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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Drive through restaurants
2276 Mason St Green Bay, WI 54302-3745
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-1160303
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1988
Total area
2,545 SF
Lot
1.47 ac (64,164 SF)
Zoning code
C3
APN
21 126-5
UPID
US92-1160303
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
-
Green Tea Chinese Drive Thru Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$530k
Owner & transaction history
Olivia Chen Real Estate LLC · 1 yrs held
Olivia Chen Real Estate LLC
since 2024
Last sale
$530,000
3 recorded transactions
Zoning & alternative use
C3 · Green Bay, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C3 Community Center Commercial is intended to provide for major commercial districts that serve a significant segment of the City's population. It is characterized by businesses that are major traffic generators requiring access from major thoroughfares, such as shopping centers and big box retail establishments
Zone name
Commercial Three
General category
COMMERCIAL
Zone area
149.03 ac
Source
Realmo
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 Green Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Green Bay 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
$530,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$370,000
Current use
AUTO REPAIR, GARAGE
$345,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$325,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $530k (Sep 20 2024)
Last sale anchor
$530k
Sep 20 2024
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
$208 / 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
$17,174
Tax year 2023
Assessed value
$891,900
Assessed 2023
Previous assessed
$891,900
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$783,000
Assessed improvement
$108,900
Total market value
$1,003,600
Applied tax rate
2,289.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1988
Heating
NONE
Total area
2,545 SF
Lot
1.47 ac (64,164 SF)
Zoning code
C3
APN
21 126-5
UPID
US92-1160303
Jurisdiction
BROWN
Zoning & alternative use
C3 · Green Bay, WIZoning C3 · permitted uses
C3 · Green Bay, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C3 Community Center Commercial is intended to provide for major commercial districts that serve a significant segment of the City's population. It is characterized by businesses that are major traffic generators requiring access from major thoroughfares, such as shopping centers and big box retail establishments
Zone name
Commercial Three
General category
COMMERCIAL
Zone area
149.03 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$370,000
AUTO REPAIR, GARAGE
Est. value
$345,000
OFFICE BUILDING
Est. value
$325,000
RESTAURANT Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1988
Heating
NONE
Lot
1.47 ac
Current owner
From public records · entity-resolved
Olivia Chen Real Estate LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2276 E MASON ST GRN BAY
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2024
—
Olivia Chen Real Estate LLC
Zhende Chen
Intrafamily Transfer
related
—
Jan 12, 2024
—
Maldonados Main Street LLC
—
Deed
related
$350,000 · Tedford Enterprises LLC
Jan 29, 2016
$530,000
Zhende Chen
Dziewit Real Estate Invs LLC
Warranty Deed
—
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.
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