Technical
Financial
Distress signals
Property profile

7401 Good Hope Rd Milwaukee, WI 53223

OFF-MARKET
Grocery and convenience stores
Property ID
US92-1803495
104,365 SF 9.85 ac lot Built 2005
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2005
Total area 104,365 SF
Lot 9.85 ac (429,110 SF)
Zoning code PD
APN 119-0061-000
UPID US92-1803495

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cinema (Bike/Boat/Book/etc) Store
  • Electronics Vending Machine
  • Electronics Vending Machine
  • Check Cashing
  • Bank Credit Union

Location

7401 Good Hope Rd Milwaukee, WI 53223-4618
Milwaukee metro Census 600 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$11.40M
CAP Approach CAP
$16.84M
Comparable Approach Comparable
$18.35M
Blend (final) Blend
$18.80M

Owner & transaction history

since 2022
Last sale
$20.0M
2 recorded transactions
2022
$20.0M
2021
$1.1M

Zoning & alternative use

PD · Milwaukee, WI
Zoning description

295-907. Planned Development District (PD/DPD). 1. PURPOSES. The planned development district is intended to: a. Allow flexibility in land development. b. Promote creativity, variety and environmental sensitivity. c. Enc…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Restaurant $13.3M +18.2%
Auto repair, garage $12.5M +10.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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