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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Strip malls
7311 Teutonia Ave 7321 Milwaukee, WI 53209-2005
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0822542
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Total area
8,303 SF
Lot
0.44 ac (19,270 SF)
Zoning code
LB1
APN
102-9941-114
UPID
US92-0822542
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
-
Check `n Go Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$524k
Blend (final)
Blend
$585k
Owner & transaction history
Ramahi 7311 LLC · 3 yrs held
Ramahi 7311 LLC
since 2022
Last sale
$550,000
6 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$855,000
+10.6%
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
$665,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$775,000
Current use
MEDICAL BUILDING
$855,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$720,000
Change: -7% · Conversion: Easy
OFFICE BUILDING
$660,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $550k (Oct 28 2022)
Last sale anchor
$550k
Oct 28 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
$70 / 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
$9,705
Tax year 2022
Assessed value
$407,600
Assessed 2022
Previous assessed
$407,600
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$58,000
Assessed improvement
$349,600
Land market value
$58,000
Improvement market value
$349,600
Total market value
$407,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1984
Heating
YES
Cooling
YES
Stories
1
Units
6
Total area
8,303 SF
Lot
0.44 ac (19,270 SF)
Zoning code
LB1
APN
102-9941-114
UPID
US92-0822542
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB1 · Milwaukee, WI
Zoning LB1 · permitted uses
LB1 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$775,000
MEDICAL BUILDING
Est. value
$855,000
COMMERCIAL (GENERAL)
Est. value
$720,000
OFFICE BUILDING
Est. value
$660,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
Cooling
Yes
Stories
1
Units
6
Lot
0.44 ac
Current owner
From public records · entity-resolved
Ramahi 7311 LLC
Entity
Mailing address
3501 W CAPITOL DR, MILWAUKEE, WI 53216-2548
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2022
$550,000
Ramahi 7311 LLC
Teutonia Square LLC
Special Warranty Deed
$412,500 · Spring Bank
Sep 8, 2021
—
Teutonia Square LLC
—
Deed
related
$300,000 · Sterling Federal Bank Fsb
Jul 6, 2015
$187,000
Teutonia Square LLC
Vfc Properties 10 LLC
Grant Deed
—
Jan 4, 2012
—
Vfc Properties 10 LLC
Esher Group LLC
Warranty Deed
—
Oct 19, 2007
$745,500
Esher Group LLC
William S Wiedner
Warranty Deed
$530,250 · Us Bank NA
—
—
Vfc Properties 10 LLC
—
Deed Of Trust
related
$208,710 · Vfc Partners 10 LLC
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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