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Property profile & analytics
OFF-MARKET Estimated value $2,770,000
Warehouses

8711 Prt Ave Milwaukee, WI 53224-3429

68,823 SF 9.06 ac lot Built 1985
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US92-0483020
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Total area 68,823 SF
Lot 9.06 ac (394,741 SF)
Zoning code IL1
APN 080-0081-000
UPID US92-0483020
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
  • Phoenix Lighting Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.35M
Blend (final) Blend
$2.77M
Owner & transaction history
Port Industrial LLC · 6 yrs held
Port Industrial LLC
since 2019
2 recorded transactions
2019
$4.1M
2017
$3.0M
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
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