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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Warehouses
96th County Line Rd Menomonee Falls, WI 53051-1025
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US92-0422292
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2017
Total area
10,321 SF
Lot
75.62 ac (3,294,007 SF)
APN
MNFV0021990001
UPID
US92-0422292
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
$700k
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$755k
Owner & transaction history
Jerry & Colleen Epping R & E LLC · 5 yrs held
Jerry & Colleen Epping R & E LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.2M
+43.9%
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 Menomonee Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menomonee Falls 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%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$860,000
Current use
INDUSTRIAL (GENERAL)
$1,235,000
Change: +44% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$73 / 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
$14,277
Tax year 2023
Assessed value
$1,284,600
Assessed 2023
Previous assessed
$1,018,000
+26.2% YoY
Effective rate
1.11%
On assessed value
Assessed land
$333,000
Assessed improvement
$951,600
Total market value
$1,332,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
NONE
Buildings
2
Stories
2
Rooms
6
Total area
10,321 SF
Lot
75.62 ac (3,294,007 SF)
APN
MNFV0021990001
UPID
US92-0422292
Jurisdiction
WAUKESHA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$860,000
INDUSTRIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
2017
Heating
NONE
Stories
2
Buildings
2
Rooms
6
Lot
75.62 ac
Current owner
From public records · entity-resolved
Jerry & Colleen Epping R & E LLC
Entity
Mailing address
7530 288TH AVE, SALEM, WI 53168-9532
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
—
Jerry & Colleen Epping Real Estate
—
Deed
related
$5,500,000 · Compeer Financial Flca
Jun 7, 2022
—
Jerry & Colleen Epping Real Estate
—
Deed
related
$3,200,000 · Compeer Financial Pca
Jan 12, 2021
—
Jerry & Colleen Epping R & E LLC
Jerome J Epping
Quit Claim Deed
—
Nov 19, 2019
—
Jerome J Epping
—
Deed
related
$12,524,532 · Compeer Financial Flca
Nov 11, 2019
—
Jerome J Epping
—
Deed
related
—
Jun 20, 2019
—
Jerome J Epping
—
Deed
related
$9,724,532 · Compeer Fin'l Flca
Apr 27, 2017
—
Jerome J Epping
—
Trustees Deed
related
$1,000,000 · Badgerland Fin'l
Jul 19, 2016
—
Jerome J Epping
—
Trustees Deed
related
$1,000,000 · Badgerland Fin'l
Nov 23, 2010
$712,000
Jerome J Epping
Johnson Bk
Warranty Deed
related
—
Mar 1, 2010
$709,650
Johnson Bk
Sheriff Of Waukesha County
Trustees Deed
related
—
—
—
Jerome J Epping
—
Deed Of Trust
related
$9,724,532 · Compeer Fin'l Flca
—
—
Jerome J Epping
—
Deed Of Trust
related
—
—
—
Jerome J Epping
—
Deed Of Trust
related
$463,000 · Badgerland Fin'l
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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