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Property profile & analytics
OFF-MARKET
Commercial real estate
20090 Lincoln Ave New Berlin, WI 53146-1725
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-0224601
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Total area
12,480 SF
Lot
4.59 ac (199,940 SF)
Zoning code
M1
APN
NBC 1171995
UPID
US92-0224601
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
Wma Properties LLC · 4 yrs held
Wma Properties LLC
since 2022
Last sale
$138,300
7 recorded transactions
Zoning & alternative use
M1 · New Berlin, WI
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 New Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Berlin 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
$21,619
Tax year 2023
Assessed value
$982,500
Assessed 2023
Previous assessed
$982,500
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$267,000
Assessed improvement
$715,500
Total market value
$1,137,700
Applied tax rate
3,925.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Bathrooms
1
Total area
12,480 SF
Lot
4.59 ac (199,940 SF)
Zoning code
M1
APN
NBC 1171995
UPID
US92-0224601
Jurisdiction
WAUKESHA
Zoning & alternative use
M1 · New Berlin, WI
Zoning M1 · permitted uses
M1 · New Berlin, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Berlin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Cooling
Yes
Units
1
Bathrooms
1
Lot
4.59 ac
Current owner
From public records · entity-resolved
Wma Properties LLC
Entity
Mailing address
230TH MOLLA DR, WAUKESHA, WI 53189-9679
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2025
—
Wma Properties LLC
—
Deed
related
$1,364,987 · Alerus Financial NA
Jan 5, 2022
—
Wma Properties LLC
William Beaudry
Quit Claim Deed
related
—
Aug 31, 2021
—
William B Beaudry
—
Deed
related
$975,000 · Home Fsb
Jul 3, 2019
—
William Beaudry
—
Deed
related
$325,000 · Home Fsb
Dec 10, 2004
—
William B Beaudry
—
Trustees Deed
related
$685,000 · Maritime Savings Bank
Dec 9, 1999
$138,300
William Beaudry
Knudson,mark J
Grant Deed
—
Oct 26, 1999
$125,000
Mark J Knudson
Knudson,mark & Margaret A
Grant Deed
related
$117,000 · Investorsbank
—
—
William B Beaudry
—
Deed Of Trust
related
$120,000 · Bank One Wisconsin
—
—
William Beaudry
—
Deed Of Trust
related
$325,000 · Home Fsb
—
—
William B Beaudry
—
Deed Of Trust
related
$75,000 · Maritime Savings Bank
—
—
William B Beaudry
—
Deed Of Trust
related
$75,000 · Maritime Savings Bank
—
—
William Beaudry
—
Deed Of Trust
related
$680,000 · Waterstone 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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