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Property profile & analytics
OFF-MARKET
Estimated value
$3,355,000
Flex space
2325 Parklawn Dr Waukesha, WI 53186-2941
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US92-3391613
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1987
Total area
65,144 SF
Lot
4.79 ac (208,652 SF)
Zoning code
MM-1
APN
WAKC1127010
UPID
US92-3391613
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
-
Esch Construction Supply - Milwaukee Building Supply Industrial Manufacturer
-
Applied Spectrometry Associates Inc Industrial Manufacturer Production Facility
-
USIC Locating Services Law Firm
-
Exec Search Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Cues Midwest Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.65M
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$3.36M
Owner & transaction history
James Haim · 12 yrs held
James Haim
since 2014
7 recorded transactions
Zoning & alternative use
MM-1 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,955,000
6.5%
$3,650,000
7%
$3,390,000
Blend value · Realmo final
$3.36M
Range $3.02M – $3.69M · ±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
$52 / 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
$46,858
Tax year 2023
Assessed value
$3,088,300
Assessed 2023
Previous assessed
$2,395,600
+28.9% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,825,700
Assessed improvement
$1,262,600
Total market value
$3,197,329
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
65,144 SF
Lot
4.79 ac (208,652 SF)
Zoning code
MM-1
APN
WAKC1127010
UPID
US92-3391613
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.
Building & site characteristics
From public records
Year built
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.79 ac
Current owner
From public records · entity-resolved
James Haim
Individual
Mailing address
PO BOX 265, OCONOMOWOC, WI 53066-0265
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
—
Hilltop Investment Real Estate INC
—
Deed
related
$16,000,000 · National Exchange Bank & Trust
Nov 21, 2024
—
Hilltop Investment Real Estate INC
—
Deed
related
$150,000 · National Exchange Bank & Trust
Jan 10, 2022
—
James Haim
—
Deed
related
$1,093,000 · National Exchange Bank & Trust
Oct 22, 2020
—
James Haim
—
Deed
related
$11,000,000 · National Exchange Bank & Trust
May 7, 2014
—
James Haim
Westbrook Ents LLC
Quit Claim Deed
related
—
Feb 15, 2012
—
Westbrook Ents LLC
—
Trustees Deed
related
$1,092,479 · Layton State Bank
Jul 13, 2005
$3,425,000
Westbrook Ents LLC
Mlg Of Westbrook LLP
Grant Deed
$1,000,000 · State Financial Bank
—
—
Westbrook Ents LLC
—
Deed Of Trust
related
$200,000 · Layton State Bank
—
—
Westbrook Ents LLC
—
Deed Of Trust
related
$3,200,000 · Layton State Bank
—
—
Westbrook Ents LLC
—
Deed Of Trust
related
$2,100,000 · Layton State 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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