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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office buildings
2108 Kohler Memorial Dr Sheboygan, WI 53081-0002
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-3478593
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,144 SF
Lot
1.14 ac (49,658 SF)
Zoning code
BA9
APN
59281206670
UPID
US92-3478593
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
-
Moments Hospice of Sheboygan Nursing Home
-
Pam Ruggieri Electrolysis LLC Hair Salon
-
Town and country club Restaurant
-
Energy Services Charitable Organization Social Service Agency
-
Zen Den Massage Studio LLC Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$761k
Blend (final)
Blend
$590k
Owner & transaction history
2108 LLC · 6 yrs held
2108 LLC
since 2020
6 recorded transactions
Zoning & alternative use
BA9 · Sheboygan, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$955,000
+13.8%
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 Sheboygan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheboygan 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
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$840,000
Current use
COMMERCIAL (GENERAL)
$955,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$745,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$39 / 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
$19,871
Tax year 2023
Assessed value
$1,133,700
Assessed 2023
Previous assessed
$1,133,700
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$367,300
Assessed improvement
$766,400
Land market value
$377,505
Improvement market value
$787,695
Total market value
$1,165,200
Applied tax rate
5,271.0000
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Total area
15,144 SF
Lot
1.14 ac (49,658 SF)
Zoning code
BA9
APN
59281206670
UPID
US92-3478593
Jurisdiction
SHEBOYGAN
Zoning & alternative use
BA9 · Sheboygan, WI
Zoning BA9 · permitted uses
BA9 · Sheboygan, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sheboygan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$955,000
WAREHOUSE, STORAGE
Est. value
$745,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
2108 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
909 N 8TH ST STE #110, SHEBOYGAN, WI 53081-4056
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Feb 13, 2020
—
2108 LLC
Feider F J & S L L/tr
Grant Deed
related
—
Jan 19, 2017
$900,000
Investors Cmnty Bk
2108 LLC
Grant Deed
related
—
Jan 18, 2017
—
2108 LLC
—
Deed
related
$600,000 · Investors Cmnty Bk
Feb 9, 2005
—
2108 LLC
Owner Name Unavailable
Grant Deed
related
—
Feb 9, 2005
$900,000
2108 LLC
Feider,francis J
Grant Deed
related
—
—
—
2108 LLC
—
Deed Of Trust
related
$600,000 · Investors Cmnty Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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