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Property profile & analytics
OFF-MARKET
Commercial real estate
15280 Bluemound Rd Elm Grove, WI 53122-2351
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US92-0849482
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.3 ac (56,628 SF)
Zoning code
B
APN
EGV 1111024001
UPID
US92-0849482
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
-
Elite Hearing Centers of America by AudioNova Hearing Aid Store Audiologist
-
Culver's Restaurant
-
The Good Feet Store Orthotics & Prosthetics Service
-
ATM Atm Grocery Store
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
Shecterle Coml Props 7 LLC · 12 yrs held
Shecterle Coml Props 7 LLC
since 2014
5 recorded transactions
Zoning & alternative use
B · Elm Grove, 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 Elm Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elm Grove 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
$34,343
Tax year 2023
Assessed value
$2,700,900
Assessed 2023
Previous assessed
$2,700,900
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,699,800
Assessed improvement
$1,001,100
Total market value
$2,990,100
Applied tax rate
23.0000
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
Off-Market
Heating
NONE
Lot
1.3 ac (56,628 SF)
Zoning code
B
APN
EGV 1111024001
UPID
US92-0849482
Jurisdiction
WAUKESHA
Zoning & alternative use
B · Elm Grove, WIZoning B · permitted uses
B · Elm Grove, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.3 ac
Current owner
From public records · entity-resolved
Shecterle Coml Props 7 LLC
Entity
Mailing address
PO BOX 1205, BROOKFIELD, WI 53008-1205
Ownership since
2014
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
May 16, 2023
—
Shecterle Commercial Properties 7 L
—
Deed
related
$1,702,674 · Associated Bank
May 15, 2014
—
Shecterle Coml Props 7 LLC
Kohl,herbert
Quit Claim Deed
related
—
Jul 11, 2012
—
Shecterle Coml Props 7 LLC
Kohl,sidney
Quit Claim Deed
related
—
May 9, 2012
$777,000
Shecterle Coml Props 7 LLC
Kohl,allen
Grant Deed
$2,942,700 · Bmo Harris Bank
—
—
Wisconsin Busn Dev Fin Corp
—
Loan Modification
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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