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Property profile & analytics
OFF-MARKET Estimated value $605,000
Warehouses

8701 Lauer St Milwaukee, WI 53224-2268

10,066 SF 3.78 ac lot Built 2009
Individually Owned 17-yr Hold Free & Clear
Property ID
US92-1281805
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2009
Total area 10,066 SF
Lot 3.78 ac (164,700 SF)
Zoning code IL1
APN 039-0342-100
UPID US92-1281805
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
  • Operative Plasterers & Cement Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
$685k
Comparable Approach Comparable
$833k
Blend (final) Blend
$605k
Owner & transaction history
Operative Plasterers & Cement · 17 yrs held
Operative Plasterers & Cement
since 2009
2 recorded transactions
2009
$245,700
2007
Price N/A
Zoning & alternative use
IL1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 Institutional District 295-907 Planned Development District 295-909 Redevelopment District SUBCHAPTER 10 OVERLAY ZONES (NC, IS, DIZ, SP, WL, L…

Zone name Industrial Light
General category INDUSTRIAL
Source Master V2
Top alternative use upside
Neighborhood: shopping center $935,000 +72.3%
Commercial (general) $875,000 +60.6%
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