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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office buildings
7120 Good Hope Rd Milwaukee, WI 53223-4611
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-1107920
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
5,345 SF
Lot
0.53 ac (23,058 SF)
Zoning code
CS
APN
106-0052-000
UPID
US92-1107920
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
-
MongTeng Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$456k
Blend (final)
Blend
$615k
Owner & transaction history
Golden Eagle Food LLC · 3 yrs held
Golden Eagle Food LLC
since 2022
Last sale
$590,000
5 recorded transactions
Zoning & alternative use
CS · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$680,000
+60.5%
Auto repair, garage
$640,000
+50.6%
Retail stores
$575,000
+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
$715,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$425,000
Current use
RESTAURANT
$680,000
Change: +61% · Conversion: Moderate
AUTO REPAIR, GARAGE
$640,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$575,000
Change: +36% · Conversion: Moderate
MEDICAL BUILDING
$550,000
Change: +30% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$495,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$465,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $590k (Jul 26 2022)
Last sale anchor
$590k
Jul 26 2022
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
$115 / 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
$8,400
Tax year 2022
Assessed value
$352,800
Assessed 2022
Previous assessed
$352,800
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$74,900
Assessed improvement
$277,900
Land market value
$74,900
Improvement market value
$277,900
Total market value
$352,800
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
1984
Heating
YES
Stories
1
Units
1
Total area
5,345 SF
Lot
0.53 ac (23,058 SF)
Zoning code
CS
APN
106-0052-000
UPID
US92-1107920
Jurisdiction
MILWAUKEE
Zoning & alternative use
CS · Milwaukee, WI
Zoning CS · permitted uses
CS · 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
$425,000
RESTAURANT
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$640,000
RETAIL STORES
Est. value
$575,000
MEDICAL BUILDING
Est. value
$550,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$495,000
COMMERCIAL (GENERAL)
Est. value
$465,000
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
1984
Heating
YES
Stories
1
Units
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Golden Eagle Food LLC
Entity
Mailing address
5620 S 25TH ST, MILWAUKEE, WI 53221-4220
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2022
$590,000
Golden Eagle Food LLC
Three Stooges LLC
Warranty Deed
$700,000 · Waterstone Bank Ssb
Mar 4, 2021
—
Three Stooges LLC
—
Deed
related
$358,000 · Commerce State Bank
Jul 25, 2016
$345,000
Three Stooges LLC
7120 W Good Hope Road LLC
Warranty Deed
$320,000 · Commerce State Bank
Oct 3, 2013
—
7120 W Good Hope Road LLC
Florence P Sennett
Warranty Deed
—
Sep 12, 2013
—
Sennett,florence P Trust
Sennett L W & F P 2009 Trust
Quit Claim Deed
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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