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Financial
Distress signals
Property profile

1102 Mound Ave Racine, WI 53404

FOR SALE
Other investment properties
Property ID
US92-0703085
2,440 SF 0.03 ac lot Built 1900
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This bar and restaurant property includes an on-site, attached 3-bedroom apartment designed to support business operations while providing separate residential living space. The property is located at 1102 Mound Ave in Racine, Wisconsin, and is associated with a larger parcel as referenced under MLS#1970950.

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.

Debts

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?
$2k
Tax billed · 2023
Assessed value$62k
Assessed land$2k
Assessed improvement$60k
Effective rate3.15%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$240k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$4k
Operating expenses−$15k
NOI · 13.29% cap applied$25k

Realmo valuation models over county records and 9 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 comparables9

Cap rate analysis

How does the asset earn?
13.29%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I2
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 agency35.0
Dental Office32.2
Wholesale Shop24.5

Location

1102 Mound Ave Racine, WI 53404
County assessor Recorded deeds · not on file 9 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1466 Douglas, Racine, WI 53404-2718 $30,500 Nov 2023 2,226 SF
1401 Douglas, Racine, WI 53404-2717 $95,000 Jul 2023 3,203 SF
1028 State, Racine, WI 53404-3348 $26,000 Jan 2019 2,400 SF
1626 Rpds, Racine, WI 53404-2336 $65,000 Nov 2018 2,247 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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