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Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Commercial real estate
138 Elkhorn Rd Eagle, WI 53119-2059
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-2022863
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.04 ac (88,862 SF)
Zoning code
B
APN
EGLV1815956
UPID
US92-2022863
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
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
138 Elkhorn Road LLC · 1 yrs held
138 Elkhorn Road LLC
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
B · Eagle, 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 Eagle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagle 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
$1,650,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.65M
Range $1.49M – $1.82M · ±10% · vs last sale $1.65M (Oct 8 2024)
Last sale anchor
$1.65M
Oct 8 2024
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
—
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
$15,470
Tax year 2023
Assessed value
$1,180,900
Assessed 2023
Previous assessed
$1,180,900
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$206,600
Assessed improvement
$974,300
Total market value
$1,712,600
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2.04 ac (88,862 SF)
Zoning code
B
APN
EGLV1815956
UPID
US92-2022863
Jurisdiction
WAUKESHA
Zoning & alternative use
B · Eagle, WI
Zoning B · permitted uses
B · Eagle, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eagle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
2.04 ac
Current owner
From public records · entity-resolved
138 Elkhorn Road LLC
Entity
Mailing address
9945 N VLY HL DR, MEQUON, WI 53092-5350
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2024
$1,650,000
138 Elkhorn Road LLC
Homer Street Properties LLC
Warranty Deed
$1,320,000 · Johnson Bank
Aug 16, 2022
—
Homer Street Properties LLC
—
Deed
related
$1,360,000 · Fox Communities Cu
Feb 19, 2021
$575,000
Homer Street Properties LLC
Bruce G Gallagher
Warranty Deed
$920,000 · Fox Communities Cu
Dec 13, 2013
$1,107,500
Bruce G Gallagher
Rwr Rentals LLC
Warranty Deed
$830,700 · Landmark Cu
Apr 7, 2006
—
Ralph W Raush
Rwr Rentals II LLC
Quit Claim Deed
related
—
Feb 19, 2001
$1,070,000
Rwr Rentals II LLC
Fiore,leslie V
Grant Deed
$856,000 · M & I Marshall & Isley Bank
May 14, 1998
$1,075,000
Leslie V Fiore
Kpk Investments
Grant Deed
$860,000 · M & I Marshall & Isley Bank
—
—
Rwr Rentals LLC
—
Deed Of Trust
related
$731,000 · St Francis 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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