Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,175,000
Manufacturing properties
2800 160th St New Berlin, WI 53151-3604
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-1040218
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Total area
139,020 SF
Lot
6.28 ac (273,426 SF)
Zoning code
M1
APN
NBC 1192006
UPID
US92-1040218
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.79M
Comparable Approach
Comparable
$16.62M
Blend (final)
Blend
$12.18M
Owner & transaction history
2900 S 160th Owner LP · 4 yrs held
2900 S 160th Owner LP
since 2021
Last sale
$12.2M
6 recorded transactions
Zoning & alternative use
M1 · New Berlin, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$17.7M
+6.4%
Warehouse, storage
$16.9M
+1.7%
Commercial (general)
$16.7M
+0.6%
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 New Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Berlin 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
$15,755,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,435,000
6.5%
$7,790,000
7%
$7,230,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$16,625,000
Current use
RETAIL STORES
$17,690,000
Change: +6% · Conversion: Moderate
WAREHOUSE, STORAGE
$16,900,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$16,715,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$12.18M
Range $10.96M – $13.39M · ±10% · vs last sale $12.20M (Nov 8 2021)
Last sale anchor
$12.20M
Nov 8 2021
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
$88 / 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
$59,054
Tax year 2023
Applied tax rate
3,925.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Heating
NONE
Total area
139,020 SF
Lot
6.28 ac (273,426 SF)
Zoning code
M1
APN
NBC 1192006
UPID
US92-1040218
Jurisdiction
WAUKESHA
Zoning & alternative use
M1 · New Berlin, WIZoning M1 · permitted uses
M1 · New Berlin, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$16.6M
RETAIL STORES
Est. value
$17.7M
WAREHOUSE, STORAGE
Est. value
$16.9M
COMMERCIAL (GENERAL)
Est. value
$16.7M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
6.28 ac
Current owner
From public records · entity-resolved
2900 S 160th Owner LP
Entity
Mailing address
700 N PEARL STN1650, DALLAS, TX 75201-2824
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2021
$12,200,000
2900 S 160th Owner LP
Wmi Milwaukee LLC
Special Warranty Deed
$281,400,000 · Truist Bank
Nov 5, 2019
—
Wmi Milwaukee LLC
—
Deed
related
$60,089,250 · Capital One Bank NA
Oct 30, 2019
—
Wmi Milwaukee LLC
—
Deed
related
$60,089,250 · Ccc One Invtrs LLC
Feb 6, 2015
$6,653,000
Wmi Milwaukee LLC
Centerpoint Properties Trust
Grant Deed
—
May 3, 2001
$5,350,000
Centerpoint Properties Trust
Velvac INC
Grant Deed
—
—
—
Wmi Milwaukee LLC
—
Deed Of Trust
related
$60,089,250 · Ccc One Invtrs LLC
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 2800 160th St?
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.
