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    Property profile & analytics

    8501 Capitol Dr Milwaukee, WI 53222-1826

    • Turn key restaurants
    • 5,749 SF
    • 0.71 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Last Sale
    Nov 16, 2023
    Location Intelligence
    Property ID
    US92-0989098
    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

    • Mykonos Restaurant / American Restaurant / Breakfast Restaurant

    Property Details for 8501 Capitol Dr

    Year built
    1961
    Lot size
    0.71 lot acres
    Property size
    5,749 SF
    Zone code
    NS2
    Property type
    Turn key restaurants
    APN
    262-9989-000
    APU
    2629989000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0182
    Latitude
    43.0895
    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
    $12,045
    $155,300
    $350,600
    $505,900
    -
    $155,300
    $350,600
    $505,900

    Comparable in this City

    • Value Estimation
      $325,000
      15,763 SF

      7718 7720th W Burleigh St

      RESTAURANT • 15,763 SF
      7718 7720th W Burleigh St, Milwaukee, WI 53222
      View Details
    • Value Estimation
      $1,115,000
      5,062 SF

      7822 Capitol Dr

      RESTAURANT • 5,062 SF
      7822 Capitol Dr, Milwaukee, WI 53222-2016
      View Details
    • Value Estimation
      $490,000
      4,815 SF

      8718 Lisbon Ave

      RESTAURANT • 4,815 SF
      8718 Lisbon Ave, Milwaukee, WI 53222-2859
      View Details
    • Value Estimation
      $360,000
      2,234 SF

      7603 Burleigh St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,234 SF
      7603 Burleigh St, Milwaukee, WI 53222-5001
      View Details
    • Value Estimation
      $270,000
      2,609 SF

      9230 Capitol Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,609 SF
      9230 Capitol Dr, Milwaukee, WI 53222-1533
      View Details
    • Value Estimation
      $390,000
      1,653 SF

      7604 Burleigh St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,653 SF
      7604 Burleigh St, Milwaukee, WI 53222-5002
      View Details

    Similar Nearby for Sale

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      Mixed-Use Building with Restaurant Leases

      Mixed-use building featuring apartments and leased restaurants in Milwaukee.
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      Fully Occupied Retail Investment Property

      High-traffic retail property with long-term leases and recent renovations.
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      View Details
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      Prime Milwaukee location, high-traffic area.
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      Duplex in prime location with updated features and income potential.
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    Similar Nearby for Lease

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    • Contact for pricing
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      Wauwatosa, WI: Prime Retail Opportunity
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      Milwaukee Retail Space For Lease

      Prime Milwaukee retail space, multiple units available.
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      Wauwatosa Medical Office Space

      901 SF Medical Office Suite Available
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    • Contact for pricing
      54,071 SF

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      Wauwatosa medical office space available. Multiple suites, ample parking.
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      View Details
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    8501 Capitol Dr
    Milwaukee, WI 53222-1826
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    Realmo Value Estimation

    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.

    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.

    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
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