Financial
Distress signals
Property profile

3064 Douglas Ave Racine, WI 53402

OFF-MARKET
Warehouses
Property ID
US92-1037767
2,592 SF 0.66 ac lot Built 1986
Last sale Sep 2025 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a prime 2-acre site in Racine, Wisconsin, ideally suited for a variety of commercial ventures. Located at 3064 Douglas Ave, this property boasts two existing buildings totaling approximately 13,900 square feet, including a 11,352 square foot masonry building with aluminum siding and a 2,592 square foot metal storage building. The seller will be responsible for building demolition. The property is zoned B-2 Community Shopping District and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$158k
Assessed land$104k
Assessed improvement$54k
Effective rate2.66%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$38/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$19 – $61
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionRACINE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency50.7
Law Firm38.4
Restaurant30.8

Location

3064 Douglas Ave Racine, WI 53402
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 16 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1135 Chatham, Racine, WI 53402-4943 $25,000 Feb 2023 5,121 SF
1144 Michigan, Racine, WI 53402 $2,217,500 Feb 2023 7,811 SF
1914 Carter, Racine, WI 53402-4604 $82,000 Jan 2021 1,600 SF
15 4th Mile, Racine, WI 53402-2621 $107,500 Oct 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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