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Property profile & analytics
OFF-MARKET
Estimated value
$6,480,000
Office buildings
635 26th St Milwaukee, WI 53233-1803
Entity Owned
13-yr Hold
Free & Clear
Property ID
US92-0788440
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
70,555 SF
Lot
2.42 ac (105,241 SF)
Zoning code
RO2
APN
400-0011-110
UPID
US92-0788440
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
-
Bureau of Milwaukee Child Welfare Department Of Social Services
-
Department of Children & Families Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.67M
Blend (final)
Blend
$6.48M
Owner & transaction history
Wis27 LLC · 13 yrs held
Wis27 LLC
since 2012
3 recorded transactions
Zoning & alternative use
RO2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.0M
+60.5%
Auto repair, garage
$8.4M
+50.6%
Retail stores
$7.6M
+35.8%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,590,000
Current use
RESTAURANT
$8,970,000
Change: +61% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,415,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$7,590,000
Change: +36% · Conversion: Moderate
MEDICAL BUILDING
$7,265,000
Change: +30% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,565,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,120,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$6.48M
Range $5.83M – $7.13M · ±10%
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
$92 / 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
$196,909
Tax year 2022
Assessed value
$8,270,000
Assessed 2022
Previous assessed
$8,270,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$421,000
Assessed improvement
$7,849,000
Land market value
$421,000
Improvement market value
$7,849,000
Total market value
$8,270,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Heating
NONE
Cooling
YES
Stories
2
Units
177
Total area
70,555 SF
Lot
2.42 ac (105,241 SF)
Zoning code
RO2
APN
400-0011-110
UPID
US92-0788440
Jurisdiction
MILWAUKEE
Zoning & alternative use
RO2 · Milwaukee, WI
Zoning RO2 · permitted uses
RO2 · 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
OFFICE BUILDING Current
Est. value
$5.6M
RESTAURANT
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$8.4M
RETAIL STORES
Est. value
$7.6M
MEDICAL BUILDING
Est. value
$7.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.6M
COMMERCIAL (GENERAL)
Est. value
$6.1M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2013
Heating
NONE
Cooling
Yes
Stories
2
Units
177
Lot
2.42 ac
Current owner
From public records · entity-resolved
Wis27 LLC
Entity
Free & Clear · 13 yrs held
Mailing address
1200 N MAYFAIR RD STE #310, MILWAUKEE, WI 53226-3288
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2013
—
Wis27 LLC
—
Deed Of Trust
related
$4,883,650 · Bh New Markets Sub-cde I LLC
Nov 23, 2012
—
Wis27 LLC
Redevelopment Authority
Quit Claim Deed
related
—
Oct 31, 2012
—
Wis27 LLC
Redevelopment Authority Of City/m
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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