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Property profile & analytics
OFF-MARKET
Commercial real estate
119 Main St 29-39 Belgium, WI 53004-9715
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US92-1308449
Property summary
AI-generated overview
This exceptional commercial property, located at 119 Main St in Belgium, Wisconsin, presents a compelling investment opportunity. The 5,200 square foot building, constructed in 2000, seamlessly blends executive office space with warehouse functionality, making it ideal for a variety of businesses. Situated on a 0.85-acre lot, the single-story structure boasts a convenient 15-space parking lot, ensuring ample space for employees and clients. The interior features ceiling heights ranging from 8 to 10 feet, providing versatile space for various uses. The property is zoned for commercial use and benefits from its prime location on Main Street, less than a mile from I-43, offering excellent accessibility and visibility. The property's APN is 180230601700. This multi-use building is ready for immediate occupancy and presents a unique chance to acquire a well-maintained commercial property in a thriving Wisconsin community. The asking price is $700,000. Don't miss this chance to own a piece of Belgium's commercial landscape. Contact us today to schedule a showing.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Lot
0.85 ac (37,026 SF)
APN
18-023-06-017.00
UPID
US92-1308449
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
-
Subway Take-out & Catering
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
Sukhdev Singh Gill · 11 yrs held
Sukhdev Singh Gill
since 2014
3 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 Belgium submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belgium 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
$6,196
Tax year 2023
Assessed value
$335,700
Assessed 2023
Previous assessed
$335,700
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$50,800
Assessed improvement
$284,900
Total market value
$485,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
NONE
Lot
0.85 ac (37,026 SF)
APN
18-023-06-017.00
UPID
US92-1308449
Jurisdiction
OZAUKEE
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
2003
Heating
NONE
Lot
0.85 ac
Current owner
From public records · entity-resolved
Sukhdev Singh Gill
Individual
Mailing address
2332 HICKORY GRV RD, BELGIUM, WI 53004-9788
Ownership since
2014
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
Oct 14, 2025
—
Sukhdev Singh Gill
—
Deed
related
$884,166 · Nicolet National Bank
Oct 16, 2014
—
Sukhdev Singh Gill
Jerry Vali Investments LLC
Warranty Deed
$245,000
Sep 7, 2007
$200,000
Jerry Vali Investments LLC
Belgium Partners LLC
Warranty Deed
$664,000 · Ozaukee 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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