Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1407 8th St Sheboygan, WI 53081-3400
    Back to Search
    Property profile & analytics

    1407 8th St, Sheboygan, WI 53081-3400

    View on Map
    • Office buildings
    • 1,271 SF
    • 0.62 lot acres
    Off-Market
    Property ID
    US92-1081329
    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

    • Bryce Dental Care of Sheboygan / Dental Office
    • Novo Counseling / Counselor / Mental Health Service
    • Wisconsin Advisors / Financial Advisor
    • Great Lakes Clinic and Consultants / Medical Clinic
    • Badtke Kathy / Dental Office

    Property Details for 1407 8th St

    Year built
    1973
    Construction
    STEEL FRAME
    Lot size
    0.62 lot acres
    Property type
    Office buildings
    APN
    59281100143
    APU
    59281100143

    Description

    This exceptional investment opportunity presents two modern, updated commercial office units, totaling 1,208 square feet, situated on a 0.1-acre lot at 1407 N 8th STREET in Sheboygan, Wisconsin. Priced at $250,000, this package deal includes both Unit 5 and Unit 6, currently leased to reliable, long-term tenants who desire to remain. The property boasts a convenient location near the downtown area, providing easy access for both tenants and clients. A significant advantage is the ample parking available on-site. The units are completely turnkey, requiring no immediate capital improvements or renovations, making this an ideal investment for a passive income stream. The existing leases ensure immediate cash flow, minimizing vacancy risk and maximizing return on investment. The modern and updated interiors offer a professional and appealing workspace for tenants, contributing to the property's strong rental history. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a desirable Sheboygan location. Don't miss out on this chance to add a stable and profitable asset to your portfolio. Contact us today to schedule a showing.

    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
    -87.7126
    Latitude
    43.7599
    CBSA code
    43100
    CBSA name
    SHEBOYGAN, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,761
    $31,400
    $69,100
    $100,500
    -
    $32,275
    $71,025
    $103,300

    Comparable in this City

    • Value Estimation
      $965,000
      30,963 SF

      615 8th St

      OFFICE BUILDING
      615 8th St, Sheboygan, WI 53081-4463
      View Details
    • Value Estimation by Request
      4,288 SF

      601 5th St

      OFFICE BUILDING
      601 5th St, Sheboygan, WI 53081-4624
      View Details
    • Value Estimation by Request
      5,847 SF

      2103 Indiana Ave

      OFFICE BUILDING
      2103 Indiana Ave, Sheboygan, WI 53081-4729
      View Details
    • Value Estimation by Request
      2,400 SF

      1509 13th St

      OFFICE BUILDING
      1509 13th St, Sheboygan, WI 53081-2549
      View Details
    • Value Estimation by Request
      4,746 SF

      1214 23rd St

      OFFICE BUILDING
      1214 23rd St, Sheboygan, WI 53081-5012
      View Details
    • Value Estimation by Request
      5,271 SF

      1118 31st St

      OFFICE BUILDING
      1118 31st St, Sheboygan, WI 53081
      View Details

    Similar Nearby for Sale

    • $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
      6,925 SF

      Versatile Building in Sheboygan Park

      Quality-built building with multiple uses in Sheboygan Business Park.
      3103 Weeden Creek Rd, 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
    • Contact for pricing
      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 Details
    • Contact for pricing

      Class A Distribution Facility

      Bulk distribution facility with expansion potential near I-43.
      4036 Weeden Creek Rd, Sheboygan, WI 53081
      View Details
    • Contact for pricing
      61,204 SF

      Sheboygan Warehouse For Sale

      61,204 square foot warehouse property available for purchase.
      1525 N 19Th St, Sheboygan, WI 53081
      View Details

    Similar Nearby for Lease

    • 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
    • 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

      Retail Space Inside Meijer Store

      Prime retail opportunity within high-traffic Meijer stores in the Midwest.
      924 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
    • $5 SF/Yr
      100,800 SF

      Sheboygan Industrial Space Available

      Modern 100,800 SF warehouse, divisible.
      3327 Horizon Dr, Sheboygan, WI 53081
      View Details
    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.
    1407 8th St
    Sheboygan, WI 53081-3400
    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
    1407 8th 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!