Realmo Analytics

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Property profile

409 Main St Racine, WI 53403

OFF-MARKET
Retail space
Property ID
US92-3315208
4,030 SF 0.11 ac lot Built 1860
Last sale Dec 2018 · $160,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

409 Main Street is a mixed-use building with a ground-floor retail storefront and an apartment on an upper level. The facade was refreshed in 2021, and the commercial space underwent a full rehabilitation in 2019. The apartment is a one-bedroom unit that was completely updated in 2025. Architectural drawings are prepared to add an additional one-bedroom unit on the 3rd floor. The property is situated on a lot extending from Main Street to Lake Street, with off-street parking in the rear. A full…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$195k
Assessed land$38k
Assessed improvement$157k
Effective rate2.89%

Value estimate

· Nov 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$26 – $88
Qualifying comparables4

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?
B4
JurisdictionRACINE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.3
Tailor Shop9.7
Furniture Store9.5

Location

409 Main St Racine, WI 53403-1030
County assessor Recorded deeds · 3 transfers 4 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
434 Main, Racine, WI 53403-1031 $70,000 Jun 2023 6,360 SF
511 6th, Racine, WI 53403-1117 $260,000 Apr 2023 3,090 SF
408 Main, Racine, WI 53403-1031 $350,000 Mar 2023 5,901 SF
512 Main, Racine, WI 53403 $340,000 Mar 2023 5,600 SF
516 Main, Racine, WI 53403 $380,000 Sep 2021 5,600 SF
1819 Durand, Mount Pleasant, WI 53403-3273 $650,000 Aug 2019 4,550 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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