Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    223 Gas Lgt Cir Racine, WI 53403-1081

    • Hotels
    • 71,184 SF
    • 1.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US92-1010569
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • DoubleTree by Hilton Racine Harbourwalk / Hotel
    • DoubleTree by Hilton Hotel Racine Harbourwalk / Hotel

    Property Details for 223 Gas Lgt Cir

    Year built
    1993
    Lot size
    1.05 lot acres
    Property size
    71,184 SF
    Zone code
    B4
    Property type
    Hotels
    APN
    276 000000050146
    APU
    276000000050146

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.7802
    Latitude
    42.7312
    CBSA code
    39540
    CBSA name
    RACINE, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $162,495
    $456,500
    $5,528,500
    $5,985,000
    -
    $505,571
    $6,122,784
    $6,628,355

    Comparable in this City

    • Value Estimation by Request
      7,759 SF

      1700 Durand Ave

      MOTEL • 7,759 SF
      1700 Durand Ave, Racine, WI 53403-3272
      View Details
    • Value Estimation by Request
      0.21 Acres

      1204 23rd St

      OFFICE BUILDING • 0.21 Acres
      1204 23rd St, Mount Pleasant, WI 53403-3312
      View Details
    • Value Estimation by Request
      0.09 Acres

      414 7th St

      VACANT COMMERCIAL LAND • 0.09 Acres
      414 7th St, Racine, WI 53403-1222
      View Details
    • Value Estimation by Request
      0.05 Acres

      3037 Capitol Ave

      COMMERCIAL (GENERAL) • 0.05 Acres
      3037 Capitol Ave, Mount Pleasant, WI 53403-3507
      View Details
    • Value Estimation by Request
      0.34 Acres

      1525 Durand Ave

      COMMERCIAL (GENERAL) • 0.34 Acres
      1525 Durand Ave, Mount Pleasant, WI 53403-3360
      View Details
    • Value Estimation by Request
      2.25 Acres

      2801 Memorial Dr

      MANUFACTURING (LIGHT) • 2.25 Acres
      2801 Memorial Dr, Racine, WI 53403-3214
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,160 SF

      Lake Avenue Office Building

      Historic Racine Office Space, Lake Views
      601 Lake Ave, Racine, WI 53403
      View Details
    • $2,995,000
      182,142 SF

      Racine Industrial & Corporate HQ

      Prime industrial and corporate headquarters opportunity in Racine, Wisconsin.
      1328 Racine St, Racine, WI 53403
      View Details
    • $189,900
      0.11 Acres

      Racine Triplex Investment Opportunity

      Fully rented triplex near Lake Michigan and local amenities.
      1532 Owen Ave, Racine, WI 53403
      View Details
    • $5,500,000
      70,000 SF

      Office/Retail Building with Additional Building

      Multi-tenant office/retail building with additional building and parking.
      212 4Th St, Racine, WI 53403
      View Details
    • $299,000
      3,105 SF

      Downtown Racine Mixed-Use Building

      Retail/office/residential building in downtown Racine on Main Street.
      420 Main St, Racine, WI 53403
      View Details
    • $125,000
      0.22 Acres

      Racine Investment Opportunity: Three Units

      Three units on one lot near downtown Racine.
      1410 12Th St, Racine, WI 53403
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      27,160 SF

      Harborview Professional Building: Racine, WI

      Downtown Racine Office Space: Lake Michigan Views
      601 Lake Ave, Racine, WI 53403
      View Details
    • $10 SF/Yr
      12,000 SF

      Prime Retail Space in Racine

      Versatile commercial space with parking, drive-in door, and basement.
      1610 Washington Ave, Racine, WI 53403
      View Details
    • Contact for pricing
      45,511 SF

      One Main Centre: Racine Office Space

      Downtown Racine office suites, 1,124-8,444 sq ft.
      1 Main St, Racine, WI 53403
      View Details
    • $15 SF/Yr
      3,500 SF

      Commercial Flex Space Available

      3,500 sq ft flex space with climate control.
      316 Sheridan Rd, Racine, WI 53403
      View Details
    • $11 SF/Yr
      8,505 SF

      330 Main St.

      Coworking space • 8,505 SF
      330 Main St, Racine, WI 53403
      View Details

    Property Visit Statistics

    • Visits by month
      8.6k
    • Visitors by month
      4.0k
    • Avg Time on site
      318 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    223 Gas Lgt Cir
    Racine, WI 53403-1081
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.