Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6261 State Rd 60 Cedarburg, WI 53012-8804
    Back to Search
    Property profile & analytics

    6261 State Rd 60, Cedarburg, WI 53012-8804

    View on Map
    • Commercial real estate
    • 4.34 lot acres
    Off-Market
    Property ID
    US92-1226487
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6261 State Rd 60

    Lot size
    4.34 lot acres
    Property type
    Commercial real estate
    APN
    03-022-01-005.00
    APU
    30220100500

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 25, 2012 — Newview Rentals Klotz,mark A Warranty Deed · related —
    May 20, 2009 — Klotz,mark A Klotz,janet L Quit Claim Deed · related —
    Dec 23, 1998 $303,900 Janet L Klotz Hubacek,jean E & David L Grant Deed —
    — — Mark A Klotz — Deed Of Trust · related $304k · Individual
    — — Klotz,mark A — Deed Of Trust · related $362k · Janet L Klotz
    — — Newview Rentals — Deed Of Trust · related $50k · Port Washington St Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cedarburg
    County
    Ozaukee
    State
    Wisconsin
    Longitude
    -87.9877
    Latitude
    43.3222
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,276
    $408,700
    $889,600
    $1,298,300
    -
    $0.00
    $0.00
    $1,320,900

    Comparable in this City

    • Value Estimation by Request
      4.02 Acres

      37th Hamilton Rd

      COMMERCIAL (GENERAL)
      37th Hamilton Rd, Cedarburg, WI 53012-2536
      View Details
    • Value Estimation by Request
      1.99 Acres

      44th Hamilton Rd

      COMMERCIAL (GENERAL)
      44th Hamilton Rd, Cedarburg, WI 53012-2452
      View Details
    • Value Estimation by Request
      3.53 Acres

      7359 State Rd 60

      COMMERCIAL (GENERAL)
      7359 State Rd 60, Cedarburg, WI 53012-9702
      View Details
    • Value Estimation by Request
      4.15 Acres

      7811 State Rd 60th, Unit 7861

      COMMERCIAL (GENERAL)
      7811 State Rd 60th, Cedarburg, WI 53012-9305
      View Details
    • Value Estimation by Request
      6.32 Acres

      N14258-142 Washington Ave

      COMMERCIAL (GENERAL)
      N14258-142 Washington Ave, Cedarburg, WI 53012
      View Details
    • Value Estimation by Request
      4.56 Acres

      N286-94 Washington Ave

      COMMERCIAL (GENERAL)
      N286-94 Washington Ave, Cedarburg, WI 53012
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28,268 SF

      Cedarburg Warehouse Space Available

      24,068 square foot warehouse space for lease.
      535 Struck Ln, Cedarburg, WI 53012
      View Details
    • Contact for pricing

      Vacant Land Parcel For Sale

      Large vacant land parcel with great exposure and access.
      Highway 60, Cedarburg, WI 53012
      View Details
    • $2,500,000
      8.69 Acres

      Prime Cedarburg Commercial Land

      8.69 Acres, B-2 Zoning, High Traffic
      0 State Hwy 60 & County Rd, Cedarburg, WI 53012
      View Details
    • Contact for pricing

      Industrial Land in TIF District

      Industrial land for sale in Cedarburg, located in TIF district.
      State Hwy 60, Cedarburg, WI 53012
      View Details
    • $435,000
      974,437 SF

      Secluded Acreage for Estate or Farm

      22.37 acres ideal for estate, farm, or land portfolio.
      Lt1 Country Aire Dr, Cedarburg, WI 53012
      View Details
    • Contact for pricing
      3,100 SF

      Cedarburg Retail Property For Sale

      Retail property with drive-thru lanes in a growing area.
      7955 State Road 60, Cedarburg, WI 53012
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Global Network of Flexible Workspaces

      Tailored office spaces with coworking, meeting rooms, and virtual office options.
      W57N14280 Doerr Way, Cedarburg, WI 53012
      View Details
    • Contact for pricing
      2,000 SF

      New Retail Space Available

      New construction retail space with ample parking and signage.
      8611 State Road 60, Cedarburg, WI 53012
      View Details
    • Sponsored
      Contact for pricing

      WI, Cedarburg - Doerr Way

      Discover many ways to work your way in WI, Cedarburg - Doerr Way
      W57 Doerr Way, Cedarburg, WI 53012
      View Details
    • $9 SF/Yr
      12,740 SF

      Cedarburg Office Suites Available

      Prime Cedarburg location, flexible office space.
      248 Washington Ave, Cedarburg, WI 53012
      View Details
    • $12 SF/Yr
      12,740 SF

      Prime Cedarburg Office Space

      Multiple suites, 442-3,345 sq ft
      248 Washington Ave, Cedarburg, WI 53012
      View Details
    • Contact for pricing
      86,700 SF

      Cedarburg Warehouse Space Available

      86,700 SF warehouse with easy highway access in Cedarburg.
      Forward Way, Cedarburg, WI 53012
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6261 State Rd 60
    Cedarburg, WI 53012-8804
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6261 State Rd 60, Cedarburg, WI, 53012
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!