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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Turn key restaurants
728 Brady St, Milwaukee, WI 53202-1509
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US92-0317994
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Total area
3,303 SF
Lot
0.21 ac (9,000 SF)
Zoning code
LB2
APN
354-0755-100
UPID
US92-0317994
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
-
Casablanca Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$699k
Blend (final)
Blend
$575k
Owner & transaction history
Aim Investments LLC · 14 yrs held
Aim Investments LLC
since 2012
7 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$430,000
+2.6%
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
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$420,000
Current use
COMMERCIAL (GENERAL)
$430,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$395,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$174 / 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
$32,729
Tax year 2022
Assessed value
$1,374,600
Assessed 2022
Previous assessed
$1,374,600
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$207,000
Assessed improvement
$1,167,600
Land market value
$207,000
Improvement market value
$1,167,600
Total market value
$1,374,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1956
Heating
YES
Cooling
YES
Stories
2
Units
2
Total area
3,303 SF
Lot
0.21 ac (9,000 SF)
Zoning code
LB2
APN
354-0755-100
UPID
US92-0317994
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · 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 Current
Est. value
$420,000
COMMERCIAL (GENERAL)
Est. value
$430,000
AUTO REPAIR, GARAGE
Est. value
$395,000
RESTAURANT Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1956
Heating
YES
Cooling
Yes
Stories
2
Units
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Aim Investments LLC
Entity
Mailing address
728 E BRADY ST, MILWAUKEE, WI 53202-1509
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2019
—
Aim Investments LLC
—
Deed
related
$2,200,000 · Peoples State Bank
Nov 9, 2017
—
Aim Iinvemntes LLC
—
Deed
related
$175,000 · Peoples State Bank
Feb 8, 2017
—
Aim Investments LLC
—
Deed
related
$796,973 · Peoples State Bank
Jun 9, 2015
—
Aim Investments LLC
—
Deed Of Trust
related
$200,000 · Tri Cty Nat'l Bk
Apr 5, 2012
—
Aim Investments LLC
Amb Enterprises INC
Warranty Deed
$1,650,000 · Mid America Bank
Nov 24, 2009
$82,500
Aim Investments LLC
Amb Ents INC
Grant Deed
—
—
—
Aim Investments LLC
—
Deed Of Trust
related
$1,600,000 · Tri Cty Nat'l 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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