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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Manufacturing properties
9334 107th St, Milwaukee, WI 53224-1121
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-0044992
Property summary
AI-generated overview
This exceptional Milwaukee County industrial property, located at 9334 N 107th Street, offers 8,400 square feet of immediately available flex/warehouse space within a larger 14,500 square foot building. Situated on a 0.78-acre lot, this property boasts a desirable location in the 53224 zip code, providing easy access to major transportation routes. Built in 1982, the building features a generous 15-foot ceiling height, perfect for various industrial uses. The space includes one drive-in door for convenient loading and unloading. Power is available at 480V, 3-phase (verification required by tenant). The property is zoned IO1, allowing for a range of industrial and flex uses. The building is currently multi-tenant. This is a fantastic opportunity for businesses seeking a functional and well-located warehouse or flex space in Milwaukee. The available space is 8,400 square feet, with a total building size of 14,500 square feet. Serious inquiries are encouraged.
Property profile
Verified
Property type
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Year built
1982
Total area
14,400 SF
Lot
0.78 ac (33,846 SF)
Zoning code
IO1
APN
003-0151-000
UPID
US92-0044992
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
-
Allied Tool Products Production Facility Factory
-
AL-MU Pallets LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$817k
Blend (final)
Blend
$755k
Owner & transaction history
Lev Investment I LLC · 2 yrs held
Lev Investment I LLC
since 2024
Last sale
$755,000
4 recorded transactions
Zoning & alternative use
IO1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+59.4%
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
$755,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$805,000
7%
$750,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$785,000
Current use
COMMERCIAL (GENERAL)
$1,250,000
Change: +59% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $755k (May 23 2024)
Last sale anchor
$755k
May 23 2024
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
$52 / 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
$11,900
Tax year 2022
Assessed value
$561,800
Assessed 2022
Previous assessed
$561,800
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$74,000
Assessed improvement
$487,800
Land market value
$74,000
Improvement market value
$487,800
Total market value
$561,800
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
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Status
Off-Market
Year built
1982
Heating
YES
Stories
1
Total area
14,400 SF
Lot
0.78 ac (33,846 SF)
Zoning code
IO1
APN
003-0151-000
UPID
US92-0044992
Jurisdiction
MILWAUKEE
Zoning & alternative use
IO1 · Milwaukee, WI
Zoning IO1 · permitted uses
IO1 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
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
1982
Heating
YES
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Lev Investment I LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2025
—
Lev Investment I LLC
—
Deed
related
$660,000 · Forte Bank
May 23, 2024
$755,000
Lev Investment I LLC
Smr Holdings LLC
Warranty Deed
$573,750 · First Citizens Bank And Trust Co In
Jul 22, 2021
—
Smr Holdings LLC
—
Deed
related
$365,000 · Spring Bank
May 5, 2008
$670,000
Smr Holdings LLC
Glenbrook Co
Warranty Deed
$648,000 · Pyramax Bank Fsb
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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