Financial
Distress signals
Property profile

1322 State St Racine, WI 53404

OFF-MARKET
Other commercial real estate
Property ID
US92-3485059
2,912 SF 0.11 ac lot Built 1900
Last sale Sep 2025 · $300,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A late Victorian Eclectic Architecture building constructed in 1883, originally Engine Firehouse No. 2, featuring Cream City Brick construction and a corbel cornice style. The property contains nearly 3,000 square feet of interior space and includes a full-service kitchen and a full bathroom. A great room retains original fireman’s lockers and an original brass fire pole; an additional artisan room with natural light could be used as a bedroom. Updates include a 2022 update to the furnace 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?
$3k
Tax billed · 2023
Assessed value$107k
Assessed land$10k
Assessed improvement$97k
Effective rate2.82%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$35 – $116
Qualifying comparables5

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?
B3
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 agency25.2
Dental Office22.9
Spa & Massage16.2

Location

1322 State St Racine, WI 53404-3354
County assessor Recorded deeds · 5 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
943 Superior, Racine, WI 53404-3117 $245,000 Dec 2025 3,166 SF
816 Hamilton, Racine, WI 53404-3134 $280,000 Apr 2024 3,767 SF
2307 Blake, Racine, WI 53404-2165 $1,140,000 Apr 2024 2,775 SF
1513 Liberty, Racine, WI 53404-3259 $30,000 Mar 2024 2,797 SF
1812 Rpds, Racine, WI 53404-2133 $400,000 Nov 2023 3,621 SF
1231 Marquette, Racine, WI 53404-3180 $242,000 Jul 2023 3,761 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1322 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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