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Property profile

7919 N 76Th St Milwaukee, WI 53223

Strip malls
Property ID
US92-3498487
View Sample
19,323 SF 1.42 ac lot Built 1985
Entity Owned 6-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This single-story, 19,839 square foot Class B commercial building, located at 7919 N 76th St, Milwaukee, WI 53223, offers seven suites in a vibrant, multi-tenant complex. Built in 1985, the property sits on a 1.42-acre lot and boasts 68 parking spaces. Its prime location at the intersection of N. 76th Street and W. Bradley Road provides exceptional visibility and accessibility, with over 26,000 vehicles passing daily. Conveniently situated near major highways I-41, I-43, and Hwy 100, it's approximately 15 miles northwest of downtown Milwaukee. The property is zoned commercial (APN: 0819999120) and has a tax cost of $2.20 per square foot. Current tenants include State Farm, Falling Into Loving Arms Child Care, and Convergence Resource Center. The property is also available for purchase at $2,000,000.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 19,323 SF
Lot 1.42 ac (61,855 SF)
Zoning code LB1
APN 081-9999-120
UPID US92-3498487

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
  • Insurance Agency
  • Shopping Center & Mall

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
$718k
Blend (final) Blend
$690k

Owner & transaction history

since 2020
Last sale
$700,000
7 recorded transactions
2020
$1.2M
2018
$700,000
2017
Price N/A
2014
$290,000
2014
$368,500
2009
Price N/A
2004
$1.5M

Zoning & alternative use

LB1 · Milwaukee, WI
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities ar…

General category COMMERCIAL

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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