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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Auto shops
1111 Spg City Ln Waukesha, WI 53186-5946
Entity Owned
Absentee Owner
Free & Clear
Property ID
US92-2019747
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2012
Total area
7,840 SF
Lot
1.08 ac (47,045 SF)
Zoning code
MM-1
APN
WAKC1332001002
UPID
US92-2019747
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
-
Discount Tire (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$919k
Blend (final)
Blend
$710k
Owner & transaction history
HALLE PROPERTIES LLC
HALLE PROPERTIES LLC
Zoning & alternative use
MM-1 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The MM-1 Mixed Use Manufacturing District is hereby created, the purpose of the MM-1 district is to provide for a variety of light industrial and manufacturing uses, also incorporating retail, service, and commercial uses activity along high traffic arterial corridors within, and adjoining the district, the MM-1 district may be used to serve as a transition…
Zone name
Mixed Use Manufacturing
General category
MIXED_USE
Zone area
87.75 ac
Source
Realmo
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
by Request
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,120,000
Current use
WAREHOUSE, STORAGE
$985,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$91 / 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
$16,476
Tax year 2023
Assessed value
$1,086,600
Assessed 2023
Previous assessed
$1,210,500
-10.2% YoY
Effective rate
1.52%
On assessed value
Assessed land
$382,800
Assessed improvement
$703,800
Total market value
$1,124,961
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2012
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
7,840 SF
Lot
1.08 ac (47,045 SF)
Zoning code
MM-1
APN
WAKC1332001002
UPID
US92-2019747
Jurisdiction
WAUKESHA
Zoning & alternative use
MM-1 · Waukesha, WIZoning MM-1 · permitted uses
MM-1 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The MM-1 Mixed Use Manufacturing District is hereby created, the purpose of the MM-1 district is to provide for a variety of light industrial and manufacturing uses, also incorporating retail, service, and commercial uses activity along high traffic arterial corridors within, and adjoining the district, the MM-1 district may be used to serve as a transition between heavy industrial areas and other commercial or industrial districts
Zone name
Mixed Use Manufacturing
General category
MIXED_USE
Zone area
87.75 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$985,000
AUTO REPAIR, GARAGE Current
WAREHOUSE, STORAGE
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
2012
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.08 ac
Current owner
From public records · entity-resolved
HALLE PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
20225 N SCOTTSDALE RD, SCOTTSDALE, AZ 85255-6456
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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