Property profile

819 Carpenter Ave Milwaukee, WI 53221

OFF-MARKET
Truck terminals
Property ID
US92-1247773
12,150 SF 3.35 ac lot Built 1965
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1965
Total area 12,150 SF
Lot 3.35 ac (145,926 SF)
Zoning code IL1
APN 625-9978-210
UPID US92-1247773

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
  • Trucking Company

Location

819 Carpenter Ave Milwaukee, WI 53221-3605
Milwaukee metro Census 21600 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.56M
CAP Approach CAP
by Request
Comparable Approach Comparable
$883k
Blend (final) Blend
$1.62M

Owner & transaction history

since 2021
Last sale
$1.2M
2 recorded transactions
2021
$1.2M
2006
$675,000

Zoning & alternative use

IL1 · Milwaukee, WI
Zoning description

(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 In…

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $1.7M +131.0%
Commercial (general) $1.3M +81.0%
Restaurant $1.2M +64.9%

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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