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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Turn key restaurants
7718 7720th W Burleigh St Milwaukee, WI 53222
Entity Owned
6-yr Hold
Property ID
US92-0571957
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1954
Total area
15,763 SF
Lot
0.37 ac (16,122 SF)
Zoning code
NS2
APN
292-0459-110
UPID
US92-0571957
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
-
New Beginnings Adult Learning Center Medical School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.06M
Owner & transaction history
Home At Heart Properties Co · 6 yrs held
Home At Heart Properties Co
since 2019
5 recorded transactions
Zoning & alternative use
NS2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,695,000
Change: -15% · Conversion: Easy
MEDICAL BUILDING
$1,625,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±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
$67 / 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
$6,738
Tax year 2022
Assessed value
$283,000
Assessed 2022
Previous assessed
$283,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$56,700
Assessed improvement
$226,300
Land market value
$56,700
Improvement market value
$226,300
Total market value
$283,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1954
Heating
YES
Cooling
YES
Stories
2
Units
3
Total area
15,763 SF
Lot
0.37 ac (16,122 SF)
Zoning code
NS2
APN
292-0459-110
UPID
US92-0571957
Jurisdiction
MILWAUKEE
Zoning & alternative use
NS2 · Milwaukee, WI
Zoning NS2 · permitted uses
NS2 · 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
RETAIL STORES
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
MEDICAL 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
1954
Heating
YES
Cooling
Yes
Stories
2
Units
3
Lot
0.37 ac
Current owner
From public records · entity-resolved
Home At Heart Properties Co
Entity
Mailing address
7718 W BURLEIGH ST, MILWAUKEE, WI 53222-5004
Ownership since
2019
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
Aug 22, 2019
$283,000
Home At Heart Properties Co
Home At Heart LLC
Quit Claim Deed
related
—
Mar 22, 2018
—
Home At Heart LLC
—
Deed
related
$120,000 · Town Bank
Oct 19, 2017
$170,000
Home At Heart LLC
Musleh Heba
Warranty Deed
—
Mar 23, 2017
$250,000
Musleh Heba
Lsref2 Cobalt Wi LLC
Grant Deed
—
May 18, 2016
$461,496
Lsref2 Cobalt Wi LLC
Inspector Of Milwaukee County|pipito,anthony R
Foreclosure
—
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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