Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

N116W18500 Morse Dr Germantown, WI 53022

FOR SALE
Commercial real estate
Property ID
US92-1291355
25,800 SF 2.61 ac lot Built 1993
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.39M
Assessed land$257k
Assessed improvement$1.13M
Effective rate1.73%

Value estimate

· Nov 2026
$2.18M
$1.96M – $2.40M
Submarket $/SF estimate$2.64M
NOI build-up
Gross scheduled income$141k
Vacancy & credit loss−$7k
Operating expenses−$20k
NOI · 4.01% cap applied$114k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$161/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$102 – $240
Qualifying comparables12

Cap rate analysis

How does the asset earn?
4.01%
$114k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand index
Pharmacy9.2
Hair Salon9.2
Garden Center9.0

Location

N116W18500 Morse Dr Germantown, WI 53022
County assessor Recorded deeds · 2 transfers 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
188th Maple, Germantown, WI 53022-3847 $4,325,000 Jan 2026 36,190 SF
180th Riv, Germantown, WI 53022-2417 $1,210,000 Jun 2025 12,800 SF
190th Commerce, Germantown, WI 53022-3871 $3,200,000 Mar 2025 22,455 SF
186th Morse, Germantown, WI 53022-2442 $3,215,000 Nov 2024 28,800 SF
96th County Line, Germantown, WI 53022-4553 $6,325,000 Jul 2024 63,850 SF
114th Sylvan, Germantown, WI 53022-3383 $1,700,000 Oct 2023 20,178 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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