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Property profile & analytics
OFF-MARKET
Commercial real estate
128 Main St Readstown, WI 54652-7095
Individually Owned
Free & Clear
Property ID
US92-2157222
Property summary
AI-generated overview
This 2-story, 1914-built industrial building in Readstown, WI, offers 2,300 square feet of versatile commercial space on a 0.2-acre lot. Zoned for commercial use, it features 11'-15' ceilings and is priced at $200,000 ($86.96/sq ft). The property includes a main building with a manufacturing subtype. The building's historical charm is complemented by modern functionality, making it ideal for a variety of uses. Included appliances are refrigerators, an oven/range, and a dishwasher
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.2 ac (8,712 SF)
APN
176-00274-0000
UPID
US92-2157222
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
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
Mccormick Custom Building & Concret
Mccormick Custom Building & Concret
since 2025
Last sale
$200,000
7 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 Readstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Readstown 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
$301
Tax year 2023
Assessed value
$19,200
Assessed 2023
Previous assessed
$19,200
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$3,600
Assessed improvement
$15,600
Total market value
$26,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Lot
0.2 ac (8,712 SF)
APN
176-00274-0000
UPID
US92-2157222
Jurisdiction
VERNON
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
Lot
0.2 ac
Current owner
From public records · entity-resolved
Mccormick Custom Building & Concret
Individual
Free & Clear · 0 yrs held
Mailing address
13393RD MAPLE RDG RD, LA FARGE, WI 54639-8715
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
—
Daniel J Krumenauer
—
Deed
related
$168,000 · Citizens First Bank
Nov 4, 2025
—
Mccormick Custom Building & Concret
Linda J Kica
Quitclaim Deed
related
—
Nov 4, 2025
$210,000
Daniel J Krumenauer
Linda J Kica
Warranty Deed
$168,000 · Citizens First Bank
Sep 12, 2022
$200,000
Linda J Kica
Shawn J Moffett
Warranty Deed
—
Apr 1, 2021
$98,000
Shawn J Moffett
Kenneth H Goodwin JR
Warranty Deed
$78,400 · Westby Co Op Cu
Oct 11, 2019
$45,000
Kenneth H Goodwin
Freancis L Callaway
Deed
—
Apr 29, 2005
—
Francis L Callway
Myrna J Callaway
Quit Claim 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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