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Property profile & analytics
OFF-MARKET
Industrial properties
905 Thomas St, Wausau, WI 54403-6450
Entity Owned
1-yr Hold
Free & Clear
Property ID
US92-1411208
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
1.72 ac (74,923 SF)
Zoning code
UDD
APN
291-2907-364-0397
UPID
US92-1411208
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Beer Belly Properties LLC · 1 yrs held
Beer Belly Properties LLC
since 2025
7 recorded transactions
Zoning & alternative use
UDD · Wausau, 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 Wausau submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wausau 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$32,628
Tax year 2023
Assessed value
$1,275,900
Assessed 2023
Previous assessed
$1,275,900
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$307,400
Assessed improvement
$968,500
Land market value
$368,546
Improvement market value
$1,161,149
Total market value
$1,529,695
Applied tax rate
291.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1.72 ac (74,923 SF)
Zoning code
UDD
APN
291-2907-364-0397
UPID
US92-1411208
Jurisdiction
MARATHON
Zoning & alternative use
UDD · Wausau, WI
Zoning UDD · permitted uses
UDD · Wausau, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wausau. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.72 ac
Current owner
From public records · entity-resolved
Beer Belly Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
901 E THOMAS ST, WAUSAU, WI 54403-6450
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
—
Beer Belly Properties LLC
—
Deed
related
$200,000 · Nicolet National Bank
Mar 28, 2025
—
Beer Belly Properties LLC
Kurt Mueller
Quitclaim Deed
related
—
Jan 31, 2025
$251,000
Kurt Mueller
Bull Falls Properties LLC
Deed
related
—
May 19, 2023
—
Bull Falls Properties LLC
—
Deed
related
$100,000 · Donald D Zamzow Etal
Nov 6, 2017
—
Bull Falls Properties LLC
—
Deed
related
$1,045,000 · Portage Cnty Bk
May 10, 2016
—
Bull Falls Properties LLC
—
Deed
related
$1,779,051 · River Valley Bank
Jan 27, 2016
—
Bull Falls Properties LLC
Jenny LLC
Quit Claim Deed
related
—
Dec 29, 2005
$50,000
Yach Premier Properties LLC
Thomas Street Props LLP
Warranty Deed
—
Dec 12, 2005
$525,000
Jenny LLC
Superior Props Of Laona LLC
Warranty Deed
—
—
—
Bull Falls Properties LLC
—
Deed Of Trust
related
$1,191,500 · River Valley Bank
—
—
Bull Falls Properties LLC
—
Deed Of Trust
related
$400,000 · City Of Wausau
—
—
Bull Falls Properties LLC
—
Deed Of Trust
related
$355,500 · River Valley Bank
—
—
Bull Falls Properties LLC
—
Deed Of Trust
related
$1,045,000 · Portage Cnty Bk
—
—
Bull Falls Properties LLC
—
Deed Of Trust
related
$210,000 · Wisconsin Business Dev Finance
—
—
Bulls Falls Properties LLC
—
Deed Of Trust
related
$50,000 · Integrity First 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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