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Property profile & analytics
OFF-MARKET
Office buildings
511 Grand Ave Waukesha, WI 53186-4916
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US92-0179645
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
FRAME
Total area
1,053 SF
Lot
0.11 ac (4,792 SF)
Zoning code
RM-3
APN
WAKC1308134
UPID
US92-0179645
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
-
Brain Injury Resource Center of Wisconsin, Inc. Charitable Organization Social Service Agency
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
Brain Injury Resoruce Center Of Wis · 9 yrs held
Brain Injury Resoruce Center Of Wis
since 2016
3 recorded transactions
Zoning & alternative use
RM-3 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for multi family residential development at densities not exceeding 21.8 dwelling units per net acre for efficiency apartments, 17.4 dwelling units per net acre for one bedroom apartments, and 14.5 dwelling units per net acre for two bedroom apartments, and 12.4 dwelling units per net acre for three bedroom or larger apartments, 9.7 dwelling units…
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
220.82 ac
Source
Realmo
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
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
1,053 SF
Lot
0.11 ac (4,792 SF)
Zoning code
RM-3
APN
WAKC1308134
UPID
US92-0179645
Jurisdiction
WAUKESHA
Zoning & alternative use
RM-3 · Waukesha, WIZoning RM-3 · permitted uses
RM-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 multi family residential development at densities not exceeding 21.8 dwelling units per net acre for efficiency apartments, 17.4 dwelling units per net acre for one bedroom apartments, and 14.5 dwelling units per net acre for two bedroom apartments, and 12.4 dwelling units per net acre for three bedroom or larger apartments, 9.7 dwelling units per net acre for two family units and 5.5 dwelling units per net acre for single family dwellings
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
220.82 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Brain Injury Resoruce Center Of Wis
Individual
Mailing address
511 N GRAND AVE, WAUKESHA, WI 53186-4916
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2016
$149,000
Brain Injury Resoruce Center Of Wis
Frank M Cappozzo
Warranty Deed
$150,000 · Citizens Bank
Feb 21, 2006
—
Frank M Cappozzo
—
Trustees Deed
related
$86,105 · Associated Bank
Aug 16, 2000
$110,000
Frank M Cappozzo
Lovas,robert J
Grant Deed
$77,000 · Waukesha State 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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