Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8219 Bradley Rd Milwaukee, WI 53223-3235

    • Manufacturing properties
    • 12,800 SF
    • 1.58 lot acres
    OFF-MARKET
    Last Sale
    Oct 17, 2022
    $820,000
    Value Estimations
    $970,000
    Show details
    Cap Rate Potential
    4.7%
    Manufacturing properties
    Location Intelligence
    Property ID
    US92-0114741
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BioCut Systems / Engineer / Manufacturer
    • Steel Products / Welder
    • Orthogennix / Surgeon / Surgical Center

    Property Details for 8219 Bradley Rd

    Year built
    1980
    Lot size
    1.58 lot acres
    Property size
    12,800 SF
    Zone code
    IL1
    Property type
    Manufacturing properties
    APN
    081-0202-100
    APU
    810202100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $990,000
      ML approach
      $935,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $775,000
      6.5%
      $715,000
      7%
      $665,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,104,000
      Market price range: $337k - $1.10M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $695,000
      Current use
      RESTAURANT
      $1,630,000
      Change: +134% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,525,000
      Change: +119% Conversion: Easy
      RETAIL STORES
      $1,375,000
      Change: +98% Conversion: Moderate
      MEDICAL BUILDING
      $1,320,000
      Change: +89% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,190,000
      Change: +71% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,110,000
      Change: +59% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0129
    Latitude
    43.1627
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $15,824
    $96,600
    $558,000
    $654,600
    -
    $96,600
    $558,000
    $654,600

    Comparable in this City

    • Value Estimation
      $1,380,000
      88,760 SF

      7025 Marcia Rd

      FACTORY (MANUFACTURING) • 88,760 SF
      7025 Marcia Rd, Milwaukee, WI 53223-3359
      View Details
    • Value Estimation
      $1,380,000
      4.27 Acres

      8050 Granville Woods Rd

      HEAVY MANUFACTURING • 4.27 Acres
      8050 Granville Woods Rd, Milwaukee, WI 53223-3365
      View Details
    • Value Estimation
      $820,000
      43,928 SF

      5656 Clinton Ave

      HEAVY MANUFACTURING • 43,928 SF
      5656 Clinton Ave, Milwaukee, WI 53223-4725
      View Details
    • Value Estimation
      $390,000
      2.14 Acres

      5321 Clinton Ave

      FACTORY (MANUFACTURING) • 2.14 Acres
      5321 Clinton Ave, Milwaukee, WI 53223
      View Details
    • Value Estimation
      $10,475,000
      170,297 SF

      7000 Calumet Rd

      FOUNDRY, INDUSTRIAL PLANT • 170,297 SF
      7000 Calumet Rd, Milwaukee, WI 53223
      View Details
    • Value Estimation by Request
      137,810 SF

      7777 73rd St

      HEAVY MANUFACTURING • 137,810 SF
      7777 73rd St, Milwaukee, WI 53223-4021
      View Details

    Similar Nearby for Sale

    • $3,600,000
      55,606 SF

      Milwaukee Industrial Facility For Sale

      Industrial facility with excellent access to major highways.
      7075 W Parkland Ct, Milwaukee, WI 53223
      View Details
    • $1,025,000
      12,768 SF

      Warehouse for Sale: Brown Deer, WI

      12,768 SF Warehouse - $1,025,000
      5221 Beaver Creek Pkwy, Brown Deer, WI 53223
      View Details
    • Contact for pricing
      0.45 Acres

      Milwaukee Commercial Land - Bradley Way

      0.45-acre lot, ideal for industrial/commercial use.
      6920 Bradley Way, Milwaukee, WI 53223
      View Details
    • $571,155
      2,929 SF

      Brown Deer Flex Warehouse For Sale

      2,929 SF Flex Space, Updated, $195/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $1,950,000
      37,300 SF

      Milwaukee Warehouse Investment Opportunity

      6.97-acre warehouse, ideal owner-user or investor.
      8301 76Th St, Milwaukee, WI 53223
      View Details
    • $402,432
      2,096 SF

      Brown Deer Flex Warehouse For Sale

      2,096 SF Flex/Warehouse, Updated, $192/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      31,329 SF

      Deerbrook Trail Office/Industrial Space

      Milwaukee Flex Space: 1,924 - 8,207 SF Available
      9050-9088 Deerbrook Trl, Milwaukee, WI 53223
      View Details
    • $7 SF/Yr
      12,768 SF

      Brown Deer Warehouse - 12,768 SF

      Spacious warehouse, ample parking, ideal location.
      5221 Beaver Creek Pkwy, Brown Deer, WI 53223
      View Details
    • $4 SF/Yr
      133,858 SF

      Deerbrook Trail Warehouse Space For Lease

      Large warehouse space, flexible options available.
      9153 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • Contact for pricing
      27,800 SF

      Prime Brown Deer Office/Warehouse Space

      2,400 SF Available - Flexible Layout
      9055 51 St, Brown Deer, WI 53223
      View Details
    • $4 SF/Yr
      40,666 SF

      Deerwood Drive Industrial Space

      Versatile Brown Deer Office/Warehouse Space
      9011-9045 Deerwood Dr, Brown Deer, WI 53223
      View Details
    • $14 SF/Yr
      1,470 SF

      Brown Deer Flex Space - 1470 SF

      Milwaukee County flex warehouse, immediate occupancy.
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8219 Bradley Rd
    Milwaukee, WI 53223-3235
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.