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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Office buildings
1611 Silvernail Rd Pewaukee, WI 53072-5519
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-0775419
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
5,118 SF
Lot
1.61 ac (70,132 SF)
Zoning code
B-4
APN
WAKC0973007001
UPID
US92-0775419
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
-
Community Medical Services Medical Clinic
-
Dr. Harinder Gill Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.25M
Owner & transaction history
Silvernail Venture LLC · 4 yrs held
Silvernail Venture LLC
since 2022
Last sale
$1.4M
2 recorded transactions
Zoning & alternative use
B-4 · Pewaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Residential District. § 340-4.16 Rm-3 Multiple-Family Residential District. § 340-4.17 B-1 Neighborhood Business District. § 340-4.18 B-2 Community Business District. § 340-4.19 B-3 General Business District. § 340-4.20 B-4 Office District. § 340-4.21 B-5 Highway Business District. § 340-4.22 B-6 Mixed-Use Business District. § 340-4.23 M-1 General Wholesale…
Zone name
Office
General category
COMMERCIAL
Zone area
295.87 ac
Top alternative use upside
Restaurant
$1.4M
+34.5%
Apartment house (5+ units)
$1.3M
+20.9%
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 Pewaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pewaukee 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,165,000
7%
$1,085,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,040,000
Current use
RESTAURANT
$1,395,000
Change: +35% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,255,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10% · vs last sale $1.40M (Apr 18 2022)
Last sale anchor
$1.40M
Apr 18 2022
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
$243 / 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
$21,467
Tax year 2023
Previous assessed
$1,548,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,118 SF
Lot
1.61 ac (70,132 SF)
Zoning code
B-4
APN
WAKC0973007001
UPID
US92-0775419
Jurisdiction
WAUKESHA
Zoning & alternative use
B-4 · Pewaukee, WIZoning B-4 · permitted uses
B-4 · Pewaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Residential District. § 340-4.16 Rm-3 Multiple-Family Residential District. § 340-4.17 B-1 Neighborhood Business District. § 340-4.18 B-2 Community Business District. § 340-4.19 B-3 General Business District. § 340-4.20 B-4 Office District. § 340-4.21 B-5 Highway Business District. § 340-4.22 B-6 Mixed-Use Business District. § 340-4.23 M-1 General Wholesale Business/Warehouse District. § 340-4.24 M-2 Limited Industrial District. § 340-4.25
Zone name
Office
General category
COMMERCIAL
Zone area
295.87 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2003
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Silvernail Venture LLC
Entity
Mailing address
800 W BROADWAY STE #500, MONONA, WI 53713-2021
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2022
$1,400,000
Silvernail Venture LLC
Prime Financial Credit Union
Special Warranty Deed
$1,575,000 · Mound City Bank
Jan 10, 2012
—
Finl Cu Prime
Prime Finl Cu
Quit Claim Deed
—
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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