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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Strip malls
301 Wn St Waukesha, WI 53188-5196
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US92-0572542
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Total area
11,991 SF
Lot
1.43 ac (62,291 SF)
Zoning code
B-3
APN
WAKC1306940
UPID
US92-0572542
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
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.23M
Owner & transaction history
Axiom Waukesha LLC · 10 yrs held
Axiom Waukesha LLC
since 2015
2 recorded transactions
Zoning & alternative use
B-3 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for the orderly and attractive grouping at appropriate locations of businesses offering a wider range of retail products and services than are provided in neighborhood business districts offering comparison shopping items, the character, appearance, and operation of a shopping center should be compatible with surrounding residential areas
Zone name
Community Business
General category
COMMERCIAL
Zone area
90.24 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$2.0M
+96.4%
Medical building
$2.0M
+91.7%
Restaurant
$1.9M
+86.8%
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
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,035,000
Current use
COMMERCIAL (GENERAL)
$2,030,000
Change: +96% · Conversion: Easy
MEDICAL BUILDING
$1,980,000
Change: +92% · Conversion: Difficult
RESTAURANT
$1,930,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,755,000
Change: +70% · Conversion: Difficult
WAREHOUSE, STORAGE
$965,000
Change: -6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$955,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±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
$102 / 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
$44,179
Tax year 2023
Assessed value
$2,905,900
Assessed 2023
Previous assessed
$2,807,400
+3.5% YoY
Effective rate
1.52%
On assessed value
Assessed land
$506,900
Assessed improvement
$2,399,000
Total market value
$3,008,490
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
11,991 SF
Lot
1.43 ac (62,291 SF)
Zoning code
B-3
APN
WAKC1306940
UPID
US92-0572542
Jurisdiction
WAUKESHA
Zoning & alternative use
B-3 · Waukesha, WIZoning B-3 · permitted uses
B-3 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for the orderly and attractive grouping at appropriate locations of businesses offering a wider range of retail products and services than are provided in neighborhood business districts offering comparison shopping items, the character, appearance, and operation of a shopping center should be compatible with surrounding residential areas
Zone name
Community Business
General category
COMMERCIAL
Zone area
90.24 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$965,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$955,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Axiom Waukesha LLC
Entity
Mailing address
100 TRI STATE INTL STE #200, LINCOLNSHIRE, IL 60069-4405
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2025
—
Axiom Waukesha LLC
—
Deed
related
$33,930,000 · Jpmorgan Chase Bank NA
Aug 31, 2015
$29,000,000
Axiom Waukesha LLC
Styza Family LP
Grant Deed
$22,600,000 · Keybank USA
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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