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Property profile & analytics
OFF-MARKET
Office buildings
9746 Appleton Ave Milwaukee, WI 53225-3307
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US92-3289017
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Total area
2,044 SF
Lot
0.32 ac (14,076 SF)
Zoning code
LB1
APN
185-0212-100
UPID
US92-3289017
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
-
Nelson's Tire & Auto Repair Shop LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hsm Properties LLC · 11 yrs held
Hsm Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,595
Tax year 2022
Assessed value
$67,000
Assessed 2022
Previous assessed
$67,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$44,000
Assessed improvement
$23,000
Land market value
$44,000
Improvement market value
$23,000
Total market value
$67,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1969
Heating
YES
Stories
1
Units
1
Total area
2,044 SF
Lot
0.32 ac (14,076 SF)
Zoning code
LB1
APN
185-0212-100
UPID
US92-3289017
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB1 · Milwaukee, WI
Zoning LB1 · permitted uses
LB1 · 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.
Building & site characteristics
From public records
Year built
1969
Heating
YES
Stories
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Hsm Properties LLC
Entity
Mailing address
8TH SHEPHERDS WAY, WAUKESHA, WI 53188-9499
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
—
Hsm Properties LLC
—
Deed
related
$119,000 · Velocity Commercial Capital LLC
Feb 6, 2023
—
Hsm Properties LLC
—
Deed
related
$330,000 · F Street Investments LLC
Nov 6, 2019
—
Hsm Properties LLC
—
Deed
related
$92,500 · Other Institutional Lenders
Jun 1, 2015
$55,000
Hsm Properties LLC
Associated Bk
Grant Deed
—
Aug 7, 2014
$60,000
Associated Bk
Inspector Of Milwaukee County|precious Transit LLC
Foreclosure
related
—
Dec 26, 2007
$240,000
Precious Transit LLC
Michael Yelin
Warranty Deed
$192,000 · Associated Bank NA
May 13, 2004
$237,500
Yelin,boris & Michael
Dusan Potkonjak
Warranty Deed
$256,300 · M&i Marshall & Ilsley Bk
—
—
Precious Transit LLC
—
Deed Of Trust
related
$159,960 · Medc Capital Fund I LLC Medc Capital Fund I LLC
—
—
Hsm Properties LLC
—
Deed Of Trust
related
$92,500 · Other Institutional Lenders
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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