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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Banks
111 Wisconsin American Dr Fond Du Lac, WI 54937-6725
Entity Owned
6-yr Hold
Free & Clear
Property ID
US92-1322692
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2009
Construction
FRAME
Total area
4,772 SF
Lot
1.2 ac (52,272 SF)
Zoning code
B-5
APN
FDL-15-18-07-31-004-00
UPID
US92-1322692
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
-
Forefront Dermatology Fond du Lac, WI Physician Medical Clinic
-
Paula Lin Physician Medical Clinic
-
Dr. Giacomo Maggiolino, MD Physician Medical Clinic
-
Dr. John Pujals Physician
-
Dr. Sean Pattee Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$560k
Blend (final)
Blend
$520k
Owner & transaction history
Watt Land Company LLC · 6 yrs held
Watt Land Company LLC
since 2019
3 recorded transactions
Zoning & alternative use
B-5 · Fond Du Lac, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$595,000
+35.7%
Office building
$535,000
+22.6%
Retail stores
$485,000
+10.6%
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 Fond Du Lac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fond Du Lac 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
Method
Estimation
Statistic approach
by Request
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$435,000
Current use
AUTO REPAIR, GARAGE
$595,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$535,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$485,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$360,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
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
$38,183
Tax year 2023
Assessed value
$1,566,800
Assessed 2023
Previous assessed
$1,566,800
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$198,700
Assessed improvement
$1,368,100
Land market value
$264,131
Improvement market value
$1,818,606
Total market value
$2,082,737
Applied tax rate
20,226.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
4,772 SF
Lot
1.2 ac (52,272 SF)
Zoning code
B-5
APN
FDL-15-18-07-31-004-00
UPID
US92-1322692
Jurisdiction
FOND DU LAC
Zoning & alternative use
B-5 · Fond Du Lac, WI
Zoning B-5 · permitted uses
B-5 · Fond Du Lac, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fond Du Lac. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$435,000
AUTO REPAIR, GARAGE
Est. value
$595,000
OFFICE BUILDING
Est. value
$535,000
RETAIL STORES
Est. value
$485,000
COMMERCIAL (GENERAL)
Est. value
$360,000
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
Watt Land Company LLC
Entity
Free & Clear · 6 yrs held
Mailing address
111 WISCONSIN AMERICAN DR, FOND DU LAC, WI 54937-6725
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2019
$2,160,000
Watt Land Company LLC
Wad Fdl Investments LLC
Special Warranty Deed
—
Feb 10, 2015
$212,966
Wad-fdl Investments LLC
Kk Building LLC
Special Warranty Deed
$150,000 · Wisconsin Bank & Trust
Aug 11, 2008
$187,500
Kk Building LLC
James C Herrick JR
Warranty Deed
—
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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