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Property profile & analytics
OFF-MARKET
Estimated value
$14,000,000
Office buildings
710 Virginia St Milwaukee, WI 53204
Entity Owned
7-yr Hold
Free & Clear
Property ID
US92-0404245
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1891
Total area
152,443 SF
Lot
2.09 ac (91,040 SF)
Zoning code
IM
APN
427-0551-000
UPID
US92-0404245
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.74M
Blend (final)
Blend
$14.00M
Owner & transaction history
Mke Atlas Timbers LLC · 7 yrs held
Mke Atlas Timbers LLC
since 2018
7 recorded transactions
Zoning & alternative use
IM · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$18.2M
+50.6%
Apartment house (5+ units)
$16.4M
+36.1%
Medical building
$15.7M
+29.9%
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
$12,080,000
Current use
AUTO REPAIR, GARAGE
$18,185,000
Change: +51% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$16,440,000
Change: +36% · Conversion: Easy
MEDICAL BUILDING
$15,690,000
Change: +30% · Conversion: Easy
RESTAURANT
$14,965,000
Change: +24% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$14,185,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$14.00M
Range $12.60M – $15.40M · ±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
$289,199
Tax year 2022
Assessed value
$12,810,000
Assessed 2022
Previous assessed
$12,810,000
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$455,200
Assessed improvement
$12,354,800
Land market value
$455,200
Improvement market value
$12,354,800
Total market value
$12,810,000
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
1891
Heating
NONE
Stories
7
Units
35
Total area
152,443 SF
Lot
2.09 ac (91,040 SF)
Zoning code
IM
APN
427-0551-000
UPID
US92-0404245
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
OFFICE BUILDING Current
Est. value
$12.1M
AUTO REPAIR, GARAGE
Est. value
$18.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.4M
MEDICAL BUILDING
Est. value
$15.7M
RESTAURANT
Est. value
$15.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1891
Heating
NONE
Stories
7
Units
35
Lot
2.09 ac
Current owner
From public records · entity-resolved
Mke Atlas Timbers LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1200 NN BR ST #200, CHICAGO, IL 60642-2701
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
Wireless Propco LLC
—
Deed
related
$200,000,000 · Wilmington Trust NA
Oct 8, 2018
$14,157,200
Mke Atlas Timbers LLC
Tannery Main LLC
Special Warranty Deed
—
Jun 29, 2016
—
Tannery Main LLC
—
Deed
related
$9,225,000 · State Bk/cross Plains
May 11, 2016
—
Tannery Main LLC
—
Deed Of Trust
related
$900,000 · State Bk/cross Plains
Oct 9, 2015
—
Tannery Main LLC
—
Deed Of Trust
related
$900,000 · State Bk/cross Plains
Nov 3, 2014
$9,457,400
Tannery Main LLC
Lcm Funds 20 LLC
Special Warranty Deed
$13,275 · State Bank Of Cross Plains
Aug 17, 2010
—
Lcm Funds 20 LLC
Atlas Dev Corp
Warranty Deed
—
—
—
Lcm Funds 20 LLC
—
Deed Of Trust
related
$8,299,500 · Community Bk
—
—
Lcm Funds 20 LLC
—
Deed Of Trust
related
—
—
—
Lcm Funds 20 LLC
—
Deed Of Trust
related
—
—
—
Tannery Main LLC
—
Deed Of Trust
related
$9,225,000 · State Bk/cross Plains
—
—
Lcm Funds 20 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.
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