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Property profile & analytics
FOR SALE
Commercial real estate
1519 Washington St West Bend, WI 53095-2615
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0036671
For Sale
1 / 38
$775,000
1519 Washington St, West Bend, WI 53095-2615
View Listing →
Property summary
AI-generated overview
This exceptional Class A office building, located at 1519 E. Washington St. in West Bend, Wisconsin, offers 1,700 square feet of immediately available space in a prime location. Built in 2006, the Riverpoint Office Building boasts a total of 3,500 square feet across a 2-acre lot. The property is situated in Washington County and features a traditional office layout, also suitable for executive office needs or professional practices. The building's "A" classification reflects its high-quality construction and modern amenities. The available space is perfect for a business seeking a move-in ready solution. Multiple tenants currently occupy the building, creating a vibrant and collaborative atmosphere. The address is easily accessible, providing excellent visibility and convenient access for clients and employees. This is an exceptional opportunity to secure high-quality office space in a thriving Wisconsin community. The 1,700 square feet of vacant space presents a unique chance to customize the layout to meet specific business requirements. Don't miss this chance to establish your business in this desirable location. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Construction
WOOD
Total area
2,771 SF
Lot
0.65 ac (28,314 SF)
APN
1120-182-0004
UPID
US92-0036671
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
-
Dollar Tree Discount Store
-
Red Oak Counseling of Wisconsin Medical Clinic
-
Frenchy's Tattoos & Co LLC Tattoo & Piercing Shop
-
Catholic Charities West Bend Area Office - serving Washington County Social Service Agency Charitable Organization
-
Lynn Gillian-Nowak Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Chris M Cochran · 20 yrs held
Chris M Cochran
since 2005
1 recorded transaction
Zoning & alternative use
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 West Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Bend 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
by Request
ML approach
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$101 / 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
$6,001
Tax year 2023
Assessed value
$267,200
Assessed 2023
Previous assessed
$267,200
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$68,800
Assessed improvement
$198,400
Land market value
$114,906
Improvement market value
$389,139
Total market value
$504,045
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2004
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
2,771 SF
Lot
0.65 ac (28,314 SF)
APN
1120-182-0004
UPID
US92-0036671
Jurisdiction
WASHINGTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Lot
0.65 ac
Current owner
From public records · entity-resolved
Chris M Cochran
Individual
Free & Clear · 20 yrs held
Mailing address
1876 SHALOM DR, WEST BEND, WI 53090-9006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2005
—
Chris M Cochran
Cochran Chris M & Sally N
Quit Claim Deed
related
—
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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