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Property profile & analytics
OFF-MARKET
Estimated value
$1,795,000
Auto shops
1706 Pearl St Waukesha, WI 53186-5626
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-1016523
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1995
Total area
13,320 SF
Lot
7.41 ac (322,780 SF)
Zoning code
MM-1
APN
WAKC1299022008
UPID
US92-1016523
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
-
Griffin Collision Repair Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Futura LLC · 5 yrs held
Futura LLC
since 2020
7 recorded transactions
Zoning & alternative use
MM-1 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+23.2%
Medical building
$2.2M
+15.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,900,000
Current use
RESTAURANT
$2,340,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$2,200,000
Change: +16% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,670,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.80M
Range $1.62M – $1.97M · ±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
$135 / 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
$49,602
Tax year 2023
Assessed value
$3,269,500
Assessed 2023
Previous assessed
$2,992,100
+9.3% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,270,900
Assessed improvement
$1,998,600
Total market value
$3,384,926
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1995
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
13,320 SF
Lot
7.41 ac (322,780 SF)
Zoning code
MM-1
APN
WAKC1299022008
UPID
US92-1016523
Jurisdiction
WAUKESHA
Zoning & alternative use
MM-1 · Waukesha, WI
Zoning MM-1 · permitted uses
MM-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.7M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1995
Heating
YES
Cooling
Yes
Stories
1
Lot
7.41 ac
Current owner
From public records · entity-resolved
Futura LLC
Entity
Mailing address
1940 E MAIN ST, WAUKESHA, WI 53186-3906
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2020
—
Futura LLC
—
Deed
related
$1,643,169 · Waukesha State Bank
May 10, 2018
—
Sba Structures LLC
—
Deed
related
—
Oct 19, 2016
—
Griffin Ford INC
—
Deed Of Trust
related
$1,871,923 · Waukesha St Bk
—
—
Futura LLC
—
Deed Of Trust
related
$625,000 · Waukesha State Bank
—
—
Sba Structures LLC
—
Loan Modification
related
—
—
—
Futura LLC
—
Deed Of Trust
related
$500,000 · Waukesha State Bank
—
—
Futura LLC
—
Deed Of Trust
related
$1,435,000 · Waukesha State Bank
—
—
Futura LLC
—
Deed Of Trust
related
$500,000 · 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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