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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Commercial land
10 Evergreen Pkwy Elkhorn, WI 53121-4092
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US92-1493167
Property summary
AI-generated overview
This exceptional 1,594-square-foot commercial unit is located at 10 W Evergreen Parkway, Unit 4, in Elkhorn, Wisconsin. Boasting a prime location on the highly trafficked Highway 12/67, this property offers unparalleled visibility and accessibility for any business. The open shell layout provides maximum flexibility for customization, allowing you to design the perfect space to meet your specific needs. Whether you envision a retail storefront, office space, or a creative workspace, this property offers the adaptability to accommodate a wide range of business types. The property sits on a 1.1-acre lot, ensuring ample parking for customers and employees. The asking price for this versatile commercial space is $1850. This is a rare opportunity to establish your business in a high-traffic area with excellent visibility and the potential to thrive. Don't miss out on this chance to secure a prominent location in the vibrant Elkhorn community. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.67 ac (72,832 SF)
APN
YEBP 00009
UPID
US92-1493167
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
-
The Lakehouse Restaurant
-
Edge Broadband Telecommunications Service Data Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Bsm Capital LLC · 5 yrs held
Bsm Capital LLC
since 2021
Last sale
$635,000
2 recorded transactions
Zoning & alternative use
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 Elkhorn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkhorn 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
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $635k (Jun 30 2021)
Last sale anchor
$635k
Jun 30 2021
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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,747
Tax year 2023
Assessed value
$110,400
Assessed 2023
Previous assessed
$110,400
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$110,400
Applied tax rate
221.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.67 ac (72,832 SF)
APN
YEBP 00009
UPID
US92-1493167
Jurisdiction
WALWORTH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.67 ac
Current owner
From public records · entity-resolved
Bsm Capital LLC
Entity
Mailing address
6454TH COBB RD, ELKHORN, WI 53121-3257
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
$635,000
Bsm Capital LLC
2020town C LLC 10 Evergreen Series
Special Warranty Deed
$612,000 · First Citizens Bank
Jun 6, 2005
$345,000
Accolade Enterprises LLP
Gary Wallen
Warranty Deed
$250,000 · Town Bank
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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