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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Flex space
401 Pilot Ct Waukesha, WI 53188-2481
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US92-0280687
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1989
Total area
17,230 SF
Lot
2.33 ac (101,495 SF)
Zoning code
M-3
APN
WAKC0997078
UPID
US92-0280687
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
-
Vyron Corporation HVAC Service General Contractor
-
Spring City Family Dental Dental Office
-
Deanne Blazek Dental Office
-
Dr. Derek Schmidt Dental Office
-
Chris Collingwood Family & Cosmetic Dentistry Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
$965k
Comparable Approach
Comparable
$900k
Blend (final)
Blend
$825k
Owner & transaction history
Carmon Capital LLC · 13 yrs held
Carmon Capital LLC
since 2012
5 recorded transactions
Zoning & alternative use
M-3 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$610,000
CAP Approach
CAP Return
Estimation
6%
$1,045,000
6.5%
$965,000
7%
$895,000
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$48 / 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
$15,217
Tax year 2023
Assessed value
$1,003,500
Assessed 2023
Previous assessed
$851,900
+17.8% YoY
Effective rate
1.52%
On assessed value
Assessed land
$305,500
Assessed improvement
$698,000
Total market value
$1,038,927
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
17,230 SF
Lot
2.33 ac (101,495 SF)
Zoning code
M-3
APN
WAKC0997078
UPID
US92-0280687
Jurisdiction
WAUKESHA
Zoning & alternative use
M-3 · Waukesha, WI
Zoning M-3 · permitted uses
M-3 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waukesha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.33 ac
Current owner
From public records · entity-resolved
Carmon Capital LLC
Entity
Mailing address
401 PILOT CT STE B, WAUKESHA, WI 53188-2481
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2012
$695,000
Carmon Capital LLC
Land Holding
Grant Deed
related
$500,000 · Investors Community Bank
Oct 26, 2011
—
Holding Land
Kdo Properties LLC
Warranty Deed
—
Apr 19, 2005
$1,100,000
Kdo Properties LLC
Sbc Ptshp
Warranty Deed
$1,000,000 · Anchor Bank Fsb
—
—
Carmon Capital LLC
—
Loan Modification
related
$525,000 · Investors Community Bank
—
—
Carmon Capital LLC
—
Loan Modification
related
$420,000 · Investors Community 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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