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Property profile & analytics
OFF-MARKET
Estimated value
$2,510,000
Strip malls
7335 Good Hope Rd Milwaukee, WI 53223-4628
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-0322086
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
8,863 SF
Lot
0.86 ac (37,497 SF)
Zoning code
PD
APN
119-0053-000
UPID
US92-0322086
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
-
Wingstop Restaurant
-
Subway Restaurant Take-out & Catering
-
Thighstop Restaurant
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.94M
CAP Approach
CAP
$1.68M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.51M
Owner & transaction history
1020 Cypress Creek Parkway LLP · 4 yrs held
1020 Cypress Creek Parkway LLP
since 2022
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
PD · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.0M
+260.0%
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
$2,990,000
ML approach
$2,940,000
CAP Approach
CAP Return
Estimation
6%
$1,810,000
6.5%
$1,675,000
7%
$1,555,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,970,000
Change: +260% · Conversion: Difficult
Blend value · Realmo final
$2.51M
Range $2.26M – $2.76M · ±10% · vs last sale $2.47M (Jun 6 2022)
Last sale anchor
$2.47M
Jun 6 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
$283 / 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
$46,406
Tax year 2022
Assessed value
$1,949,000
Assessed 2022
Previous assessed
$1,949,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$225,000
Assessed improvement
$1,724,000
Land market value
$225,000
Improvement market value
$1,724,000
Total market value
$1,949,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
YES
Stories
1
Units
6
Total area
8,863 SF
Lot
0.86 ac (37,497 SF)
Zoning code
PD
APN
119-0053-000
UPID
US92-0322086
Jurisdiction
MILWAUKEE
Zoning & alternative use
PD · Milwaukee, WI
Zoning PD · permitted uses
PD · 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
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
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
2006
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Lot
0.86 ac
Current owner
From public records · entity-resolved
1020 Cypress Creek Parkway LLP
Entity
Mailing address
16531 BOLSA CHICA ST #30, HUNTINGTON BEACH, CA 92649-5303
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
Dec 26, 2025
—
1020 Cypress Creek Parkway Lllp
—
Deed
related
$30,000,000 · Wells Fargo Bank NA
Jun 6, 2022
$2,470,000
1020 Cypress Creek Parkway LLP
Vcp Good Hope LLC
Special Warranty Deed
$1,500,000 · Reel Sense LLC
Sep 23, 2013
$1,917,300
Vcp Good Hope LLC
Wdrr LLC
Special Warranty Deed
—
Apr 5, 2012
$1,100,000
Wdrr LLC
Equity Trust Company
Special Warranty Deed
$1,166,000 · Associated Bank NA
Jan 4, 2012
$900,000
Wangard,stewart M
Spectrum 76th & Gh LLC
Warranty Deed
—
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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