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Property profile & analytics
OFF-MARKET Estimated value $2,175,000
Drug stores

7171 Teutonia Ave 7181 Milwaukee, WI 53209-2319

20,870 SF 1.8 ac lot Built 1961
Individually Owned 9-yr Hold Free & Clear
Property ID
US92-0286260
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1961
Total area 20,870 SF
Lot 1.8 ac (78,408 SF)
Zoning code LB1
APN 123-0328-100
UPID US92-0286260
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
  • Robin L. Berk, PharmD Pharmacy
  • COVID-19 Drive-Thru Testing at Walgreens Pharmacy
  • Walgreens Pharmacy
  • Walgreens Pharmacy Pharmacy
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$2.18M
Owner & transaction history
Daniel G Kamin N Teutonia Ave · 9 yrs held
Daniel G Kamin N Teutonia Ave
since 2017
4 recorded transactions
2017
$1.5M
2017
Price N/A
2017
Price N/A
2011
$610,000
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities are of major significance. Good access by motor vehicle or public transit is important to local business districts, which are often located ad…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Apartment house (5+ units) $2.7M +146.6%
Restaurant $2.7M +140.7%
Auto repair, garage $2.5M +125.7%
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