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Property profile & analytics
FOR SALE
Retail space
8301 W Silver Spring Dr Milwaukee, WI 53218
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-1189221
For Sale
1 / 16
$735,000
8301 W Silver Spring Dr, Milwaukee, WI 53218
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Total area
6,114 SF
Lot
0.33 ac (14,375 SF)
Zoning code
LB1
APN
187-0606-120
UPID
US92-1189221
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
-
Open Doors Learning Center Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$722k
Blend (final)
Blend
$770k
Owner & transaction history
Yaj Property LLC · 2 yrs held
Yaj Property LLC
since 2023
Last sale
$635,000
7 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.1M
+60.8%
Restaurant
$780,000
+18.2%
Auto repair, garage
$730,000
+10.8%
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
$830,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
RETAIL STORES
$660,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,060,000
Change: +61% · Conversion: Difficult
RESTAURANT
$780,000
Change: +18% · Conversion: Easy
AUTO REPAIR, GARAGE
$730,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$630,000
Change: -4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$570,000
Change: -14% · Conversion: Moderate
COMMERCIAL (GENERAL)
$530,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $635k (Aug 18 2023)
Last sale anchor
$635k
Aug 18 2023
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
$126 / 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
$12,926
Tax year 2022
Assessed value
$542,900
Assessed 2022
Previous assessed
$542,900
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$53,900
Assessed improvement
$489,000
Land market value
$53,900
Improvement market value
$489,000
Total market value
$542,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1962
Heating
YES
Cooling
YES
Stories
1
Units
4
Total area
6,114 SF
Lot
0.33 ac (14,375 SF)
Zoning code
LB1
APN
187-0606-120
UPID
US92-1189221
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$660,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
RESTAURANT
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$730,000
MEDICAL BUILDING
Est. value
$630,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$570,000
COMMERCIAL (GENERAL)
Est. value
$530,000
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1962
Heating
YES
Cooling
Yes
Stories
1
Units
4
Lot
0.33 ac
Current owner
From public records · entity-resolved
Yaj Property LLC
Entity
Mailing address
5876 N 69TH ST, MILWAUKEE, WI 53218-1810
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
—
Yaj Property LLC
—
Deed
related
$50,000 · Hmong Wisconsin Chamber Of Commerce INC
Aug 18, 2023
$635,000
Yaj Property LLC
Cmudd Property LLC
Warranty Deed
$660,000 · The Huntington National Bank
Jun 1, 2018
$350,000
Cmudd Property LLC
Pickens Silver Spring LLC
Warranty Deed
$275,000 · Miscellaneous Govt Agcy
Nov 11, 2009
—
Pickens Silver Spring LLC
Mattie Pickens
Quit Claim Deed
related
—
Nov 30, 2006
$265,000
Mattie Pickensa
Kit Ling C Moy
Warranty Deed
$212,000 · Interbay Funding LLC
Dec 6, 2005
—
Moy,kit L C
Andy C Moy
Quit Claim Deed
related
—
—
—
Pickens Silver Spring LLC
—
Deed Of Trust
related
$55,000 · Seaway Bk&tr
—
—
Moy,andy C
—
Deed Of Trust
related
$130,000 · Tri Cty Nat'l Bk
—
—
Pickens,mattie M
—
Deed Of Trust
related
$55,000 · Legacy 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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