Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1341 Pearl St Waukesha, WI 53186-5613
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Property profile & analytics

    1341 Pearl St Waukesha, WI 53186-5613

    View on Map
    • Warehouses
    • 6,814 SF
    • 0.43 lot acres
    Off-Market
    Property ID
    US92-0544511
    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.
    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    8.6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Vector Electrical Contractors / Electrical Service / General Contractor

    Property Details for 1341 Pearl St

    Year built
    1964
    Construction
    FRAME
    Lot size
    0.43 lot acres
    Property size
    6,814 SF
    Zone code
    M-2
    Property type
    Warehouses
    APN
    WAKC1304995
    APU
    WAKC1304995

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $350,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $500,000
      6.5%
      $465,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $565,000
      Market price range: $478k - $1.33M
      AI Estimate
      $594,000
      Market price range: $346k - $1.33M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $810,000
      Current use
      RETAIL STORES
      $865,000
      Change: +7% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $815,000
      Change: +0% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2084
    Latitude
    43.0072
    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
    $5,776
    $65,600
    $314,500
    $380,100
    -
    $0.00
    $0.00
    $393,519

    Comparable in this City

    • Value Estimation by Request
      175,508 SF

      1717-1718 Pearl St

      Distribution properties • 175,508 SF
      1717-1718 Pearl St, Waukesha, WI 53186
      View Details
    • Value Estimation
      $1,165,000
      16,648 SF

      1415 Ellis St

      WAREHOUSE, STORAGE • 16,648 SF
      1415 Ellis St, Waukesha, WI 53186-5620
      View Details
    • Value Estimation by Request
      2,080 SF

      705 Elm St

      WAREHOUSE, STORAGE • 2,080 SF
      705 Elm St, Waukesha, WI 53186-3812
      View Details
    • Value Estimation by Request
      2,400 SF

      1400 Main St

      WAREHOUSE, STORAGE • 2,400 SF
      1400 Main St, Waukesha, WI 53186-3945
      View Details
    • Value Estimation by Request
      4,468 SF

      1325 Pearl St

      WAREHOUSE, STORAGE • 4,468 SF
      1325 Pearl St, Waukesha, WI 53186-5613
      View Details
    • Value Estimation by Request
      5,140 SF

      1327 Pearl St

      WAREHOUSE, STORAGE • 5,140 SF
      1327 Pearl St, Waukesha, WI 53186-5613
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      41,305 SF

      Waukesha Commercial Property For Sale

      Commercial property in Waukesha, WI, available for sale.
      20825 Swenson Dr, Waukesha, WI 53186
      View Details
    • Contact for pricing
      3,658 SF

      Waukesha Industrial Property For Sale

      Industrial property available for purchase in Waukesha, Wisconsin.
      N8W22520 Johnson Dr, Waukesha, WI 53186
      View Details
    • Contact for pricing
      10,400 SF

      Waukesha Office and Industrial Space

      10,400 SqFt office and industrial space for sale.
      803 W College Ave, Waukesha, WI 53186
      View Details
    • Contact for pricing

      Commercial Lot Near Highway 164

      4.27 AC commercial lot with high traffic count.
      Dolphin Dr, Waukesha, WI 53186
      View Details
    • $194,900
      0.19 Acres

      Waukesha Multifamily Rehab Opportunity

      Four-unit multifamily property in Waukesha, ideal for investors/contractors.
      206 Maple Ave, Waukesha, WI 53186
      View Details
    • Contact for pricing
      49,011 SF

      Waukesha Office Building For Sale

      Value-add investment opportunity with long-term tenants near Goerkes Corners.
      20875 Crossroads Cir, Waukesha, WI 53186
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Pewaukee Flex Space Available

      Flex space, industrial, office, and warehouse property for lease.
      N8 Johnson Dr, Pewaukee, WI 53186
      View Details
    • Contact for pricing

      Waukesha Industrial Property For Sale

      73,800 SF industrial property in Waukesha, Wisconsin.
      1515 Ellis St, Waukesha, WI 53186
      View Details
    • 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
      7,029 SF

      Waukesha County Flexible Space

      Office and warehouse spaces with private entrances and restrooms.
      20900 Swenson Dr, Waukesha, WI 53186
      View Details
    • $5 SF/Yr
      39,900 SF

      Waukesha Warehouse with Drive-In Access

      Warehouse space near downtown Waukesha with convenient highway access.
      515 Frederick St, Waukesha, WI 53186
      View Details
    • Contact for pricing

      High-Visibility Commercial Property For Sale

      Commercial property with updated systems, ideal for various business uses.
      1344 Whiterock Ave, 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.
    1341 Pearl St
    Waukesha, WI 53186-5613
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1341 Pearl St, Waukesha, WI, 53186
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!