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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Warehouses
1604 Arcadian Ave Waukesha, WI 53186-1474
Entity Owned
3-yr Hold
Free & Clear
Property ID
US92-1162631
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
6,000 SF
Lot
0.87 ac (37,897 SF)
Zoning code
M-1
APN
WAKC1298032
UPID
US92-1162631
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
-
Hitch'N'Go Trailers LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$715k
Blend (final)
Blend
$680k
Owner & transaction history
Arcadian Avenue Holdings LLC · 3 yrs held
Arcadian Avenue Holdings LLC
since 2023
Last sale
$615,000
5 recorded transactions
Zoning & alternative use
M-1 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for manufacturing, industrial, and related uses of a limited nature and size, which on the basis of actual physical and operational characteristics would not be detrimental to the surrounding area or to the city as a whole by reason of smoke, noise, dust, odor, traffic, physical appearance, or other similar factors
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
384.36 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$890,000
+24.6%
Apartment house (5+ units)
$835,000
+16.6%
Retail stores
$765,000
+6.7%
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
Method
Estimation
Statistic approach
$715,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$715,000
Current use
COMMERCIAL (GENERAL)
$890,000
Change: +25% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$835,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$765,000
Change: +7% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$715,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $615k (Jul 12 2023)
Last sale anchor
$615k
Jul 12 2023
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
$113 / 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
$5,820
Tax year 2023
Previous assessed
$282,800
Total market value
$391,862
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
YES
Cooling
NONE
Stories
1
Total area
6,000 SF
Lot
0.87 ac (37,897 SF)
Zoning code
M-1
APN
WAKC1298032
UPID
US92-1162631
Jurisdiction
WAUKESHA
Zoning & alternative use
M-1 · Waukesha, WIZoning M-1 · permitted uses
M-1 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for manufacturing, industrial, and related uses of a limited nature and size, which on the basis of actual physical and operational characteristics would not be detrimental to the surrounding area or to the city as a whole by reason of smoke, noise, dust, odor, traffic, physical appearance, or other similar factors
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
384.36 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$890,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$835,000
RETAIL STORES
Est. value
$765,000
INDUSTRIAL (GENERAL)
Est. value
$715,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Arcadian Avenue Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4355 PEAVEY RD, CHASKA, MN 55318-2330
Ownership since
2023
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
Jul 12, 2023
$615,000
Arcadian Avenue Holdings LLC
Diesel Ventures LLC
Warranty Deed
—
May 12, 2022
$460,000
Diesel Ventures LLC
Wind Chill 90 LLC
Warranty Deed
$900,000 · Ergo Bank
Oct 25, 2021
—
Schroeder Trust
Wind Chill 90 LLC
Transfer On Death Deed
—
Nov 30, 2009
—
Wind Chill 90 LLC
Schroeder,david L & Carol J
Warranty Deed
—
—
—
Wind Chill 90 LLC
—
Deed Of Trust
related
$109,039 · Waukesha State 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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