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    Property profile & analytics

    2300 Frst Ave Two Rivers, WI 54241-1914

    • Grocery and convenience stores
    • 57,084 SF
    • 2.60 lot acres
    OFF-MARKET
    Value Estimation
    $585,000
    Last Sale
    Apr 14, 2022
    $575,000
    Location Intelligence
    Property ID
    US92-2704032
    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

    • Tietz's Piggly Wiggly / Supermarket / Grocery Store
    • Western Union / Money Transfer Service

    Property Details for 2300 Frst Ave

    Year built
    1974
    Lot size
    2.60 lot acres
    Property size
    57,084 SF
    Zone code
    B1
    Property type
    Grocery and convenience stores
    APN
    53-118-001-012.09
    APU
    5311800101209

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $605,000

    • CAP approach

      CAP return
      Estimation
      6%
      $550,000
      6.5%
      $490,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $540,000
      Geo Method
      $505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $470,000
      Mixed-Use
      $490,000
      Hospitality
      $510,000
      Educational
      $615,000
      Residential Income
      $630,000
      Energy
      $640,000
      Income-Based Land
      $515,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Two Rivers
    County
    Manitowoc
    State
    Wisconsin
    Longitude
    -87.5736
    Latitude
    44.1545
    CBSA code
    31820
    CBSA name
    MANITOWOC, WI MICROPOLITAN 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
    $27,051
    $147,100
    $781,000
    $928,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      90,778 SF

      1010 22nd St

      GROCERY, SUPERMARKET • 90,778 SF
      1010 22nd St, Two Rivers, WI 54241-2700
      View Details
    • Value Estimation
      $300,000
      10,193 SF

      2221 Lincoln Ave

      FINANCIAL BUILDING • 10,193 SF
      2221 Lincoln Ave, Two Rivers, WI 54241-2427
      View Details
    • Value Estimation
      $200,000
      17,510 SF

      2614 Williams St

      GYM, HEALTH SPA • 17,510 SF
      2614 Williams St, Two Rivers, WI 54241-1951
      View Details
    • Value Estimation by Request
      6,344 SF

      1720 14th St

      LAUNDROMAT (SELF-SERVICE) • 6,344 SF
      1720 14th St, Two Rivers, WI 54241-2905
      View Details
    • Value Estimation
      $110,000
      6,908 SF

      2716 Memorial Dr

      RETAIL STORES (PERSONAL SERVICES) • 6,908 SF
      2716 Memorial Dr, Two Rivers, WI 54241-3638
      View Details
    • Value Estimation
      $490,000
      22,160 SF

      2022 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 22,160 SF
      2022 Washington St, Two Rivers, WI 54241-2646
      View Details

    Similar Nearby for Sale

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      Wisconsin Industrial Property: $5M
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    • $299,000
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      Two Rivers Agricultural Land Parcel

      28.08 acre rural residential land parcel near Two Rivers.
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    • $41,900
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      Residential Land Near East Twin

      Vacant land near East Twin River, suitable for development.
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    Similar Nearby for Lease

    • Contact for pricing
      6,053 SF

      Prime Two Rivers Retail Space

      High-visibility retail space, ample parking.
      1803 Washington St, Two Rivers, WI 54241
      View Details
    • $3 SF/Yr
      318,783 SF

      Two Rivers Industrial Center Investment

      Wisconsin Manufacturing & Distribution Center
      606 Parkway Blvd, Two Rivers, WI 54241
      View Details

    Property Visit Statistics

    • Visits by month
      24.5k
    • Visitors by month
      10.5k
    • Avg Time on site
      16 min
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    Two Rivers, WI 54241-1914
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    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
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