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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Commercial real estate
20975 Swenson Dr Waukesha, WI 53186-2034
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US92-1100135
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
3.5 ac (152,634 SF)
Zoning code
B
APN
BKFT1129999012
UPID
US92-1100135
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
-
Patricia Anderson - Morgan Stanley Financial Advisor
-
Michelle A. Maciosek - Morgan Stanley Financial Advisor
-
The Cornerstone Group Milwaukee - Morgan Stanley Financial Advisor
-
The Riverwood Wealth Management Group - Morgan Stanley Financial Advisor
-
Vincent Suter - Morgan Stanley Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Mke Swenson Equities LLC · 7 yrs held
Mke Swenson Equities LLC
since 2019
4 recorded transactions
Zoning & alternative use
B · Waukesha, 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 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
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
—
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
$83,034
Tax year 2023
Assessed value
$8,150,500
Assessed 2023
Previous assessed
$8,150,500
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$646,800
Assessed improvement
$7,503,700
Total market value
$8,630,300
Applied tax rate
18.0000
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
Heating
NONE
Lot
3.5 ac (152,634 SF)
Zoning code
B
APN
BKFT1129999012
UPID
US92-1100135
Jurisdiction
WAUKESHA
Zoning & alternative use
B · Waukesha, WI
Zoning B · permitted uses
B · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
3.5 ac
Current owner
From public records · entity-resolved
Mke Swenson Equities LLC
Entity
Mailing address
833 E MICHIGAN ST STE #500, MILWAUKEE, WI 53202-5619
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2019
$18,465,000
Mke Swenson Equities LLC
Lsop Wi LLC
Trustees Deed
$14,850,000 · Barclays Cap R/e
Mar 13, 2017
—
Lsop Wi LLC
—
Loan Modification
related
$35,085,000 · Miscellaneous Ins Co
Apr 18, 2012
$16,974,500
Lsop Wi LLC
Liberty Property LP
Grant Deed
$46,700,000 · Ing Life Ins & Annunity Co
Nov 17, 2005
$9,300,000
Liberty Property
Tdc III
Grant Deed
—
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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