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Property profile & analytics
OFF-MARKET
Estimated value
$3,380,000
Manufacturing properties
5500 Westridge Dr New Berlin, WI 53151-7900
Entity Owned
11-yr Hold
Free & Clear
Property ID
US92-3487812
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1996
Total area
37,440 SF
Lot
4.21 ac (183,388 SF)
Zoning code
M1
APN
NBC 1260990011
UPID
US92-3487812
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.48M
Blend (final)
Blend
$3.38M
Owner & transaction history
Rhh Holdings II LLC · 11 yrs held
Rhh Holdings II LLC
since 2014
6 recorded transactions
Zoning & alternative use
M1 · New Berlin, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.8M
+6.4%
Warehouse, storage
$4.6M
+1.7%
Commercial (general)
$4.5M
+0.6%
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 New Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Berlin 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,475,000
Current use
RETAIL STORES
$4,765,000
Change: +6% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,550,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,500,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$3.38M
Range $3.04M – $3.72M · ±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
$90 / 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
$28,643
Tax year 2023
Applied tax rate
3,925.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1996
Heating
NONE
Bathrooms
4
Total area
37,440 SF
Lot
4.21 ac (183,388 SF)
Zoning code
M1
APN
NBC 1260990011
UPID
US92-3487812
Jurisdiction
WAUKESHA
Zoning & alternative use
M1 · New Berlin, WIZoning M1 · permitted uses
M1 · New Berlin, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.5M
RETAIL STORES
Est. value
$4.8M
WAREHOUSE, STORAGE
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.5M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1996
Heating
NONE
Bathrooms
4
Lot
4.21 ac
Current owner
From public records · entity-resolved
Rhh Holdings II LLC
Entity
Free & Clear · 11 yrs held
Mailing address
5500 S WESTRIDGE DR, NEW BERLIN, WI 53151-7900
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Sep 18, 2014
$2,350,000
Rhh Holdings II LLC
Global Real Estate LLC
Grant Deed
—
Sep 5, 2006
$2,400,000
Global Real Estate LLC
Ddw Properties LLC
Grant Deed
$1,772,250 · Associated Bank
Apr 20, 2001
$1,985,000
Ddw Properties LLC
Global Real Estate Inv INC
Grant Deed
—
Apr 13, 2001
—
Ddw Properties LLC
—
Deed Of Trust
related
$1,600,000 · Firstar Bank
—
—
Global Real Estate LLC
—
Deed Of Trust
related
$300,000 · Associated Bank
—
—
Global Real Estate LLC
—
Deed Of Trust
related
—
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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