New search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Commercial real estate
207 Grand Ave Wausau, WI 54403-6218
Entity Owned
Absentee Owner
Free & Clear
Property ID
US92-0084368
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Lot
0.49 ac (21,562 SF)
Zoning code
B2
APN
291-2907-362-0367
UPID
US92-0084368
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
-
True North Counseling and Wellness, LLC Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Meverden Properties LLC
Meverden Properties LLC
since 2025
Last sale
$25,000
7 recorded transactions
Zoning & alternative use
B2 · Wausau, 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 Wausau submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wausau 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
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $25k (Jul 24 2025)
Last sale anchor
$25k
Jul 24 2025
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
—
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
$9,513
Tax year 2023
Assessed value
$374,200
Assessed 2023
Previous assessed
$374,200
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$136,100
Assessed improvement
$238,100
Land market value
$163,172
Improvement market value
$285,462
Total market value
$448,634
Applied tax rate
291.0000
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
1968
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.49 ac (21,562 SF)
Zoning code
B2
APN
291-2907-362-0367
UPID
US92-0084368
Jurisdiction
MARATHON
Zoning & alternative use
B2 · Wausau, WI
Zoning B2 · permitted uses
B2 · Wausau, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wausau. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Meverden Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
207 GRAND AVE WAUSAU
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Oct 24, 2025
$25,000
Meverden Properties LLC
T&k Money Mavens LLC
Warranty Deed
—
Sep 18, 2024
—
T&k Money Mavens LLC
North Acquisition LLC
Correction Deed
related
—
Aug 15, 2024
$525,000
T&k Money Mavens LLC
True North Acquisition LLC
Warranty Deed
$500,000 · Peoples State Bank
Feb 8, 2022
—
True North Acquisitions LLC
—
Deed
related
$90,000 · Nicolet National Bank
Jun 7, 2021
—
True North Acquisitions LLC
—
Deed
related
$390,000 · Nicolet National Bank
Dec 18, 2020
$200,000
True North Acquisitions LLC
Rjfc Holding LLC
Warranty Deed
$170,000 · Nicolet National Bank
Jul 27, 2007
$267,000
Rjfc Holdings LLC
Wausau-stettin Mutual Ins
Warranty Deed
$80,000 · Associated 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.
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 207 Grand Ave?
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.
