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Property profile & analytics
OFF-MARKET
Estimated value
$14,680,000
Office buildings
7800 113th St Milwaukee, WI 53224-3136
Entity Owned
5-yr Hold
Free & Clear
Property ID
US92-0750260
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1991
Total area
80,793 SF
Lot
6.2 ac (270,072 SF)
Zoning code
PD
APN
077-0103-000
UPID
US92-0750260
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
-
Aurora Park Place Hospital
-
Kohl's Corporate Corporate Office
-
Park Place Medical Clinic
-
Liberty Property Trust Real Estate Agency
-
PP Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.64M
CAP Approach
CAP
$15.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.68M
Owner & transaction history
Milwaukee Lexington Properties LLC · 5 yrs held
Milwaukee Lexington Properties LLC
since 2021
Last sale
$19.7M
4 recorded transactions
Zoning & alternative use
PD · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.4M
+63.2%
Restaurant
$10.3M
+60.5%
Auto repair, garage
$9.6M
+50.6%
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
by Request
ML approach
$12,640,000
CAP Approach
CAP Return
Estimation
6%
$16,425,000
6.5%
$15,160,000
7%
$14,075,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$10,445,000
Change: +63% · Conversion: Easy
RESTAURANT
$10,275,000
Change: +61% · Conversion: Moderate
AUTO REPAIR, GARAGE
$9,635,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$14.68M
Range $13.21M – $16.15M · ±10% · vs last sale $19.70M (May 10 2021)
Last sale anchor
$19.70M
May 10 2021
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
$182 / 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
$133,357
Tax year 2022
Assessed value
$5,600,900
Assessed 2022
Previous assessed
$5,600,900
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$680,600
Assessed improvement
$4,920,300
Land market value
$680,600
Improvement market value
$4,920,300
Total market value
$5,600,900
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1991
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
80,793 SF
Lot
6.2 ac (270,072 SF)
Zoning code
PD
APN
077-0103-000
UPID
US92-0750260
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
$10.4M
RESTAURANT
Est. value
$10.3M
AUTO REPAIR, GARAGE
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
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
1991
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
6.2 ac
Current owner
From public records · entity-resolved
Milwaukee Lexington Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
9100 WILSHIRE BLVD STE 360E, BEVERLY HILLS, CA 90212-3409
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2021
$19,700,000
Milwaukee Lexington Properties LLC
Mike Aurora Dcent Equities LLC
Special Warranty Deed
—
Feb 22, 2019
$18,050,000
Mke Aurora Dent Equities LLC
Lsop Wi LLC
Grant Deed
related
$14,650,000 · Barclays Cap R/e
Apr 6, 2012
—
Lsop Wi LLC
—
Grant Deed
related
$46,700,000 · Miscellaneous Ins Co
Apr 5, 2012
$44,989,000
Lsop Wi LLC
Liberty Property LP
Grant 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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