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    985 Regent Rd, Unit 501 Oconomowoc, WI 53066-4617
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    Property profile & analytics

    985 Regent Rd, Unit 501, Oconomowoc, WI 53066-4617

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    • Commercial real estate
    • 1.87 lot acres
    Off-Market
    Last Sale Sep 13, 2024
    $300
    Property ID
    US92-1635175
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Olympia Vacation Owners / Travel Agency

    Property Details for 985 Regent Rd

    Lot size
    1.87 lot acres
    Property type
    Commercial real estate
    APN
    OCOC0614984067
    APU
    OCOC0614984067

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 13, 2024 — Daniel P Lieber Daniel P Lieber Intrafamily Transfer · related —
    Aug 22, 2024 $300 Lydara Turner Jerry M Walker Quit Claim Deed · related —
    Aug 22, 2024 — Vacation Owners Assn INC Edward R Piwonski Quit Claim Deed · related —
    Aug 20, 2024 — Joanne Dada Joanne Dada Intrafamily Transfer · related —
    Aug 2, 2024 $300 Vacation Owners Assn INC Mary L Lee Quit Claim Deed · related —
    Aug 2, 2024 — Meulbroek Trust Linda S Meulbroek Quit Claim Deed · related —
    May 31, 2024 — Vacation Owners Assn INC At Olympia Paul Frickle Quit Claim Deed · related —
    May 21, 2024 $300 Vacation Owners Assn INC At Olympia Donald F Schwinn Quit Claim Deed · related —
    May 21, 2024 $5,000 Donald F Schwinn Vacation Owners Assn INC At Olympia Quit Claim Deed · related —
    Feb 26, 2024 $300 Vacation Owners Assn INC At Olympia Edith A Weitkum Quit Claim Deed · related —
    Feb 13, 2024 $300 Vacation Owners Assn INC At Olympia Mravik Trust Quit Claim Deed · related —
    Nov 20, 2023 — Vacation Owners Assn INC Charles E Knowles Quit Claim Deed · related —
    Sep 29, 2023 — Vacations Owners Assn INC William A Mcconnell Quit Claim Deed · related —
    Aug 17, 2023 — Vacation Owners Assn INC At Olympia Henry A Petzold Quit Claim Deed · related —
    Aug 8, 2023 — Vacation Owners Assn INC Patrick R Curran Quit Claim Deed · related —
    Jun 26, 2023 — Vacation Owners Assn INC At Olympia Michael Rounds Quit Claim Deed · related —
    Jun 26, 2023 $300 Vacation Owners Assn INC At Olympia Leroy Redict JR Quit Claim Deed · related —
    Mar 24, 2023 $300 Vacation Owners Assn INC Barbara Holan Quit Claim Deed —
    Mar 24, 2023 $6,700 Chester T Wyszynski Vacation Owners Assn INC Quit Claim Deed · related —
    Mar 24, 2023 $5,000 Donald S Riggs Vacation Owners Assn INC Quit Claim Deed · related —
    Mar 24, 2023 — Vacation Owners Assn INC Gerald S Babicz Quit Claim Deed · related —
    Mar 6, 2023 — Vacation Owners Assn INC Robin L Way Quit Claim Deed · related —
    Feb 21, 2023 — Vacation Owners Assn INC At Olympia Gary L Sprong Quit Claim Deed · related —
    Jan 23, 2023 — Vacation Owners Assn INC Marguerite Greinke Quit Claim Deed · related —
    Dec 6, 2022 — Christine Buckner Frank Martinez Quit Claim Deed · related —
    Oct 24, 2022 — Daniel P Lieber David Michael Sanders Quit Claim Deed · related —
    Oct 4, 2022 — Vacation Owners Assn INC Anna Behling Quit Claim Deed —
    Sep 26, 2022 — Vacation Owners Assn INC At Olympia Nancy J Fishmooney Quit Claim Deed · related —
    Sep 6, 2022 — Vacation Owners Assn INC Joseph S Bass Quit Claim Deed · related —
    Jul 11, 2022 — Vacation Owners Assn INC Vincent L Skarda Quit Claim Deed · related —
    Mar 21, 2022 — Vacation Owners Assn INC Harvard G Evins Quit Claim Deed · related —
    Feb 11, 2022 $4,700 Mark A Timmers Vacation Owners Assn INC At Olympia Quit Claim Deed · related —
    Jan 20, 2022 — Vacation Owners Assn INC At Olympia Gerald J Neis JR Quit Claim Deed · related —
    Nov 16, 2021 $300 Vacation Owners Assn INC At Olympia Milan V Moravec Quit Claim Deed · related —
    Sep 14, 2021 $300 Vacation Owners Assn INC At Olympia Candi Green Quit Claim Deed · related —
    Jun 29, 2021 — Vacation Owners Assn INC At Olympia Howard Carabello Quit Claim Deed · related —
    Jun 29, 2021 $300 Vacation Owners Assn INC At Olympia Robert G Deck Quit Claim Deed · related —
    May 13, 2021 — Vacation Owners Assn INC Howard L Honett Quit Claim Deed · related —
    May 11, 2021 — Vacation Owners Assn INC Kathleen A Meyer Quit Claim Deed · related —
    May 3, 2021 — Vacation Owners Assn INC At Olympia Richard Floryance Quit Claim Deed · related —
    May 3, 2021 $300 Vacation Owners Assn INC At Olympia Theresa Matthews Quit Claim Deed · related —
    Apr 19, 2021 $300 Vacation Owners Assn INC At Olympia Anita L Broomall Quit Claim Deed · related —
    Apr 2, 2021 $300 Vacation Owners Association INC Oly Gerald A Muntges Quit Claim Deed · related —
    Apr 2, 2021 — Jerry M Walker Kim A Lee Quit Claim Deed · related —
    Mar 22, 2021 — Perna Trust Louis J Perna III Deed —
    Feb 12, 2021 $300 Vacation Owners Assn INC At Olympia Alice Jean Atlas Quit Claim Deed · related —
    Feb 12, 2021 — Vacation Owners Assn INC At Olympia Richard J Aiken Quit Claim Deed —
    Jan 19, 2021 — Vacation Owners Assoc Chad Scharbach Quit Claim Deed · related —
    Dec 15, 2020 — Vacation Owners Assn INC William M Mestrovich Correction Deed · related —
    Sep 21, 2020 $1,500 Seiffert Family Trust Vacation Owners Assn INC Quit Claim Deed · related —
    Sep 9, 2020 — Vacation Owners Assn INC Louis J Weathers Correction Deed · related —
    Aug 12, 2020 — Vacation Owners Assn INC Mary L Potts Correction Deed · related —
    May 22, 2020 — Vacation Owners Assn INC Louis J Kapfhammer Correction Deed · related —
    Apr 13, 2020 — Vacation Owners Associates INC Krystyna M Gajewski Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oconomowoc
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.4792
    Latitude
    43.0891
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,788
    $300,000
    $2,158,800
    $2,458,800
    -
    $0.00
    $0.00
    $2,566,000

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Nwq Of Smt Ave. & Oconomowoc Pkwy

      Land
      0 Nwq Of Smt Ave. & Oconomowoc Pkwy, Oconomowoc, WI 53066
      View Details
    • Value Estimation by Request
      0.21 Acres

      Oconomowoc, WI 53066

      COMMERCIAL (GENERAL)
      Oconomowoc, WI 53066
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    • Value Estimation by Request
      1.33 Acres

      Oconomowoc, WI 53066

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      Oconomowoc, WI 53066
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      9.85 Acres

      Oconomowoc, WI 53066

      COMMERCIAL (GENERAL)
      Oconomowoc, WI 53066
      View Details
    • Value Estimation by Request
      0.21 Acres

      Oconomowoc, WI 53066

      COMMERCIAL (GENERAL)
      Oconomowoc, WI 53066
      View Details
    • Value Estimation by Request
      1.00 Acre

      Oconomowoc, WI 53066

      COMMERCIAL (GENERAL)
      Oconomowoc, WI 53066
      View Details

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    Oconomowoc, WI 53066-4617
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    985 Regent Rd, Oconomowoc, WI, 53066
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