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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Commercial real estate
1241 Corporate Ctr Dr Oconomowoc, WI 53066-4898
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US92-0400542
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.45 ac (63,162 SF)
Zoning code
B
APN
OCOC0634999013
UPID
US92-0400542
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
-
Knight Barry Title Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.40M
Owner & transaction history
Nordstrom Coming Soon LLC
Nordstrom Coming Soon LLC
since 2025
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
B · Oconomowoc, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Oconomowoc submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oconomowoc 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
$37,431
Tax year 2023
Assessed value
$3,310,400
Assessed 2023
Previous assessed
$2,856,000
+15.9% YoY
Effective rate
1.13%
On assessed value
Assessed land
$583,800
Assessed improvement
$2,726,600
Total market value
$3,454,600
Applied tax rate
21.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1.45 ac (63,162 SF)
Zoning code
B
APN
OCOC0634999013
UPID
US92-0400542
Jurisdiction
WAUKESHA
Zoning & alternative use
B · Oconomowoc, WI
Zoning B · permitted uses
B · Oconomowoc, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oconomowoc. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.45 ac
Current owner
From public records · entity-resolved
Nordstrom Coming Soon LLC
Entity
Mailing address
6135 OVERLOOK CT, GREENDALE, WI 53129-2135
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
$3,400,000
Nordstrom Coming Soon LLC
B & B Properties Oconomowoc LLC
Warranty Deed
$2,210,000 · Landmark Cu
Sep 25, 2020
—
B & B Properties Oconomowoc LLC
—
Deed
related
$4,443,300 · Cibm Bk
Sep 23, 2020
—
B&b Properties Oconomowoc LLC
—
Deed
related
$6,072,750 · Cibm Bank
Jan 5, 2017
—
B B Properties Oconomowoc LLC
—
Deed
related
$2,100,000 · First Bank Financial Centre
Nov 6, 2013
$2,390,000
B & B Props Oconomowoc LLC
Waterstone Bk Ssb
Warranty Deed
$2,151,000 · Waterstone Bank
Jun 9, 2009
—
Waterstone Bank Ssb
State Of Wisconsin Dept/transport
Quit Claim Deed
related
—
Nov 6, 2006
—
Wauwatosa Savings Bank
Main Street R/e Holdings LLC
Quit Claim Deed
related
—
—
—
B & B Props Oconomowoc LLC
—
Deed Of Trust
related
$255,877 · B&b Investment Props LLC
—
—
B & B Props Oconomowoc LLC
—
Deed Of Trust
related
—
—
—
B & B Properties Oconomowoc LLC
—
Deed Of Trust
related
$4,443,300 · Cibm Bk
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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