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Property profile & analytics
OFF-MARKET
Estimated value
$6,530,000
Industrial properties
3000 114th St Wauwatosa, WI 53222-4209
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US92-0883215
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1965
Total area
88,000 SF
Lot
4.33 ac (188,615 SF)
APN
299-9967-12
UPID
US92-0883215
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.52M
CAP Approach
CAP
$4.93M
Comparable Approach
Comparable
$7.32M
Blend (final)
Blend
$6.53M
Owner & transaction history
Wauwatosa Tdc LLC · 5 yrs held
Wauwatosa Tdc LLC
since 2021
Last sale
$6.5M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.5M
+119.1%
Retail stores
$9.5M
+97.7%
Medical building
$9.1M
+89.1%
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 Wauwatosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wauwatosa 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
$8,240,000
ML approach
$8,520,000
CAP Approach
CAP Return
Estimation
6%
$5,340,000
6.5%
$4,930,000
7%
$4,580,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,790,000
Current use
AUTO REPAIR, GARAGE
$10,495,000
Change: +119% · Conversion: Easy
RETAIL STORES
$9,470,000
Change: +98% · Conversion: Moderate
MEDICAL BUILDING
$9,060,000
Change: +89% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,190,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,975,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$6.53M
Range $5.88M – $7.18M · ±10% · vs last sale $6.50M (Apr 16 2021)
Last sale anchor
$6.50M
Apr 16 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
$74 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$83,715
Tax year 2022
Assessed value
$3,844,200
Assessed 2022
Previous assessed
$3,844,200
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$1,127,900
Assessed improvement
$2,716,300
Total market value
$4,555,800
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1965
Total area
88,000 SF
Lot
4.33 ac (188,615 SF)
APN
299-9967-12
UPID
US92-0883215
Jurisdiction
MILWAUKEE
Zoning & alternative use
Zoning · permitted uses
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
$4.8M
AUTO REPAIR, GARAGE
Est. value
$10.5M
RETAIL STORES
Est. value
$9.5M
MEDICAL BUILDING
Est. value
$9.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.2M
COMMERCIAL (GENERAL)
Est. value
$8.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1965
Lot
4.33 ac
Current owner
From public records · entity-resolved
Wauwatosa Tdc LLC
Entity
Mailing address
3885 N BROOKFIELD RD STE #200, BROOKFIELD, WI 53045-1983
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2021
$6,500,000
Wauwatosa Tdc LLC
Alro Steel Corporation
Warranty Deed
$7,532,600 · Tri City National 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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