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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Flex space
901 Niagara St Waukesha, WI 53186-3817
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US92-0878089
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1948
Total area
21,760 SF
Lot
1.34 ac (58,370 SF)
Zoning code
M-2
APN
WAKC1003117
UPID
US92-0878089
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
-
Ki Pumps & Systems Inc Building Supply
-
Interstate Pump & Tank Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$1.17M
Owner & transaction history
Niagara 901 LLC · 9 yrs held
Niagara 901 LLC
since 2017
4 recorded transactions
Zoning & alternative use
M-2 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,320,000
6.5%
$1,220,000
7%
$1,130,000
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±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
$54 / 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
$13,038
Tax year 2023
Assessed value
$855,200
Assessed 2023
Previous assessed
$711,600
+20.2% YoY
Effective rate
1.52%
On assessed value
Assessed land
$249,800
Assessed improvement
$605,400
Total market value
$885,392
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
1948
Heating
YES
Cooling
NONE
Stories
1
Total area
21,760 SF
Lot
1.34 ac (58,370 SF)
Zoning code
M-2
APN
WAKC1003117
UPID
US92-0878089
Jurisdiction
WAUKESHA
Zoning & alternative use
M-2 · Waukesha, WI
Zoning M-2 · permitted uses
M-2 · 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
1948
Heating
YES
Cooling
Yes
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Niagara 901 LLC
Entity
Mailing address
901 NIAGARA ST, WAUKESHA, WI 53186-3817
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2024
—
Niagara 901 LLC
—
Deed
related
$396,000 · Old National Bank
May 26, 2017
$700,000
Niagara 901 LLC
M L Enterprises LLC
Warranty Deed
$560,000 · Park Bank
—
—
M
—
Deed Of Trust
related
$346,459 · Delafield State Bank
—
—
M
—
Deed Of Trust
related
$800,000 · Delafield State Bank
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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