Back to Search
Property profile & analytics
FOR SALE
Golf courses & driving ranges
1601 E Main St Waukesha, WI 53186
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0017655
For Sale
1 / 9
Contact for pricing
1601 E Main St, Waukesha, WI 53186
View Listing →
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1991
Construction
FRAME
Total area
510 SF
Lot
17.96 ac (782,338 SF)
Zoning code
M-3
APN
WAKC1007009001
UPID
US92-0017655
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
-
Swing Time Golf & Baseball Golf Course
-
Grower's Best Christmas Trees Home Decor Store Party Supply 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
Senco Dev LLC · 19 yrs held
Senco Dev LLC
since 2007
7 recorded transactions
Zoning & alternative use
M-3 · Waukesha, 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 Waukesha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukesha 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
$9,088
Tax year 2023
Assessed value
$460,700
Assessed 2023
Previous assessed
$380,300
+21.1% YoY
Effective rate
1.97%
On assessed value
Assessed land
$418,800
Assessed improvement
$41,900
Total market value
$476,964
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
For Sale
Year built
1991
Construction
FRAME
Heating
YES
Cooling
NONE
Stories
1
Total area
510 SF
Lot
17.96 ac (782,338 SF)
Zoning code
M-3
APN
WAKC1007009001
UPID
US92-0017655
Jurisdiction
WAUKESHA
Zoning & alternative use
M-3 · Waukesha, WI
Zoning M-3 · permitted uses
M-3 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waukesha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
17.96 ac
Current owner
From public records · entity-resolved
Senco Dev LLC
Entity
Mailing address
1139 DRESSER AVE, WAUKESHA, WI 53188-4983
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2007
—
Senco Dev LLC
—
Trustees Deed
related
$330,000 · Lincoln State Bank
Mar 28, 2007
$86,500
Senco Dev LLC
Swing Time II INC
Warranty Deed
$86,500 · Swing Time II INC
Nov 28, 2006
$850,000
Senco Dev LLC
Swing Time II INC
Warranty Deed
$2,320,000 · Lincoln State Bank
—
—
Swing Time II INC
—
Deed Of Trust
related
—
—
—
Swing Time II INC
—
Deed Of Trust
related
—
—
—
Senco Development LLC
—
Deed Of Trust
related
$150,000 · Lincoln State Bank
—
—
Senco Development LLC
—
Deed Of Trust
related
$70,000 · Lincoln State Bank
—
—
Swing Time III LLC
—
Deed Of Trust
related
—
—
—
Swing Time II INC
—
Deed Of Trust
related
$400,000 · First Bank Of Oconomowoc
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
