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Property profile & analytics
OFF-MARKET
Commercial real estate
137 Oakridge Dr North Prairie, WI 53153-9792
Entity Owned
11-yr Hold
Free & Clear
Property ID
US92-1298095
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
3.43 ac (149,280 SF)
Zoning code
B
APN
NPV 1565021
UPID
US92-1298095
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
-
Jaeger Gretchen DVM Veterinary Clinic
-
Prairie Animal Hospital Veterinary Clinic
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
S Raabe Holdings LLC · 11 yrs held
S Raabe Holdings LLC
since 2015
4 recorded transactions
Zoning & alternative use
B · North Prairie, 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 North Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Prairie 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
$4,807
Tax year 2023
Assessed value
$432,700
Assessed 2023
Previous assessed
$432,700
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$81,000
Assessed improvement
$351,700
Total market value
$511,100
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
3.43 ac (149,280 SF)
Zoning code
B
APN
NPV 1565021
UPID
US92-1298095
Jurisdiction
WAUKESHA
Zoning & alternative use
B · North Prairie, WI
Zoning B · permitted uses
B · North Prairie, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Prairie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
3.43 ac
Current owner
From public records · entity-resolved
S Raabe Holdings LLC
Entity
Free & Clear · 11 yrs held
Mailing address
137 N OAKRIDGE DR, NORTH PRAIRIE, WI 53153-9792
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2015
$188,200
S Raabe Holdings LLC
Jaeger Gretchen
Warranty Deed
—
Apr 6, 2015
—
S Raabe Holdings LLC
Steven P Raabe
Quit Claim Deed
related
—
Apr 2, 1998
—
Thomas A Roder
Hendrickson,rita M & Leslie G
Grant Deed
related
—
—
—
Steven P Raabe
—
Deed Of Trust
related
$134,966 · Us Bank NA Nd
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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