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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Medical Office Space
8522 Capitol Dr 8532 Milwaukee, WI 53222-1827
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US92-0661674
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Total area
15,779 SF
Lot
0.21 ac (9,180 SF)
Zoning code
NS2
APN
253-0048-110
UPID
US92-0661674
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
-
DISCOVERY IMAGING CENTER Medical Clinic
-
Hide & Seek Ultrasound Studio inside of Discovery Imaging Center Medical Clinic
-
Visiting Good Samaritan Home Care Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$804k
Blend (final)
Blend
$655k
Owner & transaction history
Kailas Properties LLC · 12 yrs held
Kailas Properties LLC
since 2013
7 recorded transactions
Zoning & alternative use
NS2 · 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
by Request
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$42 / 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
$26,324
Tax year 2022
Assessed value
$1,105,600
Assessed 2022
Previous assessed
$1,105,600
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$45,900
Assessed improvement
$1,059,700
Land market value
$45,900
Improvement market value
$1,059,700
Total market value
$1,105,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2000
Heating
NONE
Cooling
YES
Stories
2
Units
8
Total area
15,779 SF
Lot
0.21 ac (9,180 SF)
Zoning code
NS2
APN
253-0048-110
UPID
US92-0661674
Jurisdiction
MILWAUKEE
Zoning & alternative use
NS2 · Milwaukee, WI
Zoning NS2 · permitted uses
NS2 · 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
2000
Heating
NONE
Cooling
Yes
Stories
2
Units
8
Lot
0.21 ac
Current owner
From public records · entity-resolved
Kailas Properties LLC
Entity
Mailing address
333 N PETERS AVE STE #203, FOND DU LAC, WI 54935-8257
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2013
$1,400,000
Kailas Properties LLC
Gnr Realty & Property Mgmt LLC
Warranty Deed
$1,120,000 · Citizensfirst Cu
Jun 22, 2004
$138,800
Gnr Realty & Property Mgmt LLC
Germaine Weber
Warranty Deed
$138,750 · Milwaukee Wstrn Bk
—
—
Gnr Realty & Property Mgmt LLC
—
Deed Of Trust
related
$242,780 · Securant Bk&tr
—
—
Gnr Realty & Property Mgmt LLC
—
Deed Of Trust
related
$183,000 · Miscellaneous Govt Agcy
—
—
Gnr Realty & Property Mgmt LLC
—
Deed Of Trust
related
$227,828 · Milwaukee Wstrn Bk
—
—
Gnr Realty & Property Mgmt LLC
—
Deed Of Trust
related
$15,000 · Securant Bk&tr
—
—
Gnr Realty & Property Mgmt LLC
—
Deed Of Trust
related
$15,000 · Securant Bk&tr
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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