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Property profile & analytics
OFF-MARKET
Estimated value
$4,650,000
Office buildings
1724 Lawrence Dr De Pere, WI 54115-9108
Entity Owned
10-yr Hold
Free & Clear
Property ID
US92-1319511
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Total area
47,100 SF
Lot
3.05 ac (132,902 SF)
APN
WD 364-D-501-2
UPID
US92-1319511
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
-
Festival Foods Support Office Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.46M
Blend (final)
Blend
$4.65M
Owner & transaction history
Chifest Properties De Pere LLC · 10 yrs held
Chifest Properties De Pere LLC
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.2M
+25.0%
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 De Pere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs De Pere 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,975,000
Current use
AUTO REPAIR, GARAGE
$6,220,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,870,000
Change: -2% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,455,000
Change: -11% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,130,000
Change: -17% · Conversion: Difficult
RETAIL STORES
$3,985,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$4.65M
Range $4.19M – $5.12M · ±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
$99 / 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
$96,549
Tax year 2023
Assessed value
$6,068,800
Assessed 2023
Previous assessed
$5,229,600
+16.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$292,900
Assessed improvement
$5,775,900
Total market value
$6,225,000
Applied tax rate
6,328.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2016
Heating
NONE
Total area
47,100 SF
Lot
3.05 ac (132,902 SF)
APN
WD 364-D-501-2
UPID
US92-1319511
Jurisdiction
BROWN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$6.2M
COMMERCIAL (GENERAL)
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
RETAIL STORES
Est. value
$4.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2016
Heating
NONE
Lot
3.05 ac
Current owner
From public records · entity-resolved
Chifest Properties De Pere LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 11237, GREEN BAY, WI 54307-1237
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2021
—
Chifest Properties Somers LLC
—
Deed
related
$43,575,329 · Old National Bank
Jun 18, 2020
—
Chifest Properties Somers LLC
—
Deed
related
$43,575,329 · Old National Bank
Sep 8, 2016
—
Chifest Properties De Pere LLC
—
Deed
related
$8,400,000 · Verve
Oct 7, 2015
$292,900
Chifest Properties De Pere LLC
Ld Properties IV LLC
Warranty Deed
—
—
—
Ld Properties IV LLC
—
Deed Of Trust
related
$851,222 · Associated Bank
—
—
Chifest Properties De Pere LLC
—
Deed Of Trust
related
$8,400,000 · Verve
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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