Financial
Distress signals
Property profile

2217 Lake St Algoma, WI 54201

FOR SALE
Drive through restaurants
Property ID
US92-0707196
1,445 SF Built 1994
Last sale Nov 2022 · $145,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This 1,500 square foot free-standing commercial building is ideally situated on Highway 42, offering exceptional visibility and convenient access. Located just minutes from downtown Algoma and a short drive to Door County, this property presents a unique investment opportunity. Currently configured and equipped as a sandwich shop, the sale includes all necessary equipment for immediate operation. The spacious interior boasts seating for 32 patrons, and ample parking is available with a…

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$154k
Assessed land$46k
Assessed improvement$108k
Effective rate2.24%

Value estimate

· Sep 2026
$150k
$135k – $165k
AI approach$145k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionKEWAUNEE

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 agency11.7
Dental Office11.4
Building Supply11.2

Location

2217 Lake St Algoma, WI 54201
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
109 Steele, Algoma, WI 54201-1269 $325,000 May 2022 7,128 SF
222 Steele, Algoma, WI 54201-1263 $170,000 Oct 2021 2,822 SF
824 4th, Algoma, WI 54201-1348 $227,500 Jun 2020 1,365 SF
2301 Lk, Algoma, WI 54201-2006 $478,286 Jun 2020 7,900 SF
2025 Lk, Algoma, WI 54201-2003 $375,000 Jan 2020 15,439 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?”
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