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Property profile & analytics
OFF-MARKET Estimated value $1,225,000
Strip malls

8329 8333rd W Appleton Ave Milwaukee, WI 53218

14,064 SF 0.95 ac lot Built 1990
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US92-0049666
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Total area 14,064 SF
Lot 0.95 ac (41,224 SF)
Zoning code LB1
APN 224-1221-000
UPID US92-0049666
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
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.23M
Owner & transaction history
Hyif Point Plaza LLC · 9 yrs held
Hyif Point Plaza LLC
since 2017
3 recorded transactions
2017
$900,000
2007
$1.1M
1969
Price N/A
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities are of major significance. Good access by motor vehicle or public transit is important to local business districts, which are often located ad…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Restaurant $1.8M +36.7%
Auto repair, garage $1.7M +28.2%
Retail stores $1.5M +15.7%
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