Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Harris-high Dr Waukesha, WI 53186

    • Warehouses
    • 1,500 SF
    • 4.97 lot acres
    OFF-MARKET
    Last Sale
    Aug 30, 2021
    $350,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-3312222
    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.

    Current Use by Public Records

    • Warehouses

    Property Details for Harris-high Dr

    Year built
    1975
    Lot size
    4.97 lot acres
    Property size
    1,500 SF
    Zone code
    T-1
    Property type
    Warehouses
    APN
    WAKC1312003001
    APU
    WAKC1312003001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2549
    Latitude
    43.0035
    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
    $5,212
    $269,000
    $78,500
    $347,500
    -
    $0.00
    $0.00
    $359,768

    Comparable in this City

    • Value Estimation
      $1,370,000
      15,020 SF

      1023 Spg City Dr

      WAREHOUSE, STORAGE • 15,020 SF
      1023 Spg City Dr, Waukesha, WI 53186-5934
      View Details
    • Value Estimation by Request
      2,080 SF

      1339 Main St

      WAREHOUSE, STORAGE • 2,080 SF
      1339 Main St, Waukesha, WI 53186
      View Details
    • Value Estimation
      $3,530,000
      39,816 SF

      1725 Dolphin Dr

      WAREHOUSE, STORAGE • 39,816 SF
      1725 Dolphin Dr, Waukesha, WI 53186-1492
      View Details
    • Value Estimation
      $850,000
      12,770 SF

      1421 Pearl St

      WAREHOUSE, STORAGE • 12,770 SF
      1421 Pearl St, Waukesha, WI 53186-5613
      View Details
    • Value Estimation by Request
      1,250 SF

      1627 Sq Cir

      WAREHOUSE, STORAGE • 1,250 SF
      1627 Sq Cir, Waukesha, WI 53186-1472
      View Details
    • Value Estimation by Request
      3,600 SF

      1201 Anoka Ave

      WAREHOUSE, STORAGE • 3,600 SF
      1201 Anoka Ave, Waukesha, WI 53186-5305
      View Details

    Similar Nearby for Sale

    • $675,000
      6,000 SF

      High-Visibility Commercial Property For Sale

      Commercial property with updated systems, ideal for various business uses.
      1344 Whiterock Ave, Waukesha, WI 53186
      View Details
    • $4,250,000
      73,800 SF

      Waukesha Industrial Property For Sale

      73,800 SF industrial property in Waukesha, Wisconsin.
      1515 Ellis St, Waukesha, WI 53186
      View Details
    • Contact for pricing
      59,219 SF

      Waukesha Industrial Build-to-Suit

      59,219 SF Flex/R&D Space, WI
      N15W22261 Watertown Rd, Waukesha, WI 53186
      View Details
    • $369,900
      1,080 SF

      Waukesha Commercial Property - High Traffic Area

      Prime Waukesha location, 1,080 sq ft, 0.5-acre lot. Great investment potential.
      21795 Longview Dr, Waukesha, WI 53186
      View Details
    • $299,900
      0.22 Acres

      Waukesha Duplex: Investment Opportunity

      Spacious, updated duplex in Waukesha with immediate cash flow.
      512 E Main St, Waukesha, WI 53186
      View Details
    • $450,000
      13,680 SF

      Waukesha Office Building For Sale

      13,680 sq ft office building in downtown Waukesha.
      137 Wisconsin Ave, Waukesha, WI 53186
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      22,388 SF

      Sunset Drive Office & Industrial Complex

      Flexible Suites, Waukesha, WI
      S30 Sunset Dr, Waukesha, WI 53186
      View Details
    • $5 SF/Yr
      18,000 SF

      Waukesha Warehouse with Drive-In Access

      Warehouse space near downtown Waukesha with convenient highway access.
      515 Frederick St, Waukesha, WI 53186
      View Details
    • $11 SF/Yr
      3,081 SF

      Waukesha County Flexible Space

      Office and warehouse spaces with private entrances and restrooms.
      20900 Swenson Dr, Waukesha, WI 53186
      View Details
    • $11 SF/Yr
      31,580 SF

      Waukesha Flex Space For Lease

      Modern flex warehouse space available. Multiple units, high ceilings.
      N8 Johnson Dr, Waukesha, WI 53186
      View Details
    • Contact for pricing
      40,000 SF

      Waukesha Industrial Facility For Lease

      Proposed industrial facility with loading docks and overhead doors.
      809 Philip Dr, Waukesha, WI 53186
      View Details
    • Contact for pricing
      11,210 SF

      Waukesha Flex Space For Lease

      Modern Flex Space, 6,247 SF Available
      1230 West Ave, Waukesha, WI 53186
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Harris-high Dr
    Waukesha, WI 53186
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.