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Property profile & analytics
FOR LEASE
Strip malls

6204 W Silver Spring Dr Milwaukee, WI 53218

8,357 SF 0.44 ac lot Built 1984
Entity Owned 7-yr Hold Free & Clear
Property ID
US92-0628012
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 8,357 SF
Lot 0.44 ac (19,367 SF)
Zoning code LB1
APN 174-9995-100
UPID US92-0628012
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
  • Tasty Foods Food Market Restaurant
  • Asian Market Grocery Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store
  • Wecare 1 Pharmacy Pharmacy
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
Hmw Properties LLC · 7 yrs held
Hmw Properties LLC
since 2019
2 recorded transactions
2019
$375,000
2005
$310,000
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities are of major significance. Good access by motor vehicle or public transit is important to local business districts, which are often located ad…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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