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Property profile & analytics
FOR SALE
Commercial real estate
2304 18Th St Kenosha, WI 53140
Entity Owned
2-yr Hold
Free & Clear
Property ID
US92-0010239
For Sale
1 / 6
$1,220,000
2304 18Th St, Kenosha, WI 53140
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Property summary
AI-generated overview
Anytime Plaza, located at 2304 18th St, Kenosha, WI 53140, offers exceptional retail space in a vibrant commercial center. This multi-tenant property boasts a total of 10,297 square feet, with 2,270 square feet currently available. The available space is comprised of two end-cap units, one measuring 1,120 square feet and the other 1,150 square feet. These units benefit from excellent visibility and prominent monument signage, ensuring maximum exposure for your business. The property is situated in Kenosha County and enjoys a strong tenant mix, including Anytime Fitness, Papa John's Pizza, H&R Block, Modern Cuts, and Tropical Tan, creating a synergistic and attractive retail environment. The minimum divisible space is 1,120 square feet, with a maximum contiguous space of 1,150 square feet. This presents a fantastic opportunity for businesses seeking high-traffic locations with strong co-tenancy. The property's prime location in Kenosha offers easy access for customers and employees alike. Contact us today to learn more about this exceptional retail opportunity.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1997
Total area
10,668 SF
Lot
1.1 ac (47,916 SF)
Zoning code
B-2
APN
07-222-13-476-021
UPID
US92-0010239
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
-
Papa John's Pizza Restaurant
-
Anytime Fitness Gym & Fitness Center
-
Vape kings (Bike/Boat/Book/etc) Store
-
Tropical Tan Tanning Salon
-
Modern Cuts Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$985k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.22M
Owner & transaction history
Hawthorne Cruizers LLC · 2 yrs held
Hawthorne Cruizers LLC
since 2023
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
B-2 · Kenosha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Kenosha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kenosha 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
$1,000,000
ML approach
$985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.49M (Dec 6 2023)
Last sale anchor
$1.49M
Dec 6 2023
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
$114 / 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
$35,369
Tax year 2023
Assessed value
$1,410,700
Assessed 2023
Previous assessed
$1,410,700
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$214,500
Assessed improvement
$1,196,200
Land market value
$312,919
Improvement market value
$1,745,050
Total market value
$2,057,969
Applied tax rate
241.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1997
Heating
YES
Stories
1
Total area
10,668 SF
Lot
1.1 ac (47,916 SF)
Zoning code
B-2
APN
07-222-13-476-021
UPID
US92-0010239
Jurisdiction
KENOSHA
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Kenosha, WI
Zoning B-2 · permitted uses
B-2 · Kenosha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kenosha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
YES
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Hawthorne Cruizers LLC
Entity
Free & Clear · 2 yrs held
Mailing address
354 BLUE CAVERN PT, LONG BEACH, CA 90803-6813
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2023
$1,494,000
Hawthorne Cruizers LLC
Rss Wfcm2016-c32 - Wi Tr LLC
Special Warranty Deed
—
Mar 23, 2022
—
Tr LLC
Kenosha County Sheriff
Sheriffs Deed
related
—
May 20, 2011
$1,000,000
Trl Kenosha LLC
Lakeside Recon Properties LLC
Warranty Deed
—
Sep 6, 2007
$1,320,000
Lakeside Recon Properties LLC
Chen,sidong
Warranty Deed
—
Apr 13, 2004
—
A & M Enterprises LLC
Maurer Company INC
Warranty Deed
related
—
—
—
Trl Kenosha LLC
—
Deed Of Trust
related
$2,400,000 · Symetra Life Insurance Co
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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