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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Flex space
803 Corporate Ct Waukesha, WI 53189-5007
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-1169944
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2007
Total area
16,150 SF
Lot
1.48 ac (64,469 SF)
Zoning code
M-3
APN
WAKC1382005003
UPID
US92-1169944
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
-
Kelly Industrial Coatings Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$816k
Blend (final)
Blend
$785k
Owner & transaction history
Kelly Holdings LLC · 3 yrs held
Kelly Holdings LLC
since 2023
6 recorded transactions
Zoning & alternative use
M-3 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$635,000
CAP Approach
CAP Return
Estimation
6%
$980,000
6.5%
$905,000
7%
$840,000
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$49 / 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
$21,934
Tax year 2023
Assessed value
$1,447,000
Assessed 2023
Previous assessed
$1,207,500
+19.8% YoY
Effective rate
1.52%
On assessed value
Assessed land
$209,800
Assessed improvement
$1,237,200
Total market value
$1,498,085
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2007
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
16,150 SF
Lot
1.48 ac (64,469 SF)
Zoning code
M-3
APN
WAKC1382005003
UPID
US92-1169944
Jurisdiction
WAUKESHA
Zoning & alternative use
M-3 · Waukesha, WI
Zoning M-3 · permitted uses
M-3 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waukesha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Stories
1
Lot
1.48 ac
Current owner
From public records · entity-resolved
Kelly Holdings LLC
Entity
Mailing address
1180 TIMBER STONE WAY, HUBERTUS, WI 53033-9568
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
May 26, 2023
—
Kelly Holdings LLC
—
Deed
related
$2,497,146 · Citizens Bank
Jul 21, 2020
—
Kelly Holdings LLC
—
Deed
related
$677,532 · Citizens Bk
Jul 17, 2020
—
Kelly Holdings LLC
—
Deed
related
$347,000 · Private Individual
—
—
Kelly Holdings LLC
—
Loan Modification
related
$677,532 · Citizens Bk
—
—
Kelly Holdings LLC
—
Deed Of Trust
related
$1,002,173 · Citizens Bk/mukwonago
—
—
Kelly Holdings LLC
—
Deed Of Trust
related
$347,000 · Private Individual
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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