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Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Investment properties
815 Brady St 821 Milwaukee, WI 53202-1510
Entity Owned
6-yr Hold
Property ID
US92-0797873
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Total area
9,000 SF
Lot
0.08 ac (3,600 SF)
Zoning code
LB2
APN
360-0312-000
UPID
US92-0797873
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
-
The Diplomat Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.32M
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.32M
Owner & transaction history
Make A Fort LLC · 6 yrs held
Make A Fort LLC
since 2020
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.6M
+40.2%
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
$1,305,000
ML approach
$1,315,000
CAP Approach
CAP Return
Estimation
6%
$1,830,000
6.5%
$1,690,000
7%
$1,570,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,175,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,645,000
Change: +40% · Conversion: Moderate
RESTAURANT
$1,145,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,075,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±10% · vs last sale $1.33M (Feb 20 2020)
Last sale anchor
$1.33M
Feb 20 2020
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
$146 / 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
$29,439
Tax year 2022
Assessed value
$1,236,400
Assessed 2022
Previous assessed
$1,236,400
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$90,000
Assessed improvement
$1,146,400
Land market value
$90,000
Improvement market value
$1,146,400
Total market value
$1,236,400
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1928
Heating
YES
Cooling
YES
Stories
3
Units
7
Total area
9,000 SF
Lot
0.08 ac (3,600 SF)
Zoning code
LB2
APN
360-0312-000
UPID
US92-0797873
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
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
1928
Heating
YES
Cooling
Yes
Stories
3
Units
7
Lot
0.08 ac
Current owner
From public records · entity-resolved
Make A Fort LLC
Entity
Mailing address
815 E BRADY ST, MILWAUKEE, WI 53202-1510
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2020
—
Make A Fort LLC
—
Deed
related
$667,500 · State Bk/chilton
Mar 17, 2020
—
Make A Fort LLC
—
Deed
related
$551,000 · Private Individual
Feb 20, 2020
$1,325,000
Make A Fort LLC
817 East Brady Street LLC
Grant Deed
$667,500 · State Bk/chilton
Jun 29, 2016
—
817 East Brady Street LLC
Green Investments LLC
Warranty Deed
$1,250,000 · Cornerstone Community Bank
May 3, 2016
$850,000
817 East Brady Street LLC
Green Investments LLC
Land Contract
—
Apr 14, 2014
$675,000
Green Investments LLC
Gold Mil Marshall Holdings LLC
Quit Claim Deed
related
$525,000 · Tri City National Bank
Nov 11, 2013
$650,000
Gold Mil Marshall Holdings LLC
Inspector Of Milwaukee County|815 East Brady Stree
Foreclosure
related
—
—
—
Make A Fort LLC
—
Deed Of Trust
related
$667,500 · State Bk/chilton
—
—
Make A Fort LLC
—
Deed Of Trust
related
$551,000 · Private Individual
—
—
815 East Brady Street LLC
—
Loan Modification
related
$775,000 · M&i Marshall & Ilsley Bk
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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