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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office buildings
259 Ss St Waukesha, WI 53186-4824
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US92-0064221
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
4,223 SF
Lot
0.11 ac (4,792 SF)
Zoning code
B-2
APN
WAKC1305462
UPID
US92-0064221
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
-
Orange Hat Publishing | TEN16 Press Publishing House Printing Service
-
Thrive Architects Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$824k
Blend (final)
Blend
$620k
Owner & transaction history
259 Properties LLC · 7 yrs held
259 Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
B-2 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide appropriate regulations to ensure the compatibility of the diverse uses typical of the downtown area without inhibiting the development of commercial, cultural, entertainment, and other urban activities which contribute to its role as the heart of the City
Zone name
Central Business
General category
COMMERCIAL
Zone area
69.73 ac
Source
Realmo
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$147 / 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
$4,291
Tax year 2023
Assessed value
$284,200
Assessed 2023
Previous assessed
$235,000
+20.9% YoY
Effective rate
1.51%
On assessed value
Assessed land
$77,700
Assessed improvement
$206,500
Total market value
$294,233
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,223 SF
Lot
0.11 ac (4,792 SF)
Zoning code
B-2
APN
WAKC1305462
UPID
US92-0064221
Jurisdiction
WAUKESHA
Zoning & alternative use
B-2 · Waukesha, WIZoning B-2 · permitted uses
B-2 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide appropriate regulations to ensure the compatibility of the diverse uses typical of the downtown area without inhibiting the development of commercial, cultural, entertainment, and other urban activities which contribute to its role as the heart of the City
Zone name
Central Business
General category
COMMERCIAL
Zone area
69.73 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
259 Properties LLC
Entity
Mailing address
63RD COLLEGE AVE, MUSKEGO, WI 53150-8362
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
—
259 Properties LLC
—
Deed
related
$165,000 · Landmark Cu
Dec 13, 2018
$235,000
259 Properties LLC
Shiny Side Up Creative LLC
Warranty Deed
$188,000 · Waukesha State Bank
Sep 16, 2015
$160,000
Shiny Side Up Creative LLC
Reeves And Klvlin Property Manageme
Warranty Deed
$130,000 · Bmo Harris Bank NA
Jun 6, 2013
$120,000
Reeves & Kivlin Property Mgmt
Vallozzi,andrew A JR
Warranty Deed
—
Sep 28, 2007
$295,000
Andrew A Vallozzi JR.
Ava Advertising INC
Warranty Deed
—
May 3, 2005
$295,000
Ava Advertising INC
Sommers,james R
Warranty Deed
$273,515 · James R Sommers
—
—
Reeves & Kivlin Prop Mgmt LLC
—
Deed Of Trust
related
$25,000 · Waukesha State Bank
—
—
Reeves & Kivlin Prop Mgmt LLC
—
Deed Of Trust
related
$98,000 · Waukesha 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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