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Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Parking lots & garages
734 Water St 746 Milwaukee, WI 53202-4201
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0870909
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1928
Total area
95,040 SF
Lot
0.28 ac (12,000 SF)
Zoning code
C9F(B)
APN
392-0697-000
UPID
US92-0870909
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
City Center Milwaukee Holdings LLC · 1 yrs held
City Center Milwaukee Holdings LLC
since 2024
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
C9F(B) · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,745,000
ML approach
$1,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.57M – $1.92M · ±10% · vs last sale $1.75M (Sep 4 2024)
Last sale anchor
$1.75M
Sep 4 2024
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
$18 / 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
$68,230
Tax year 2022
Assessed value
$2,865,600
Assessed 2022
Previous assessed
$2,865,600
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$840,000
Assessed improvement
$2,025,600
Land market value
$840,000
Improvement market value
$2,025,600
Total market value
$2,865,600
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1928
Heating
YES
Stories
8
Units
281
Rooms
250
Total area
95,040 SF
Lot
0.28 ac (12,000 SF)
Zoning code
C9F(B)
APN
392-0697-000
UPID
US92-0870909
Jurisdiction
MILWAUKEE
Zoning & alternative use
C9F(B) · Milwaukee, WI
Zoning C9F(B) · permitted uses
C9F(B) · 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.
Building & site characteristics
From public records
Year built
1928
Heating
YES
Stories
8
Units
281
Rooms
250
Lot
0.28 ac
Current owner
From public records · entity-resolved
City Center Milwaukee Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4501 STATE HWY 66, STEVENS POINT, WI 54482-8411
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 4, 2024
$1,746,100
City Center Milwaukee Holdings LLC
Compass Prop North Water Street LLC
Warranty Deed
—
Jan 31, 2011
—
Compass Props North Water Stre
—
Loan Modification
related
$18,529,999 · M&i Marshall & Ilsley Bk
Oct 14, 2010
—
Compass Props North Water Stre
—
Grant Deed
related
$6,000,000 · Redevelopment Authority/city/m
—
—
Compass Props North Water Stre
—
Deed Of Trust
related
$25,500,000 · German Am Cap
—
—
Compass Props North Water Stre
—
Loan Modification
related
$20,230,270 · Bmo Harris Bk NA
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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