Property profile

2240 Northwestern Ave Racine, WI 53404

OFF-MARKET
Grocery and convenience stores
Property ID
US92-0156963
1,769 SF 0.68 ac lot Built 1966
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1966
Total area 1,769 SF
Lot 0.68 ac (29,664 SF)
Zoning code I2
APN 276 000008422008
UPID US92-0156963

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Bank Credit Union
  • Atm
  • Home Health Care Service
  • Atm Gas Station

Location

2240 Northwestern Ave Racine, WI 53404-2519
Racine metro Census 1202 RACINE, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2019
7 recorded transactions
2021
Price N/A
2019
Price N/A
2019
Price N/A
2019
$600,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I2 · Racine, WI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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