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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Community centers
1180 Sunset Dr Waukesha, WI 53189-8436
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US92-1365302
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2009
Total area
7,381 SF
Lot
5 ac (217,800 SF)
Zoning code
B-5 (PUD)
APN
WAKC1332012004
UPID
US92-1365302
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
-
Burger King Restaurant
-
Ramco-Gershanson Construction Company General Contractor
-
Old Navy Clothing & Fashion Store
-
Buffalo Wild Wings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$975k
Owner & transaction history
Sbv-fox River LLC · 7 yrs held
Sbv-fox River LLC
since 2019
2 recorded transactions
Zoning & alternative use
B-5 (PUD) · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for the orderly and attractive grouping at appropriate locations along principle highway routes and through highways of those businesses and customer services which are logically related and dependent upon highway traffic or which are specifically designated to serve the needs of such traffic, The PUD Overlay District is intended to permit develop…
Zone name
Community Business Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
232.37 ac
Source
Realmo
Top alternative use upside
Medical building
$1.2M
+91.7%
Restaurant
$1.2M
+86.8%
Auto repair, garage
$1.1M
+69.7%
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
$930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$635,000
Current use
MEDICAL BUILDING
$1,220,000
Change: +92% · Conversion: Difficult
RESTAURANT
$1,190,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,080,000
Change: +70% · Conversion: Difficult
OFFICE BUILDING
$890,000
Change: +40% · Conversion: Moderate
COMMERCIAL (GENERAL)
$705,000
Change: +11% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$675,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$132 / 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
$99,107
Tax year 2023
Assessed value
$6,538,300
Assessed 2023
Previous assessed
$7,824,400
-16.4% YoY
Effective rate
1.52%
On assessed value
Assessed land
$3,335,100
Assessed improvement
$3,203,200
Total market value
$6,769,127
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
7,381 SF
Lot
5 ac (217,800 SF)
Zoning code
B-5 (PUD)
APN
WAKC1332012004
UPID
US92-1365302
Jurisdiction
WAUKESHA
Zoning & alternative use
B-5 (PUD) · Waukesha, WIZoning B-5 (PUD) · permitted uses
B-5 (PUD) · 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 the orderly and attractive grouping at appropriate locations along principle highway routes and through highways of those businesses and customer services which are logically related and dependent upon highway traffic or which are specifically designated to serve the needs of such traffic, The PUD Overlay District is intended to permit development that will, over a period of time, be enhanced by coordinated area site planning, diversified location of structures, diversified building heights and types, or mixing of compatible uses
Zone name
Community Business Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
232.37 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$635,000
MEDICAL BUILDING
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$890,000
COMMERCIAL (GENERAL)
Est. value
$705,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2009
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
5 ac
Current owner
From public records · entity-resolved
Sbv-fox River LLC
Entity
Mailing address
PO BOX 838, WALLED LAKE, MI 48390-0838
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Mar 8, 2019
$55,000,000
Sbv-fox River LLC
Rpt Realty LP
Trustees Deed
$22,000,000 · Starwood Mtg Cap
—
—
Opus Dev Corp
—
Loan Modification
related
$7,750,000 · Ramco-gershenson Properties LP
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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