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Property profile

217 W Cherry St Lancaster, WI 53813

FOR SALE
Other commercial real estate
Property ID
US92-2422964
0.06 ac lot
Last sale Jun 2010 · $65,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A three-unit property in a solid brick building configuration, with commercial space on the main level and two residential units on the upper level. The main-level commercial area is vacant and includes a full bathroom, an office, and a large storage area, with large display windows and wood flooring; noted improvements include furnace, plumbing, electrical, and flooring updates. A full basement is available for additional storage. The upper level consists of one occupied one-bedroom unit on a…

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?
$1k
Tax billed · 2023
Assessed value$89k
Assessed land$13k
Assessed improvement$76k
Effective rate1.47%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$3k
Operating expenses−$13k
NOI · 12.00% cap applied$22k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
12.00%
$22k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRANT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.1
Building Supply12.4
Dental Office10.2

Location

217 W Cherry St Lancaster, WI 53813
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
147 Hickory, Lancaster, WI 53813-1401 $120,000 Jan 2026 No data
200 Alona, Lancaster, WI 53813-2154 $900,000 Dec 2025 No data
120 Maple, Lancaster, WI 53813-1764 $100,000 Oct 2025 No data
130 Elm, Lancaster, WI 53813-1258 $150,000 Feb 2025 No data
9747 Tv, Lancaster, WI 53813 $35,000 Jan 2025 No data
319 Us Hwy 61, Lancaster, WI 53813 $15,000 Nov 2024 No data
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
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