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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Manufacturing properties
1901 Pr Ave 4 Waukesha, WI 53189-7479
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US92-0857784
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1971
Total area
11,652 SF
Lot
2.97 ac (129,373 SF)
Zoning code
M-2
APN
WAKC1354103004
UPID
US92-0857784
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
-
Weldall Mfg., Inc. Plant 2 Industrial Manufacturer Production Facility
-
Profile Finishing Systems Painting Service General Contractor
-
US Filter-Envirex Home Appliance Store Hardware & Home Improvement
-
Central States Shipping and Receiving Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
$655k
Comparable Approach
Comparable
$488k
Blend (final)
Blend
$560k
Owner & transaction history
Triple D Management LLC · 11 yrs held
Triple D Management LLC
since 2015
7 recorded transactions
Zoning & alternative use
M-2 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for manufacturing and industrial development of a more general and less restrictive nature than the M-1 Limited Manufacturing District in those areas where the relationship to surrounding land use would create fewer problems of compatibility, the M-2 District shall not abut directly upon residential districts
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
1,179.67 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
Method
Estimation
Statistic approach
by Request
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$655,000
7%
$605,000
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$48 / 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
$13,124
Tax year 2023
Assessed value
$865,300
Assessed 2023
Previous assessed
$481,500
+79.7% YoY
Effective rate
1.52%
On assessed value
Assessed land
$188,500
Assessed improvement
$676,800
Total market value
$895,849
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1971
Heating
YES
Cooling
NONE
Stories
1
Total area
11,652 SF
Lot
2.97 ac (129,373 SF)
Zoning code
M-2
APN
WAKC1354103004
UPID
US92-0857784
Jurisdiction
WAUKESHA
Zoning & alternative use
M-2 · Waukesha, WIZoning M-2 · permitted uses
M-2 · 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 and industrial development of a more general and less restrictive nature than the M-1 Limited Manufacturing District in those areas where the relationship to surrounding land use would create fewer problems of compatibility, the M-2 District shall not abut directly upon residential districts
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
1,179.67 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1971
Heating
YES
Cooling
Yes
Stories
1
Lot
2.97 ac
Current owner
From public records · entity-resolved
Triple D Management LLC
Entity
Mailing address
2001 S PR AVE, WAUKESHA, WI 53189-7307
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2020
—
Triple D Management LLC
—
Deed
related
$18,200,000 · Johnson Bk
Dec 26, 2018
—
Triple D Management LLC
—
Deed
related
$2,368 · Johnson Bk
Apr 28, 2015
$760,000
Triple D Management LLC
Cascade Holdings LLC
Condominium Deed
$2,368,000 · Johnson Bank
Sep 18, 2013
—
Cascade Holdings LLC
1901 Prairie LLC
Deed In Lieu Of Foreclosure
—
Feb 12, 2009
—
1901 Prairie LLC
—
Deed Of Trust
related
$5,737,500 · Midwest Bank & Trust Co
—
—
Triple D Management LLC
—
Loan Modification
related
$2,368 · Johnson Bk
—
—
Triple D Management LLC
—
Loan Modification
related
$18,200,000 · Johnson 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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