Property profile

215 6Th St Racine, WI 53403

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US92-1259142
5,923 SF 0.12 ac Built 1900
Last sale Apr 2017
Trust Owned Owner of record is a trust. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
215 6Th St, Racine, WI 53403 For Lease
$995/Mo 1,200 SF available
215 6Th St, Racine, WI 53403
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$298k
Assessed land$34k
Assessed improvement$264k
Effective rate2.99%

Value estimate

· Nov 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$5k
Operating expenses−$5k
NOI$15k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$26 – $88
Qualifying comparables7

Cap rate analysis

How does the asset earn?
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B4
JurisdictionRACINE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.8
Laundry Service9.4
Tailor Shop9.4

Location

215 6Th St Racine, WI 53403
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1007 Washington, Racine, WI 53403-1761 $300,000 Jan 2024 7,384 SF
1409 Washington, Racine, WI 53403-2254 $140,000 Aug 2023 7,385 SF
434 Main, Racine, WI 53403-1031 $70,000 Jun 2023 6,360 SF
408 Main, Racine, WI 53403-1031 $350,000 Mar 2023 5,901 SF
512 Main, Racine, WI 53403 $340,000 Mar 2023 5,600 SF
516 Main, Racine, WI 53403 $380,000 Sep 2021 5,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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