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Property profile & analytics
OFF-MARKET
Estimated value
$2,430,000
Flex space
1005 Perkins Ave Waukesha, WI 53186-5249
Entity Owned
4-yr Hold
Free & Clear
Property ID
US92-0994800
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1929
Total area
189,889 SF
Lot
5.5 ac (239,580 SF)
Zoning code
M-2
APN
WAKC1301250
UPID
US92-0994800
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
-
Common Era Diesel Auto Repair Shop
-
Harrison Metals, LLC General Contractor
-
MV Parts Store Big Box & Wholesale Store Auto Parts Store
-
J D Pallet Recycling Inc Recycling Center Waste Management Facility
-
Molly Maid Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.43M
Owner & transaction history
L-e 10 LLC · 4 yrs held
L-e 10 LLC
since 2022
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
M-2 · Waukesha, 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 Waukesha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukesha 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
$3,145,000
ML approach
$3,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.43M
Range $2.19M – $2.67M · ±10% · vs last sale $1.75M (Jan 4 2022)
Last sale anchor
$1.75M
Jan 4 2022
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
$13 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$26,664
Tax year 2023
Assessed value
$1,736,900
Assessed 2023
Previous assessed
$1,147,600
+51.4% YoY
Effective rate
1.54%
On assessed value
Assessed land
$536,700
Assessed improvement
$1,200,200
Total market value
$1,798,220
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1929
Heating
YES
Cooling
NONE
Stories
2
Total area
189,889 SF
Lot
5.5 ac (239,580 SF)
Zoning code
M-2
APN
WAKC1301250
UPID
US92-0994800
Jurisdiction
WAUKESHA
Zoning & alternative use
M-2 · Waukesha, WI
Zoning M-2 · permitted uses
M-2 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waukesha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Heating
YES
Cooling
Yes
Stories
2
Lot
5.5 ac
Current owner
From public records · entity-resolved
L-e 10 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1351 E MAIN ST, WAUKESHA, WI 53186-3901
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
—
L E 10 LLC
—
Deed
related
$950,000 · Signature Bank
Jan 4, 2022
$1,750,000
L-e 10 LLC
Giuffre Xvi LLC
Special Warranty Deed
—
Sep 29, 2020
—
Rex Properties LLC
—
Deed
related
$7,000,000 · Tri City National Bank
Jun 17, 2013
—
Giuffre Xvi LLC
—
Grant Deed
related
$9,000,000 · Johnson Bank
May 15, 2006
—
Giuffre Xvi LLC
—
Deed Of Trust
related
$1,200,000 · Johnson Bank
Jan 2, 2004
—
Giuffre Xvi LLC
Giuffre,frank P & Dominic J
Quit Claim Deed
related
—
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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