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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Drive through restaurants
8235 Bluemound Rd Milwaukee, WI 53213-3311
Entity Owned
4-yr Hold
Property ID
US92-1094560
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2018
Total area
2,130 SF
Lot
0.44 ac (19,237 SF)
Zoning code
LB1
APN
407-9999-000
UPID
US92-1094560
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
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.88M
Owner & transaction history
Tanzey Properties LLC · 4 yrs held
Tanzey Properties LLC
since 2022
Last sale
$2.6M
6 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,120,000
ML approach
$3,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±10% · vs last sale $2.58M (Feb 9 2022)
Last sale anchor
$2.58M
Feb 9 2022
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
$1,350 / 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
$30,541
Tax year 2022
Assessed value
$1,282,700
Assessed 2022
Previous assessed
$1,282,700
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$692,500
Assessed improvement
$590,200
Land market value
$692,500
Improvement market value
$590,200
Total market value
$1,282,700
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2018
Heating
YES
Stories
1
Units
1
Total area
2,130 SF
Lot
0.44 ac (19,237 SF)
Zoning code
LB1
APN
407-9999-000
UPID
US92-1094560
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB1 · Milwaukee, WI
Zoning LB1 · permitted uses
LB1 · 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.
Building & site characteristics
From public records
Year built
2018
Heating
YES
Stories
1
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Tanzey Properties LLC
Entity
Mailing address
1850 MSN RDG RD, SANTA BARBARA, CA 93103-1858
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
$2,579,000
Tanzey Properties LLC
Vrd Properties LLC
Warranty Deed
$1,489,334 · Credit Union 1
Jul 11, 2019
$2,250,000
Vrd Properties LLC
Fore Developers LLC
Grant Deed
—
Jul 17, 2018
$700,000
Fore Developers LLC
Bluemound Amstar LLC
Warranty Deed
$1,457,800 · Landmark Cu
Jun 5, 2017
—
Bluemound Amstar LLC
—
Deed
related
$450,000 · Cornerstone Community Bank
Jul 23, 2013
$500,000
Bluemound Amstar LLC
Snc Properties LLC
Warranty Deed
$745,000 · First Bank Financial Centre
May 24, 2005
$850,000
Snc Properties LLC
Wolf Dcm Acquisition 2 LLC
Special Warranty Deed
$722,500 · Town Bank
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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