Entity Owned Property summary
This exceptional value-add opportunity presents a 55,000-square-foot flex space located at 1101 Mound Ave, Racine, WI 53404. The property, known as The Marquette, is a four-story, 1922-built building renovated in 2010, situated on a 1.2-acre lot. Currently vacant, this multi-tenant property offers significant redevelopment potential. The building features four loading docks and four dock-high doors, along with a 13-foot ceiling height. The asking price is $810,000, representing a price per… square foot of $14.72 and a land value of $20 per square foot. The property boasts a 7.40% cap rate and a net operating income (NOI) of $59,996. The existing layout includes a 2,200-square-foot condo with three bedrooms and two bathrooms, along with two garages, offering a template for future residential units. The existing office space presents opportunities for retail or mixed-use development. The five vacant stories could be suitable for self-storage. The property's strategic location at the intersection of Mound Ave, Marquette Street, and Liberty Street, less than half a mile from downtown Racine and Lake Michigan, and within an Opportunity Zone, makes it an attractive investment for developers seeking a prime location with significant upside potential. The property is offered as a fee simple absolute ownership with a gross lease type. The net rentable square footage is 45,000 square feet.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 45,371 SF
- Lot area
- 1.22 ac
- Year built
- 1922
- Stories
- 5
- APN
- 276 000003107000
- Zoning
- I2
- Assessed value · 2023
- $719,000
- Annual tax · 2023
- $18,373
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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