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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Day care centers
8980 85th St Milwaukee, WI 53224-2104
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US92-0036463
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1988
Total area
8,886 SF
Lot
1.54 ac (66,995 SF)
Zoning code
RB1
APN
033-0401-000
UPID
US92-0036463
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$711k
Blend (final)
Blend
$725k
Owner & transaction history
Praji Properties LLC · 8 yrs held
Praji Properties LLC
since 2018
3 recorded transactions
Zoning & alternative use
RB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.2M
+92.0%
Restaurant
$1.1M
+88.8%
Auto repair, garage
$1.1M
+77.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$600,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,150,000
Change: +92% · Conversion: Difficult
RESTAURANT
$1,130,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,060,000
Change: +77% · Conversion: Difficult
RETAIL STORES
$955,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$915,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$825,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$770,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$82 / 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
$12,272
Tax year 2022
Assessed value
$515,400
Assessed 2022
Previous assessed
$515,400
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$202,000
Assessed improvement
$313,400
Land market value
$202,000
Improvement market value
$313,400
Total market value
$515,400
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1988
Heating
YES
Stories
1
Units
1
Total area
8,886 SF
Lot
1.54 ac (66,995 SF)
Zoning code
RB1
APN
033-0401-000
UPID
US92-0036463
Jurisdiction
MILWAUKEE
Zoning & alternative use
RB1 · Milwaukee, WI
Zoning RB1 · permitted uses
RB1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$600,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$955,000
MEDICAL BUILDING
Est. value
$915,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$825,000
COMMERCIAL (GENERAL)
Est. value
$770,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
YES
Stories
1
Units
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
Praji Properties LLC
Entity
Mailing address
11445 N ASHBURY WOODS DR, MEQUON, WI 53097-2822
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2018
$325,000
Praji Properties LLC
Mojeed A Salako
Warranty Deed
$742,000 · Wisconsin Bk&tr
Oct 31, 2007
$320,000
Mojeed A Salako
Zh LLC
Warranty Deed
$279,700 · Us Bank NA
Sep 1, 2006
$60,000
Zh LLC
Roebuck Sears
Grant Deed
—
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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