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Property profile & analytics
OFF-MARKET
Automotive properties
1900 Main St Waukesha, WI 53186-3906
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-1996591
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1947
Total area
1,220 SF
Lot
2.04 ac (88,645 SF)
Zoning code
B-5
APN
WAKC1005240
UPID
US92-1996591
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
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
Specialized Auto LLC · 20 yrs held
Specialized Auto LLC
since 2005
7 recorded transactions
Zoning & alternative use
B-5 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for the orderly and attractive grouping at appropriate locations along principle highway routes and through highways of those businesses and customer services which are logically related and dependent upon highway traffic or which are specifically designated to serve the needs of such traffic
Zone name
Community Business
General category
COMMERCIAL
Zone area
514.87 ac
Source
Realmo
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
$11,434
Tax year 2023
Assessed value
$755,800
Assessed 2023
Previous assessed
$755,100
+0.1% YoY
Effective rate
1.51%
On assessed value
Assessed land
$667,100
Assessed improvement
$88,700
Total market value
$782,482
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1947
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
1,220 SF
Lot
2.04 ac (88,645 SF)
Zoning code
B-5
APN
WAKC1005240
UPID
US92-1996591
Jurisdiction
WAUKESHA
Zoning & alternative use
B-5 · Waukesha, WIZoning B-5 · permitted uses
B-5 · 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 the orderly and attractive grouping at appropriate locations along principle highway routes and through highways of those businesses and customer services which are logically related and dependent upon highway traffic or which are specifically designated to serve the needs of such traffic
Zone name
Community Business
General category
COMMERCIAL
Zone area
514.87 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
Specialized Auto LLC
Entity
Mailing address
1940 E MAIN ST, WAUKESHA, WI 53186-3906
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2024
—
Futura II LLC
—
Deed
related
$2,300,000 · Waukesha State Bank
Jul 25, 2019
—
Futura II LLC
—
Grant Deed
related
$2,389,893 · Waukesha St Bk
Oct 19, 2016
—
Griffin Ford INC
—
Trustees Deed
related
$1,871,923 · Waukesha St Bk
Sep 20, 2012
—
Futura II LLC
—
Grant Deed
related
$1,500,000 · Waukesha St Bk
Aug 30, 2005
$257,000
Specialized Auto LLC
William T Stier
Warranty Deed
$205,000 · Sunset Bank & Savings
—
—
James T Griffin
—
Loan Modification
related
—
—
—
James T Griffin
—
Loan Modification
related
—
—
—
Futura II LLC
—
Deed Of Trust
related
$225,000 · Waukesha St Bk
—
—
Stier,william T SR & Judi A
—
Deed Of Trust
related
$126,300 · Equitable Bk
—
—
Futura II LLC
—
Deed Of Trust
related
$500,000 · Waukesha St Bk
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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