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Property profile & analytics
OFF-MARKET
Office buildings
1034 18th St Manitowoc, WI 54220-5040
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-0795258
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1906
Total area
26,196 SF
Lot
1.62 ac (70,393 SF)
APN
52-000-262-220.00
UPID
US92-0795258
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kasey Kathleen Co. - photo + films Film Production Television Studio
-
Catalyst Studio Hair Salon
-
Boudoir by Rebel Photo Co. Photography Service (Bike/Boat/Book/etc) Store
-
Diamond Hair Artistry Hair Salon Nail Salon
-
MPM Center Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Richard R & Leticia Robinson Joint · 2 yrs held
Richard R & Leticia Robinson Joint
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Manitowoc submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manitowoc submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,760
Tax year 2023
Assessed value
$170,800
Assessed 2023
Previous assessed
$252,000
-32.2% YoY
Effective rate
1.62%
On assessed value
Assessed land
$140,800
Assessed improvement
$30,000
Land market value
$140,965
Improvement market value
$30,035
Total market value
$171,000
Applied tax rate
251.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1906
Heating
NONE
Stories
2
Units
1
Total area
26,196 SF
Lot
1.62 ac (70,393 SF)
APN
52-000-262-220.00
UPID
US92-0795258
Jurisdiction
MANITOWOC
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1906
Heating
NONE
Stories
2
Units
1
Lot
1.62 ac
Current owner
From public records · entity-resolved
Richard R & Leticia Robinson Joint
Individual
Mailing address
1034 S 18TH ST, MANITOWOC, WI 54220-5040
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2024
—
Leticia Robinson
—
Deed
related
$100,000 · Unitedone Cu
Jul 15, 2024
—
Richard R & Leticia Robinson Joint
Manitowoc Property Management LLC
Warranty Deed
—
Aug 2, 2023
—
Manitowoc Property Management LLC
—
Deed
related
$156,160 · Unitedone Cu
May 30, 2023
—
Manitowoc Property Management LLC
—
Deed
related
$57,500 · Unitedone Cu
May 8, 2023
—
Manitowoc Property Management LLC
—
Deed
related
$104,000 · Unitedone Cu
Apr 3, 2023
—
Manitowoc Property Management LLC
—
Deed
related
$78,000 · Unitedone Cu
Jan 18, 2023
—
Manitowoc Property Management LLC
—
Deed
related
$100,000 · Unitedone Cu
Aug 19, 2020
$148,000
Manitowoc Property Management LLC
Sbn IV Reo LLC
Special Warranty Deed
$153,000 · Unitedone Cu
Jan 8, 2016
$230,000
Sbn IV Reo LLC
Sheriff Of Manitowoc County|jmk Properties Of Wisc
Trustees Deed
related
—
Feb 13, 2015
—
John M Kwitek
Meade Marigold LLC
Quit Claim Deed
related
—
May 19, 2006
—
John M Kwitek
Jmk Properties Of Wisconsin LLC
Quit Claim Deed
related
—
—
—
Meade Marigold LLC
—
Deed Of Trust
related
$3,428,581 · Associated Bank
—
—
Meade Marigold LLC
—
Deed Of Trust
related
$3,428,581 · Associated Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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