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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Industrial properties
194th Mccormick Dr Germantown, WI 53022-2493
Entity Owned
6-yr Hold
Free & Clear
Property ID
US92-0715089
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1994
Total area
26,552 SF
Lot
5 ac (217,800 SF)
APN
GTNV-201994
UPID
US92-0715089
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
$1.05M
Owner & transaction history
Ssnp LLC · 6 yrs held
Ssnp LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Germantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Germantown 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
$40 / 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
$21,591
Tax year 2023
Assessed value
$1,342,500
Assessed 2023
Previous assessed
$1,202,200
+11.7% YoY
Effective rate
1.61%
On assessed value
Assessed land
$475,000
Assessed improvement
$867,500
Land market value
$567,040
Improvement market value
$1,051,577
Total market value
$1,618,617
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1994
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
26,552 SF
Lot
5 ac (217,800 SF)
APN
GTNV-201994
UPID
US92-0715089
Jurisdiction
WASHINGTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Heating
YES
Cooling
Yes
Stories
1
Lot
5 ac
Current owner
From public records · entity-resolved
Ssnp LLC
Entity
Free & Clear · 6 yrs held
Mailing address
73RD LOCUST AVE, CEDARBURG, WI 53012-1015
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2019
$1,345,000
Ssnp LLC
Germantown Properties-mccormic
Warranty Deed
—
Dec 29, 2014
$1,250,000
Germantown Properties-mccormic
Centerpoint Properties Trust
Grant Deed
—
Feb 8, 2008
$1,600,000
Centerpoint Properties Trust
Pic Hldgs INC
Warranty Deed
—
Nov 3, 2004
$1,200,000
Precision Industries Corp
Alleeooper LLC
Warranty Deed
—
Apr 11, 2001
$1,325,000
Trombetta LLC
Larme LLC
Grant Deed
$1,325,000 · Park Bank
—
—
Larme LLC
—
Deed Of Trust
related
$329,100 · Tri City National Bank
—
—
Larme LLC
—
Deed Of Trust
related
$996,500 · Meridian Capital Bank NA
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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