Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Individual retail properties
9330 Capitol Dr Milwaukee, WI 53222-1535
Entity Owned
20-yr Hold
Property ID
US92-3512604
Property profile
Verified
Property type
Individual retail properties
Use group
LIQUOR STORE
Year built
1955
Total area
11,725 SF
Lot
0.49 ac (21,258 SF)
Zoning code
LB2
APN
254-0685-100
UPID
US92-3512604
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
-
Sunrise Liquor & Gifts Specialty Food Shop Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$1.82M
Owner & transaction history
Spdk INC · 20 yrs held
Spdk INC
since 2005
5 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.6M
+103.0%
Restaurant
$1.5M
+18.2%
Auto repair, garage
$1.4M
+10.8%
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%
$2,050,000
6.5%
$1,890,000
7%
$1,755,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,260,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,560,000
Change: +103% · Conversion: Difficult
RESTAURANT
$1,490,000
Change: +18% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,400,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$1,205,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±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
$155 / 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
$26,627
Tax year 2022
Assessed value
$1,118,300
Assessed 2022
Previous assessed
$1,118,300
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$106,300
Assessed improvement
$1,012,000
Land market value
$106,300
Improvement market value
$1,012,000
Total market value
$1,118,300
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
Individual retail properties
Use group
LIQUOR STORE
Status
Off-Market
Year built
1955
Heating
NONE
Cooling
YES
Stories
2
Units
2
Rooms
6
Bathrooms
1
Total area
11,725 SF
Lot
0.49 ac (21,258 SF)
Zoning code
LB2
APN
254-0685-100
UPID
US92-3512604
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · 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
RETAIL STORES Current
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1955
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Rooms
6
Bathrooms
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Spdk INC
Entity
Mailing address
9330 W CAPITOL DR, MILWAUKEE, WI 53222-1535
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
—
Spdk INC
—
Deed
related
$400,000 · Millennium Bank
Dec 30, 2016
—
Spdk INC
—
Deed
related
$656,000 · Millennium Bank NA
Oct 21, 2005
$1,100,000
Spdk INC
Dilip Patel
Warranty Deed
$1,060,000 · Temecula Valley Bank
—
—
Patel,dilip & Kokila
—
Deed Of Trust
related
$50,000 · State Fin'l Bk
—
—
Patel,dilip & Kokila
—
Deed Of Trust
related
$424,000 · State Fin'l Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9330 Capitol Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
