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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Commercial real estate
1302 60th St, West Allis, WI 53214-3438
Entity Owned
~
Est. High Equity
Property ID
US92-0561849
Property summary
AI-generated overview
This exceptional investment opportunity presents a fully leased, licensed daycare center in West Allis, Wisconsin. Located at 1302 S 60th St, this 1,900 square foot facility sits on a 0.16-acre lot and boasts a capacity of 33 children, as per the occupancy permit. The property includes multiple classroom areas, a fenced playground, three restrooms, an office, and signage, ensuring a complete and functional operation. Ten parking spaces are available on-site for staff and parents. All current furniture is included in the sale, making this a turnkey operation. The property is zoned C-3 and features a convenient bus stop location. The APN is 438-0311-001. This single-tenant property offers a strong return on investment with a proven operational history. The sale price is $600,000. This is a rare opportunity to acquire a thriving business in a high-demand market. Serious inquiries only.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.16 ac (7,187 SF)
APN
438-0311-001
UPID
US92-0561849
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
-
Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Kripaalu Dev LLC
Kripaalu Dev LLC
since 2025
Last sale
$650,000
3 recorded transactions
Zoning & alternative use
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 West Allis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Allis 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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,579
Tax year 2022
Assessed value
$199,600
Assessed 2022
Previous assessed
$199,600
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$51,700
Assessed improvement
$147,900
Total market value
$278,000
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
0.16 ac (7,187 SF)
APN
438-0311-001
UPID
US92-0561849
Jurisdiction
MILWAUKEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Kripaalu Dev LLC
Entity
Mailing address
3935 W WATERBURY CT, NEW BERLIN, WI 53151-6102
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
$650,000
Kripaalu Dev LLC
General Enterprise Properties LLC
Warranty Deed
$487,500 · Citizens Bank
Jul 1, 2024
—
General Enterprise Properties LLC
Prizm123 LLC
Warranty Deed
—
Nov 16, 2005
$207,000
Prizm123 LLC
Img Properties LLC
Warranty Deed
$170,600 · Landmark Cu
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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