You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Investment properties

1627 Douglas Ave Racine, WI 53404-2721

4,004 SF 0.09 ac lot Built 1997
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US92-0158072
Property summary
AI-generated overview

This exceptional 1,500 square foot commercial property, located at 1627 Douglas Avenue in Racine, Wisconsin, presents a fantastic opportunity for a discerning business. Situated on a 0.12-acre lot, this general commercial space boasts significant advantages, including heavy daytime foot traffic and prominent visibility from Douglas Avenue. Large display windows maximize natural light and showcase your business effectively to passersby. The spacious interior provides ample room for operations, while a convenient basement offers additional storage. On-site parking accommodates four vehicles, supplemented by readily available unmetered street parking for customers. The property's strategic location near a bus line ensures accessibility for a wide range of clientele. According to the Department of Transportation, 6,600 vehicles pass this building daily, guaranteeing substantial exposure. This property is part of the thriving North Racine Business District, and potential grants may be available – inquire for details. The lease requires a minimum two-year commitment, with a monthly rent of $1,500. Utilities (gas, electric, sewer, and water) and security system costs are the tenant's responsibility. The landlord may include existing retail fixtures as part of the lease agreement. Don't miss this chance to establish your business in a high-traffic, highly visible location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1997
Total area 4,004 SF
Lot 0.09 ac (4,095 SF)
Zoning code B2
APN 276 000019316011
UPID US92-0158072
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
  • Unifits Apparel Clothing Store
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
Singh Family Real Estate Holding In · 7 yrs held
Singh Family Real Estate Holding In
since 2019
5 recorded transactions
2023
Price N/A
2019
$259,200
2017
$22,500
2017
$45,000
2014
Price N/A
Zoning & alternative use
B2 · Racine, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1627 Douglas Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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