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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Apartment buildings
1341 Camden Way Waukesha, WI 53186-6860
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-3453252
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1981
Total area
4,998 SF
Lot
0.29 ac (12,632 SF)
Zoning code
RM-3 (PUD)
APN
WAKC1349010
UPID
US92-3453252
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$595k
Owner & transaction history
Ppm Properties Waukesha LLC · 2 yrs held
Ppm Properties Waukesha LLC
since 2024
5 recorded transactions
Zoning & alternative use
RM-3 (PUD) · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$745,000
+6.9%
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
$620,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$760,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$695,000
Current use
COMMERCIAL (GENERAL)
$745,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$635,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$595,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$119 / 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
$5,808
Tax year 2023
Assessed value
$385,000
Assessed 2023
Previous assessed
$380,000
+1.3% YoY
Effective rate
1.51%
On assessed value
Assessed land
$130,200
Assessed improvement
$254,800
Total market value
$398,592
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1981
Heating
BASEBOARD
Cooling
CENTRAL
Stories
2
Units
4
Rooms
16
Bathrooms
8
Total area
4,998 SF
Lot
0.29 ac (12,632 SF)
Zoning code
RM-3 (PUD)
APN
WAKC1349010
UPID
US92-3453252
Jurisdiction
WAUKESHA
Zoning & alternative use
RM-3 (PUD) · Waukesha, WI
Zoning RM-3 (PUD) · permitted uses
RM-3 (PUD) · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waukesha. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$695,000
COMMERCIAL (GENERAL)
Est. value
$745,000
RETAIL STORES
Est. value
$635,000
WAREHOUSE, STORAGE
Est. value
$595,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1981
Heating
BASEBOARD
Cooling
Yes
Stories
2
Units
4
Rooms
16
Bathrooms
8
Lot
0.29 ac
Current owner
From public records · entity-resolved
Ppm Properties Waukesha LLC
Entity
Free & Clear · 2 yrs held
Mailing address
503 GDN PR DR, WAUKESHA, WI 53186-6830
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2024
—
Ppm Properties Waukesha LLC
William A Price
Quitclaim Deed
related
—
Jul 30, 2021
$365,000
William Price
Stevens Trust
Deed
$273,750 · Johnson Bank
Aug 14, 2013
—
Stevens,richard B & Edna M Trust
Stevens,richard B & Edna M
Quit Claim Deed
related
—
Apr 16, 1999
$252,000
Hung Nguyen
Munshi,charul A & Neena C
Grant Deed
—
—
—
Richard B Stevens
—
Deed Of Trust
related
$184,000 · Wells Fargo 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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