Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1202 N 31St St Sheboygan, WI 53081

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1202 N 31St St Sheboygan, WI 53081

    View on Map
    • Office buildings
    • 5,000 SF
    For Sale
    $350,000
    View Listing →
    Professional Services Building For Sale For Sale
    $350,000
    5,000 SF

    Professional Services Building For Sale

    5,000 square foot professional services building available for purchase.

    1202 N 31st St, Sheboygan, WI 53081
    View Listing
    Property ID
    US92-3375880
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lakeland Sports Medicine Center / Physician
    • Lutheran Social Services / Social Service Agency / Charitable Organization
    • Elevate--Sheboygan / Social Service Agency / Charitable Organization

    Property Details for 1202 N 31St St

    Year built
    1900
    Property size
    5,000 SF
    Property type
    Office buildings
    Property subtype
    Commercial real estate

    Description

    Professional Services Building

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sheboygan
    County
    Sheboygan
    State
    Wisconsin
    Longitude
    -87.7475275
    Latitude
    43.7576462

    Comparable in this City

    • $799,000
      Pending

      Versatile Building in Sheboygan Park

      Quality-built building with multiple uses in Sheboygan Business Park.
      3103 Weeden Creek Rd, Sheboygan, WI 53081
      View Details
    • $375,000
      2,352 SF

      Sheboygan Office Building For Sale

      Two-story office building with ten parking stalls in Sheboygan.
      614 N 6Th St, Sheboygan, WI 53081
      View Details
    • Contact for pricing
      8,200 SF

      Sheboygan Office Building For Sale

      Office building for sale with State of Wisconsin lease.
      3422 Wilgus Ave, Sheboygan, WI 53081
      View Details
    • $699,000
      4,559 SF

      Sheboygan Commercial Building Opportunity

      Prime location, 4,559 sq ft, $699,000
      512 8Th St, Sheboygan, WI 53081
      View Details
    • Contact for pricing
      2,240 SF

      Sheboygan Commercial Office Space

      Prime Office, Downtown Proximity, Great Value
      1641 5Th St, Sheboygan, WI 53081
      View Details
    • $499,000
      13,162 SF

      Sheboygan Riverfront Commercial Condo

      Spacious River & Lake Views, Ready to Lease
      712 Riverfront Dr, Sheboygan, WI 53081
      View Details

    Similar Nearby for Sale

    • $799,000
      Pending

      Versatile Building in Sheboygan Park

      Quality-built building with multiple uses in Sheboygan Business Park.
      3103 Weeden Creek Rd, Sheboygan, WI 53081
      View Details
    • $375,000
      2,352 SF

      Sheboygan Office Building For Sale

      Two-story office building with ten parking stalls in Sheboygan.
      614 N 6Th St, Sheboygan, WI 53081
      View Details
    • Contact for pricing
      8,200 SF

      Sheboygan Office Building For Sale

      Office building for sale with State of Wisconsin lease.
      3422 Wilgus Ave, Sheboygan, WI 53081
      View Details
    • $699,000
      4,559 SF

      Sheboygan Commercial Building Opportunity

      Prime location, 4,559 sq ft, $699,000
      512 8Th St, Sheboygan, WI 53081
      View Details
    • Contact for pricing
      2,240 SF

      Sheboygan Commercial Office Space

      Prime Office, Downtown Proximity, Great Value
      1641 5Th St, Sheboygan, WI 53081
      View Details
    • $499,000
      13,162 SF

      Sheboygan Riverfront Commercial Condo

      Spacious River & Lake Views, Ready to Lease
      712 Riverfront Dr, Sheboygan, WI 53081
      View Details

    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      WI, Sheboygan - N 8th St

      Discover many ways to work your way in WI, Sheboygan - N 8th St
      703 8Th St, Sheboygan, WI 53081
      View Details
    • Contact for pricing

      Sheboygan Riverfront Office Space

      Professional office space with riverfront views, available summer 2026.
      712 Riverfront Dr, Sheboygan, WI 53081
      View Details
    • Contact for pricing

      Downtown Sheboygan Office Space

      Remodeled office space in historic downtown Sheboygan.
      701 N 8Th St, Sheboygan, WI 53081
      View Details
    • Contact for pricing

      Versatile Workspace Solutions Available

      Global network of workspaces offering tailored office solutions.
      703 N 8Th St, Sheboygan, WI 53081
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Located on Saint Nicholas Hospital campus with convenient I-43 access.
      1703 N Taylor Dr, Sheboygan, WI 53081
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in High-Traffic Area

      Retail space available in a highly-trafficked Sheboygan location.
      3424-3510 Kohler Memorial Dr, Sheboygan, WI 53081
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1202 N 31St St
    Sheboygan, WI 53081
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1202 N 31St St, Sheboygan, WI, 53081

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!