New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,325,000
Hotels
6425 13th St, Milwaukee, WI 53221
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0836735
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1973
Total area
131,846 SF
Lot
8.81 ac (383,633 SF)
Zoning code
LB1
APN
716-0441-000
UPID
US92-0836735
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.33M
Owner & transaction history
Vasu Hospitality LLC · 1 yrs held
Vasu Hospitality LLC
since 2025
Last sale
$8.1M
2 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.9M
+267.8%
Auto repair, garage
$12.1M
+244.2%
Medical building
$10.2M
+190.7%
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
$8,750,000
ML approach
$8,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$12,880,000
Change: +268% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,050,000
Change: +244% · Conversion: Difficult
MEDICAL BUILDING
$10,180,000
Change: +191% · Conversion: Difficult
RETAIL STORES
$7,395,000
Change: +111% · Conversion: Difficult
OFFICE BUILDING
$7,100,000
Change: +103% · Conversion: Difficult
Blend value · Realmo final
$8.33M
Range $7.49M – $9.16M · ±10% · vs last sale $8.10M (Apr 7 2025)
Last sale anchor
$8.10M
Apr 7 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
$63 / 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
$171,230
Tax year 2022
Assessed value
$7,191,500
Assessed 2022
Previous assessed
$7,191,500
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$1,321,100
Assessed improvement
$5,870,400
Land market value
$1,321,100
Improvement market value
$5,870,400
Total market value
$7,191,500
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1973
Heating
NONE
Cooling
YES
Stories
5
Units
195
Total area
131,846 SF
Lot
8.81 ac (383,633 SF)
Zoning code
LB1
APN
716-0441-000
UPID
US92-0836735
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
RESTAURANT
Est. value
$12.9M
AUTO REPAIR, GARAGE
Est. value
$12.1M
MEDICAL BUILDING
Est. value
$10.2M
RETAIL STORES
Est. value
$7.4M
OFFICE BUILDING
Est. value
$7.1M
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1973
Heating
NONE
Cooling
Yes
Stories
5
Units
195
Lot
8.81 ac
Current owner
From public records · entity-resolved
Vasu Hospitality LLC
Entity
Mailing address
6401 S 13TH ST, MILWAUKEE, WI 53221-5246
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2025
$8,100,000
Vasu Hospitality LLC
Indus Hotels LLC
Special Warranty Deed
$5,670,000 · Indus Hotels LLC
—
—
Indus Hotels LLC
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6425 13th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
