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Property profile & analytics
OFF-MARKET Estimated value $8,860,000
Warehouses

918 Somers St Milwaukee, WI 53205-2339

119,328 SF 3.64 ac lot Built 2018
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US92-3047153
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2018
Total area 119,328 SF
Lot 3.64 ac (158,471 SF)
Zoning code IL2
APN 362-0592-000
UPID US92-3047153
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
$8.12M
Comparable Approach Comparable
$9.87M
Blend (final) Blend
$8.86M
Owner & transaction history
MILLERCOORS LLC
MILLERCOORS LLC
Zoning & alternative use
IL2 · 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
Auto repair, garage $14.2M +120.9%
Retail stores $12.8M +99.2%
Medical building $12.3M +90.6%
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