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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Truck terminals
6650 Industrial Rd, Milwaukee, WI 53223-5814
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0027835
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1991
Total area
7,000 SF
Lot
3.95 ac (172,106 SF)
Zoning code
IL1
APN
140-0292-000
UPID
US92-0027835
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
-
Natural Athletic Turf LLC Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Hot-Line Freight System Inc Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$473k
Blend (final)
Blend
$745k
Owner & transaction history
Tforce Properties INC · 3 yrs held
Tforce Properties INC
since 2023
Last sale
$700,000
4 recorded transactions
Zoning & alternative use
IL1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$890,000
+115.2%
Restaurant
$740,000
+78.8%
Medical building
$540,000
+30.4%
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
$915,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$890,000
Change: +115% · Conversion: Difficult
RESTAURANT
$740,000
Change: +79% · Conversion: Difficult
MEDICAL BUILDING
$540,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$475,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $700k (Mar 24 2023)
Last sale anchor
$700k
Mar 24 2023
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
$106 / 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
$15,229
Tax year 2022
Assessed value
$639,600
Assessed 2022
Previous assessed
$639,600
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$197,600
Assessed improvement
$442,000
Land market value
$197,600
Improvement market value
$442,000
Total market value
$639,600
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1991
Heating
YES
Stories
1
Units
1
Total area
7,000 SF
Lot
3.95 ac (172,106 SF)
Zoning code
IL1
APN
140-0292-000
UPID
US92-0027835
Jurisdiction
MILWAUKEE
Zoning & alternative use
IL1 · Milwaukee, WI
Zoning IL1 · permitted uses
IL1 · 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
AUTO REPAIR, GARAGE
Est. value
$890,000
RESTAURANT
Est. value
$740,000
MEDICAL BUILDING
Est. value
$540,000
COMMERCIAL (GENERAL)
Est. value
$475,000
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
1991
Heating
YES
Stories
1
Units
1
Lot
3.95 ac
Current owner
From public records · entity-resolved
Tforce Properties INC
Entity
Mailing address
8801 TRANS CANADA HWY 500TH SAINT LAURENT QUEBEC 4TH 1Z6
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2023
$700,000
Tforce Properties INC
Rdp Investments LLC
Warranty Deed
—
Jan 24, 2017
$600,000
Rdp Investments LLC
Hot Line Truckload Services LLC
Warranty Deed
$6,000,000 · First Citizens Bank
Feb 8, 2006
$525,000
Hot Line Truckload Services LLC
Clyde W Jenkins
Warranty Deed
$471,126 · The Reedsburg Bank
—
—
Hot-line Truckload Svcs LLC
—
Loan Modification
related
$1,000,000 · American Tr & Svgs Bk
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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