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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
1337 Pearl St Waukesha, WI 53186-5613
Entity Owned
4-yr Hold
Free & Clear
Property ID
US92-0039366
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1949
Total area
4,000 SF
Lot
0.27 ac (11,761 SF)
Zoning code
M-2
APN
WAKC1304993
UPID
US92-0039366
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
-
Quality Fireplace Roof & Chimney Services General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Minise Properties LLC · 4 yrs held
Minise Properties LLC
since 2022
Last sale
$269,000
6 recorded transactions
Zoning & alternative use
M-2 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for manufacturing and industrial development of a more general and less restrictive nature than the M-1 Limited Manufacturing District in those areas where the relationship to surrounding land use would create fewer problems of compatibility, the M-2 District shall not abut directly upon residential districts
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
1,179.67 ac
Source
Realmo
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
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
$3,729
Tax year 2023
Assessed value
$247,100
Assessed 2023
Previous assessed
$231,700
+6.6% YoY
Effective rate
1.51%
On assessed value
Assessed land
$41,200
Assessed improvement
$205,900
Total market value
$255,824
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1949
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,000 SF
Lot
0.27 ac (11,761 SF)
Zoning code
M-2
APN
WAKC1304993
UPID
US92-0039366
Jurisdiction
WAUKESHA
Zoning & alternative use
M-2 · Waukesha, WIZoning M-2 · permitted uses
M-2 · 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 manufacturing and industrial development of a more general and less restrictive nature than the M-1 Limited Manufacturing District in those areas where the relationship to surrounding land use would create fewer problems of compatibility, the M-2 District shall not abut directly upon residential districts
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
1,179.67 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1949
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Minise Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1337 PEARL ST, WAUKESHA, WI 53186-5613
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
—
Minise Properties LLC
—
Deed
related
$235,000 · Waterstone Bank Ssb
Jan 18, 2022
—
Minise Properties LLC
Quality Fireplace INC
Quit Claim Deed
related
—
Jul 24, 2020
$269,000
Quality Fireplace INC
Pearl Enterprises LLC
Warranty Deed
$201,750 · Spring Bank
Sep 7, 2007
$227,500
Pearl Ents LLC
Camtec INC
Warranty Deed
—
Aug 7, 2007
$76,300
Camtec INC
Campbell,patricia
Quit Claim Deed
related
—
—
—
Camtec INC
—
Deed Of Trust
related
$160,000 · Waukesha State Bank
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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