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    Property profile & analytics

    2310 16th St Racine, WI 53405-3506

    • Investment properties
    • 2,107 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US92-3501219
    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

    • Investment properties

    Property Details for 2310 16th St

    Year built
    1910
    Lot size
    0.03 lot acres
    Property size
    2,107 SF
    Zone code
    R3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    276 000009251000
    APU
    276000009251000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $230,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $265,000
      Mixed-Use
      $220,000
      Hospitality
      $240,000
      Educational
      $265,000
      Residential Income
      $215,000
      Energy
      $270,000
      Income-Based Land
      $220,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.807
    Latitude
    42.7126
    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
    $3,051
    $3,900
    $88,100
    $92,000
    -
    $4,319
    $97,570
    $101,889

    Comparable in this City

    • Value Estimation
      $170,000
      4,750 SF

      3205 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,750 SF
      3205 Washington Ave, Racine, WI 53405-3036
      View Details
    • Value Estimation
      $200,000
      1,836 SF

      1405 Lathrop Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,836 SF
      1405 Lathrop Ave, Racine, WI 53405-3232
      View Details
    • Value Estimation
      $185,000
      4,000 SF

      1116 Grv Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,000 SF
      1116 Grv Ave, Racine, WI 53405-3028
      View Details
    • Value Estimation
      $205,000
      2,268 SF

      3523 16th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,268 SF
      3523 16th St, Racine, WI 53405-3321
      View Details
    • Value Estimation
      $255,000
      2,700 SF

      2712 16th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,700 SF
      2712 16th St, Racine, WI 53405-3514
      View Details
    • Value Estimation
      $195,000
      2,651 SF

      2430 Lathrop Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,651 SF
      2430 Lathrop Ave, Racine, WI 53405-4141
      View Details

    Similar Nearby for Sale

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      0.12 Acres

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    Similar Nearby for Lease

    • $8 SF/Yr
      65,118 SF

      Lathrop Ave Retail Center

      High-traffic retail space available
      2005 Lathrop Ave, Racine, WI 53405
      View Details
    • $14 SF/Yr
      11,485 SF

      Grocery Anchored Retail Space

      Retail space in well-positioned, grocery-anchored shopping center.
      4011 Durand Ave, Racine, WI 53405
      View Details
    • Contact for pricing
      3,400 SF

      Move-In-Ready Class A Office Space

      State-of-the-art office space with furnished offices and abundant parking.
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      View Details
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    Racine, WI 53405-3506
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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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