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Property profile & analytics
OFF-MARKET Estimated value $3,215,000
Drug stores

9040 Good Hope Rd Milwaukee, WI 53224-4112

15,048 SF 3.27 ac lot Built 2000
Entity Owned 1-yr Hold Free & Clear
Property ID
US92-0351934
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2000
Total area 15,048 SF
Lot 3.27 ac (142,572 SF)
Zoning code LB1
APN 108-0481-100
UPID US92-0351934
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
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Walgreens Pharmacy Pharmacy
  • Edward M. Bojanowski, RPH Pharmacy
  • Nicolas Coates, PharmD Pharmacy
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.17M
CAP Approach CAP
$2.43M
Comparable Approach Comparable
$2.78M
Blend (final) Blend
$3.22M
Owner & transaction history
Cot In Portfolio LLC · 1 yrs held
Cot In Portfolio LLC
since 2025
Last sale
$3.0M
4 recorded transactions
2025
$3.0M
2022
Price N/A
2011
$5.1M
2010
$4.4M
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities are of major significance. Good access by motor vehicle or public transit is important to local business districts, which are often located ad…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
Top alternative use upside
Apartment house (5+ units) $1.9M +20.2%
Restaurant $1.9M +18.2%
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