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Property profile & analytics
OFF-MARKET Estimated value $1,260,000
Turn key restaurants

2423 Kossow Rd Waukesha, WI 53186-2904

5,470 SF 1.85 ac lot Built 2007
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US92-0518564
Property summary
AI-generated overview

This exceptional 4,864 square foot restaurant property in Waukesha, Wisconsin, is available for $1,895,000 ($389.60/sq ft). Located at 2423 Kossow Rd, 53186, this single-story building sits in a high-traffic area with convenient access to I-94 and Highway 18, near the Goerke's Corners interchange. The property is zoned B-5 Community Business, offering flexibility for various uses. Previously a Mexican restaurant, it boasts attractive outdoor seating and the potential for a drive-thru, given its original Steak n' Shake construction. Its prime location offers excellent visibility and proximity to major retailers including Target, Menards, and Carmax, ensuring high foot traffic and potential for strong returns. This presents a unique opportunity for a savvy investor or business owner seeking a well-situated, established space with significant upside potential. The property's size and location make it ideal for a variety of restaurant concepts or other retail businesses. Serious inquiries are encouraged.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Total area 5,470 SF
Lot 1.85 ac (80,586 SF)
Zoning code B-5
APN WAKC1127017
UPID US92-0518564
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
  • Casa Tequila Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.26M
Owner & transaction history
Camcor LLC · 8 yrs held
Camcor LLC
since 2017
7 recorded transactions
2017
$1.4M
2011
Price N/A
2007
$780,000
2006
$8.9M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-5 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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