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Property profile & analytics
OFF-MARKET Estimated value $550,000
Manufacturing properties

515 Frederick St Waukesha, WI 53186-5607

2.27 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US92-3411398
Property summary
AI-generated overview

This exceptional industrial property, located at 515 Frederick Street in Vernon, Wisconsin, offers a prime opportunity for businesses seeking versatile warehouse and manufacturing space. The building, constructed in 1961, boasts a total of 46,000 square feet, with 18,000 square feet currently available for lease. The two-story structure features a substantial 14-foot ceiling height, providing ample room for storage and operations. The property includes one loading dock and one drive-in door, ensuring efficient loading and unloading of goods. Parking is readily available with 25 spaces on-site. The building is served by robust three-phase, 1200-amp, 480v power (tenant to bear verification). Situated in Waukesha County, Wisconsin, with a zip code of 53186, this location offers convenient access to major transportation routes and a skilled workforce. The property is ideal for a variety of manufacturing and warehousing operations, providing a solid foundation for business growth. The multiple tenancy structure allows for flexibility and potential for collaboration with other businesses. This is a rare opportunity to secure a well-maintained industrial space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 2.27 ac (98,881 SF)
Zoning code M-2
APN WAKC1304089
UPID US92-3411398
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
  • Raybar, Inc. Thread Rolling Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Rjs Holdings II LLC · 3 yrs held
Rjs Holdings II LLC
since 2023
Last sale
$550,000
7 recorded transactions
2023
$550,000
2018
Price N/A
2017
$1.2M
2016
Price N/A
2010
Price N/A
2004
$785,000
1969
Price N/A
Zoning & alternative use
M-2 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

To provide for manufacturing and industrial development of a more general and less restrictive nature than the M-1 Limited Manufacturing District in those areas where the relationship to surrounding land use would create fewer problems of compatibility, the M-2 District shall not abut directly upon residential districts

Zone name General Manufacturing
General category INDUSTRIAL
Zone area 1,179.67 ac
Source Realmo
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