SF
Lot
0.23 ac (9,927 SF)
Zoning code
IM
APN
427-0509-100
UPID
US92-0131284
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
-
Stewart Cabinets General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$751k
Blend (final)
Blend
$1.07M
Owner & transaction history
6thwoodshoop LLC · 1 yrs held
6thwoodshoop LLC
since 2025
Last sale
$1.3M
1 recorded transaction
Zoning & alternative use
IM · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+120.9%
Apartment house (5+ units)
$1.6M
+99.7%
Medical building
$1.5M
+90.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$795,000
Current use
AUTO REPAIR, GARAGE
$1,755,000
Change: +121% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,585,000
Change: +100% · Conversion: Difficult
MEDICAL BUILDING
$1,515,000
Change: +91% · Conversion: Difficult
RESTAURANT
$1,445,000
Change: +82% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,370,000
Change: +72% · Conversion: Moderate
OFFICE BUILDING
$1,165,000
Change: +47% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10% · vs last sale $1.25M (Feb 13 2025)
Last sale anchor
$1.25M
Feb 13 2025
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
$72 / 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
$10,722
Tax year 2022
Assessed value
$450,300
Assessed 2022
Previous assessed
$450,300
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$79,400
Assessed improvement
$370,900
Land market value
$79,400
Improvement market value
$370,900
Total market value
$450,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1906
Heating
YES
Stories
2
Units
4
Total area
14,704 SF
Lot
0.23 ac (9,927 SF)
Zoning code
IM
APN
427-0509-100
UPID
US92-0131284
Jurisdiction
MILWAUKEE
Zoning & alternative use
IM · Milwaukee, WI
Zoning IM · permitted uses
IM · 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
WAREHOUSE, STORAGE Current
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1906
Heating
YES
Stories
2
Units
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
6thwoodshoop LLC
Entity
Mailing address
10330 N GRASSLYN RD, MEQUON, WI 53092-5413
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2025
$1,250,000
6thwoodshoop LLC
James Gaudynski
Warranty Deed
$2,336,400 · Nicolet National Bank
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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