Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,960,000
Investment properties
1930 Bluemound Rd Waukesha, WI 53186-8756
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-3391611
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1996
Total area
12,000 SF
Lot
1.58 ac (68,825 SF)
Zoning code
MM-1
APN
WAKC0964997
UPID
US92-3391611
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
-
Studio A5 Hotel & Motel Resort
-
AMP'd Limited Acadamy of Performance Dance and Fitness Theater & Performing Art Venue Training Center
-
Pediatric Acupuncture & CranioSacral Physician
-
UTHOLOGY: Jennifer Hipp, PA Medical Clinic
-
Golden Rey Energy Center | Brookfield West Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.20M
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$1.96M
Owner & transaction history
Bliss Dev LLC · 6 yrs held
Bliss Dev LLC
since 2019
5 recorded transactions
Zoning & alternative use
MM-1 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.9M
+61.0%
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%
$2,375,000
6.5%
$2,195,000
7%
$2,035,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,785,000
Current use
OFFICE BUILDING
$2,870,000
Change: +61% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,670,000
Change: -6% · Conversion: Moderate
RETAIL STORES
$1,525,000
Change: -14% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,435,000
Change: -20% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,430,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.96M
Range $1.76M – $2.16M · ±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
$163 / 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
$17,564
Tax year 2023
Assessed value
$1,163,100
Assessed 2023
Previous assessed
$1,065,700
+9.1% YoY
Effective rate
1.51%
On assessed value
Assessed land
$224,000
Assessed improvement
$939,100
Total market value
$1,204,162
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1996
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
12,000 SF
Lot
1.58 ac (68,825 SF)
Zoning code
MM-1
APN
WAKC0964997
UPID
US92-3391611
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
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
OFFICE BUILDING
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1996
Heating
YES
Cooling
Yes
Stories
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Bliss Dev LLC
Entity
Mailing address
3305 WILSHIRE RD, BROOKFIELD, WI 53045-2518
Ownership since
2019
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
Sep 4, 2019
$1,200,000
Bliss Dev LLC
1930 Building LLC
Warranty Deed
$1,020,000 · Harvest Small Busn Fin LLC
Dec 19, 2017
$1,550,000
1930 Building LLC
Jag III LLC
Warranty Deed
—
Apr 5, 2006
$1,522,000
Jag III LLC
1930 Real Estate LLC
Warranty Deed
—
—
—
Jag III LLC
—
Deed Of Trust
related
$800,000 · Town Bank
—
—
Jag III LLC
—
Loan Modification
related
$1,000,000 · Town 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1930 Bluemound Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
