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Property profile & analytics
OFF-MARKET
Warehouses
1133 Indiana Ave Sheboygan, WI 53081-4914
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-3463946
Property summary
AI-generated overview
This exceptional 6,200 square foot turnkey bar and entertainment venue is located on a high-traffic corner lot in Sheboygan, Wisconsin. Situated on a 0.15-acre parcel, this property presents a unique opportunity for immediate operation. The space boasts a fully equipped commercial kitchen, ready for immediate use. The current setup includes an established axe-throwing area and a stage, perfect for live entertainment and corporate or private events. The interior features modern and upbeat dГ©cor, complemented by the exquisite character of cream city brick and unique finishes throughout. All existing equipment is included in the sale, and the current inventory is also available for purchase separately, providing a seamless transition for the new owner. This is a rare opportunity to acquire a fully operational and well-established business in a prime location. The asking price is $4,000. This property is ready for a new owner to step in and continue its success. Don't miss this chance to own a thriving entertainment venue in a vibrant Wisconsin city.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1921
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,672 SF
Lot
0.15 ac (6,750 SF)
Zoning code
BA7
APN
59281300380
UPID
US92-3463946
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
-
Longhouse Axe Bar Arcade & Gaming Center Family Recreation Center
-
Escape Sheboygan Arcade & Gaming Center
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
1133 Indiana LLC · 6 yrs held
1133 Indiana LLC
since 2019
5 recorded transactions
Zoning & alternative use
BA7 · Sheboygan, WI
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 Sheboygan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheboygan 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
$4,632
Tax year 2023
Assessed value
$264,300
Assessed 2023
Previous assessed
$264,300
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$39,200
Assessed improvement
$225,100
Land market value
$40,298
Improvement market value
$231,402
Total market value
$271,700
Applied tax rate
5,271.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1921
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
12,672 SF
Lot
0.15 ac (6,750 SF)
Zoning code
BA7
APN
59281300380
UPID
US92-3463946
Jurisdiction
SHEBOYGAN
Zoning & alternative use
BA7 · Sheboygan, WI
Zoning BA7 · permitted uses
BA7 · Sheboygan, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sheboygan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1921
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
1133 Indiana LLC
Entity
Mailing address
522 NIAGARA AVE, SHEBOYGAN, WI 53081-4132
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2019
$376,200
1133 Indiana LLC
Wendy S Bemis
Warranty Deed
$510,000 · Oostburg St Bk
Jan 12, 2007
—
Wendy S Bemis
Nelesen Richard A Living
Warranty Deed
related
—
Jan 8, 2007
—
Riciiard A Nelesen
Dekanich Investments LLC
Grant Deed
related
—
Oct 5, 2006
—
Richard A Nelesen
Dekanich Investments LLC
Warranty Deed
related
—
Oct 5, 2006
$138,000
Wendy S Bemis
Nelesen,richard A
Warranty Deed
related
—
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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