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Property profile & analytics
OFF-MARKET
Warehouses
1126 Perkins Ave Waukesha, WI 53186
Individually Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-1085184
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1948
Total area
1,444 SF
Lot
0.11 ac (4,792 SF)
Zoning code
RM-1
APN
WAKC1003160
UPID
US92-1085184
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
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
James Graser · 27 yrs held
James Graser
since 1999
2 recorded transactions
Zoning & alternative use
RM-1 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for multiple family residential development at densities not to exceed 17.4 dwelling units per net acre for efficiency units; 14.5 dwelling units per net acre for one bedroom units; 12.4 dwelling units per net acre for two bedroom units; 10.9 dwelling units per acre for three bedroom or larger units, 9.7 dwelling units per net acre for two family…
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
391.89 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
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,721
Tax year 2023
Assessed value
$117,000
Assessed 2023
Previous assessed
$38,500
+203.9% YoY
Effective rate
1.47%
On assessed value
Assessed land
$26,800
Assessed improvement
$90,200
Total market value
$121,130
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1948
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,444 SF
Lot
0.11 ac (4,792 SF)
Zoning code
RM-1
APN
WAKC1003160
UPID
US92-1085184
Jurisdiction
WAUKESHA
Zoning & alternative use
RM-1 · Waukesha, WIZoning RM-1 · permitted uses
RM-1 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for multiple family residential development at densities not to exceed 17.4 dwelling units per net acre for efficiency units; 14.5 dwelling units per net acre for one bedroom units; 12.4 dwelling units per net acre for two bedroom units; 10.9 dwelling units per acre for three bedroom or larger units, 9.7 dwelling units per net acre for two family units; and 5.5 dwelling units per net acre for single family dwellings
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
391.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
James Graser
Individual
Mailing address
1341 PEARL ST, WAUKESHA, WI 53186-5613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
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
Jan 18, 1999
$118,000
James Graser
Pfaffle,paul E
Grant Deed
$63,750 · Waukesha State Bank
—
—
Paul E Pfaffle
—
Deed Of Trust
related
$131,582 · Individual
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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