Financial
Distress signals
Property profile

2200 Lathrop Ave Racine, WI 53405

OFF-MARKET
Other investment properties
Property ID
US92-0944512
4,752 SF 0.25 ac lot Built 1971
Last sale Dec 2023 · $285,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 2200 Lathrop Ave in Racine, Wisconsin consists of office-oriented commercial space on the main floor within a building constructed in 1971. The interior layout includes distinct office areas, storage space, and large storefront windows, with space that is configured to support either partial-floor use or full-floor occupancy. The building is zoned B2 and provides parking along the front and side of the structure. It is positioned on a busy road and presents storefront-facing frontage with street exposure.

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?
$12k
Tax billed · 2023
Assessed value$389k
Assessed land$83k
Assessed improvement$306k
Effective rate2.97%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$245k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$66/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$41 – $86
Qualifying comparables6

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency39.8
Dental Office23.1
Spa & Massage16.4

Location

2200 Lathrop Ave Racine, WI 53405-4137
County assessor Recorded deeds · 10 transfers 6 qualifying comp sales Zoning catalog · not on file

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

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3201 Washington, Racine, WI 53405-3036 $310,000 Nov 2024 6,650 SF
1116 Grv, Racine, WI 53405-3028 $174,400 Jun 2023 4,000 SF
3205 Washington, Racine, WI 53405-3036 $176,000 May 2023 4,750 SF
3220 Washington, Racine, WI 53405-3037 $290,000 Apr 2022 5,214 SF
2300 17th, Racine, WI 53405-3516 $110,000 Jan 2022 4,244 SF
3213 Washington, Racine, WI 53405-3036 $275,000 May 2021 7,453 SF
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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