Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1231 The Strand Waukesha, WI 53186-3861

    • Manufacturing properties
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 29, 2021
    $265,000
    Location Intelligence
    Property ID
    US92-1939533
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Heale Manufacturing Co / Electronic Parts Supplier

    Property Details for 1231 The Strand

    Lot size
    0.21 lot acres
    Zone code
    M-2
    Property type
    Manufacturing properties
    APN
    WAKC1003005
    APU
    WAKC1003005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2186
    Latitude
    43.0187
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $351
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $24,019

    Comparable in this City

    • Value Estimation by Request
      4.58 Acres

      818 Progress Ave

      MANUFACTURING (LIGHT) • 4.58 Acres
      818 Progress Ave, Waukesha, WI 53186-5927
      View Details
    • Value Estimation by Request
      1.82 Acres

      831 Progress Ave

      MANUFACTURING (LIGHT) • 1.82 Acres
      831 Progress Ave, Waukesha, WI 53186-5926
      View Details
    • Value Estimation by Request
      1.83 Acres

      401 Sentry Dr

      MANUFACTURING (LIGHT) • 1.83 Acres
      401 Sentry Dr, Waukesha, WI 53186-5928
      View Details
    • Value Estimation by Request
      7.58 Acres

      1300 Lincoln Ave

      MANUFACTURING (LIGHT) • 7.58 Acres
      1300 Lincoln Ave, Waukesha, WI 53186-5373
      View Details
    • Value Estimation by Request
      2.24 Acres

      1200 Nike Dr

      MANUFACTURING (LIGHT) • 2.24 Acres
      1200 Nike Dr, Waukesha, WI 53186-1480
      View Details
    • Value Estimation by Request
      1.32 Acres

      1304 Ave

      MANUFACTURING (LIGHT) • 1.32 Acres
      1304 Ave, Waukesha, WI 53186-5944
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      59,219 SF

      Waukesha Industrial Build-to-Suit

      59,219 SF Flex/R&D Space, WI
      N15W22261 Watertown Rd, Waukesha, WI 53186
      View Details
    • $4,250,000
      73,800 SF

      Waukesha Industrial Property For Sale

      73,800 SF industrial property in Waukesha, Wisconsin.
      1515 Ellis St, Waukesha, WI 53186
      View Details
    • $675,000
      6,000 SF

      High-Visibility Commercial Property For Sale

      Commercial property with updated systems, ideal for various business uses.
      1344 Whiterock Ave, Waukesha, WI 53186
      View Details
    • $2,295,000
      26,175 SF

      Waukesha Industrial Property for Sale

      Industrial property with long-term lease and renewal options available for purchase.
      S17W22650 Lincoln Ave, Waukesha, WI 53186
      View Details
    • $299,900
      2,400 SF

      Waukesha Commercial Building - Great Potential

      Restaurant, Apartment, High Traffic Area
      1220 The Strand, Waukesha, WI 53186
      View Details
    • $579,900
      3,700 SF

      Waukesha Tavern & Potential Units

      Established Bar, Expansion Opportunity, High Traffic
      512 Lincoln Ave, Waukesha, WI 53186
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,000 SF

      Waukesha Industrial Facility For Lease

      Proposed industrial facility with loading docks and overhead doors.
      809 Philip Dr, Waukesha, WI 53186
      View Details
    • Contact for pricing
      11,210 SF

      Waukesha Flex Space For Lease

      Modern Flex Space, 6,247 SF Available
      1230 West Ave, Waukesha, WI 53186
      View Details
    • $16 SF/Yr
      4,280 SF

      Commercial Kitchen and Flex Space

      Commercial kitchen and flex space available for rent.
      1930 West Bluemound Rd, Waukesha, WI 53186
      View Details
    • $4 SF/Yr
      14,000 SF

      Waukesha Functional Shop Space

      Functional shop space near downtown Waukesha with overhead door.
      1250 Lincoln Ave, Waukesha, WI 53186
      View Details
    • $8 SF/Yr
      51,568 SF

      Waukesha Flex Space For Lease

      Modern Flex Space, 3,148 sq ft Available
      407 Pilot Ct, Waukesha, WI 53186
      View Details
    • $11 SF/Yr
      31,580 SF

      Waukesha Flex Space For Lease

      Modern flex warehouse space available. Multiple units, high ceilings.
      N8 Johnson Dr, Waukesha, WI 53186
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1231 The Strand
    Waukesha, WI 53186-3861
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.