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Property profile & analytics
OFF-MARKET
Estimated value
$5,820,000
Motels
121 Merwin Way Fond Du Lac, WI 54937-8902
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0544989
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2002
Construction
FRAME
Total area
12,653 SF
Lot
3.03 ac (132,161 SF)
Zoning code
B-5
APN
FDL-15-17-21-44-752-00
UPID
US92-0544989
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
-
Country Inn & Suites by Radisson, Fond du Lac, WI Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.82M
Owner & transaction history
Shreedhar Hotes LLC · 3 yrs held
Shreedhar Hotes LLC
since 2023
Last sale
$5.7M
4 recorded transactions
Zoning & alternative use
B-5 · Fond Du Lac, 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 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
$6,455,000
ML approach
$6,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.82M
Range $5.24M – $6.40M · ±10% · vs last sale $5.70M (Feb 6 2023)
Last sale anchor
$5.70M
Feb 6 2023
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
$460 / 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
$94,843
Tax year 2023
Assessed value
$3,885,000
Assessed 2023
Previous assessed
$3,885,000
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$353,900
Assessed improvement
$3,531,100
Land market value
$470,437
Improvement market value
$4,693,867
Total market value
$5,164,304
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
FORCED AIR
Stories
1
Total area
12,653 SF
Lot
3.03 ac (132,161 SF)
Zoning code
B-5
APN
FDL-15-17-21-44-752-00
UPID
US92-0544989
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.
Building & site characteristics
From public records
Year built
2002
Construction
FRAME
Heating
FORCED AIR
Stories
1
Lot
3.03 ac
Current owner
From public records · entity-resolved
Shreedhar Hotes LLC
Entity
Mailing address
4818 W ANITA LN, FRANKLIN, WI 53132-8607
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
$5,700,000
Shreedhar Hotes LLC
Fond Du Lac Hotel Group LLC
Special Warranty Deed
$4,798,000 · Us Metro Bank
Jun 18, 2019
—
Fond Du Lac Hotel Group LLC
—
Deed
related
$1,343,000 · Wbd INC
Feb 15, 2019
$3,560,000
Fond Du Lac Hotel Group LLC
Reliance LLC
Warranty Deed
$2,176,000 · Bank Of Wisconsin Dells
Oct 15, 2015
$2,292,500
Reliance LLC
Fond Du Lac Hospitality LLC
Warranty Deed
$3,040,000 · Northwest 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.
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