Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Office buildings
720 Clinton St Waukesha, WI 53186-4707
Entity Owned
21-yr Hold
Free & Clear
Property ID
US92-0037039
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1905
Total area
5,174 SF
Lot
0.17 ac (7,405 SF)
Zoning code
B-2
APN
WAKC1308279
UPID
US92-0037039
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
-
Lori J. Fabian Law Firm
-
Hippenmeyer Reilly Blum Schmitzer & Fabian S.C. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$765k
Owner & transaction history
Mbrs Law LLC · 21 yrs held
Mbrs Law LLC
since 2004
7 recorded transactions
Zoning & alternative use
B-2 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide appropriate regulations to ensure the compatibility of the diverse uses typical of the downtown area without inhibiting the development of commercial, cultural, entertainment, and other urban activities which contribute to its role as the heart of the City
Zone name
Central Business
General category
COMMERCIAL
Zone area
69.73 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
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
OFFICE BUILDING
$1,240,000
Current use
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$148 / 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
$5,729
Tax year 2023
Assessed value
$377,000
Assessed 2023
Previous assessed
$279,700
+34.8% YoY
Effective rate
1.52%
On assessed value
Assessed land
$99,600
Assessed improvement
$277,400
Total market value
$390,309
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
1905
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
5,174 SF
Lot
0.17 ac (7,405 SF)
Zoning code
B-2
APN
WAKC1308279
UPID
US92-0037039
Jurisdiction
WAUKESHA
Zoning & alternative use
B-2 · Waukesha, WIZoning B-2 · permitted uses
B-2 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide appropriate regulations to ensure the compatibility of the diverse uses typical of the downtown area without inhibiting the development of commercial, cultural, entertainment, and other urban activities which contribute to its role as the heart of the City
Zone name
Central Business
General category
COMMERCIAL
Zone area
69.73 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
OFFICE BUILDING Current
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
1905
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mbrs Law LLC
Entity
Free & Clear · 21 yrs held
Mailing address
720 CLINTON ST, WAUKESHA, WI 53186-4707
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2026
—
Mbrs Law LLC
—
Deed
related
$50,000 · First Federal Bank Of Wisconsin
Jan 4, 2021
—
Mbrs Law LLC
—
Deed
related
$230,000 · First Federal Bank
Apr 5, 2017
—
Mbrs Law LLC
—
Deed
related
$184,082 · Waukesha State Bank
Jun 11, 2009
—
Mbrs Law LLC
—
Trustees Deed
related
$75,000 · Sunset Bank & Savings
Oct 25, 2004
$200,000
Mbrs Law LLC
Hippenmeyer Reilly Moodie & Bl
Grant Deed
—
Oct 25, 2004
—
Mbrs Law LLC
Reilly,william F
Warranty Deed
related
$200,000 · Sunset Bank & Savings
Feb 16, 1999
$200,000
Hippenmeyer Reilly
Reilly,william F
Grant Deed
related
—
—
—
Mbrs Law LLC
—
Deed Of Trust
related
$22,000 · Sunset Bank & Savings
—
—
Mbrs Law LLC
—
Deed Of Trust
related
$210,000 · Waukesha State Bank
—
—
Mbrs Law LLC
—
Deed Of Trust
related
$241,683 · Sunset Bank & Savings
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 720 Clinton St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
