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Property profile & analytics
OFF-MARKET
Commercial real estate
5 Ridgway Ct Ste D Elkhorn, WI 53121-1571
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-0353854
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
APN
YWEO 00001D
UPID
US92-0353854
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
-
Tonia Andre - State Farm Insurance Agent Insurance Agency
-
The Wellness Pointe Alternative Medicine Practice
-
Simply Nourished Functional Nutrition | Samantha Schleiger MS, RDN, CD, CLT, IFNCP Physician
-
AXA Equitable Insurance Agency
-
Simply Nourished Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gbs Properties LLC · 6 yrs held
Gbs Properties LLC
since 2019
Last sale
$65,000
6 recorded transactions
Zoning & alternative use
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 Elkhorn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkhorn 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$967
Tax year 2023
Assessed value
$65,000
Assessed 2023
Previous assessed
$65,000
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$15,500
Assessed improvement
$49,500
Applied tax rate
221.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
APN
YWEO 00001D
UPID
US92-0353854
Jurisdiction
WALWORTH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
Gbs Properties LLC
Entity
Mailing address
105 ELM ST, ELKHORN, WI 53121-1615
Ownership since
2019
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 14, 2019
$65,000
Gbs Properties LLC
Kevin D Netteshelm
Warranty Deed
$35,000 · First National Bank
Dec 21, 2015
$60,000
Kevin D Nettesheim
Fitzsimmons Law Office LLC
Condominium Deed
$48,000 · Walworth State Bank
Apr 4, 2011
$59,800
Fitzsimmons Law Office LLC
Michael J Fitzsimmons
Quit Claim Deed
related
—
Apr 4, 2011
—
Michael J Fitzsimmons
Lakeland Builders Assn INC
Warranty Deed
$59,680 · Jpmorgan Chase Bank NA
Apr 4, 2011
$59,680
Michael J Fitzsimmons
Lakeland Builders Association INC
Warranty Deed
—
Jan 30, 2009
$72,000
Michael J Fitzsimmons
Lakeland Builders Assn
Land Contract
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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