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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Manufacturing properties
1425 Ashland Ave Green Bay, WI 54304-3688
Entity Owned
1-yr Hold
Free & Clear
Property ID
US92-0164284
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,000 SF
Lot
3.15 ac (137,301 SF)
Zoning code
GI, RAIL
APN
1 1441
UPID
US92-0164284
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
-
White Cap Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$920k
Owner & transaction history
Banner Life Insurance Company · 1 yrs held
Banner Life Insurance Company
since 2025
3 recorded transactions
Zoning & alternative use
GI, RAIL · Green Bay, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+91.3%
Auto repair, garage
$950,000
+77.8%
Office building
$895,000
+66.8%
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 Green Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Green Bay 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,025,000
Change: +91% · Conversion: Difficult
AUTO REPAIR, GARAGE
$950,000
Change: +78% · Conversion: Easy
OFFICE BUILDING
$895,000
Change: +67% · Conversion: Difficult
COMMERCIAL (GENERAL)
$740,000
Change: +38% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$660,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$620,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
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
$131 / 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
$15,085
Tax year 2023
Assessed value
$783,900
Assessed 2023
Previous assessed
$783,900
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$208,900
Assessed improvement
$575,000
Total market value
$882,100
Applied tax rate
2,289.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
7,000 SF
Lot
3.15 ac (137,301 SF)
Zoning code
GI, RAIL
APN
1 1441
UPID
US92-0164284
Jurisdiction
BROWN
Zoning & alternative use
GI, RAIL · Green Bay, WI
Zoning GI, RAIL · permitted uses
GI, RAIL · Green Bay, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Green Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$950,000
OFFICE BUILDING
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$740,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$660,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$620,000
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
3.15 ac
Current owner
From public records · entity-resolved
Banner Life Insurance Company
Entity
Free & Clear · 1 yrs held
Mailing address
701 LK ST E STE #250, WAYZATA, MN 55391-1778
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
—
Banner Life Insurance Company
Standard Insurance Company
Deed
—
Feb 8, 2024
$900,000
Mpi3 Green Bay LLC
Destree Enterprises INC
Warranty Deed
$650,000 · Standard Insurance Co
—
—
Destree Ents INC
—
Deed Of Trust
related
$196,061 · Destree Wayne G & K A Tr (tr)
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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