Financial
Distress signals
Property profile

240 E Fond Du Lac St Ripon, WI 54971

FOR SALE
Other commercial real estate
Property ID
US92-0918847
17,600 SF 0.69 ac lot Built 1970
Last sale Aug 2020 · $80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Built in 1970, this downtown hotel property consists of 38 rooms within approximately 17,600 square feet. The building is configured with private restrooms and private office(s), along with a shared conference room, and it includes signage opportunities. The property has undergone selective updates and features a composition roof; the overall building condition reflects a need for additional maintenance. The hotel is situated on two lots totaling about 0.93 acres at 240 E Fond du Lac Street in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$700k
Assessed land$44k
Assessed improvement$657k
Effective rate2.51%

Value estimate

· Sep 2026
$370k
$333k – $407k
Submarket $/SF estimate$895k
NOI build-up
Gross scheduled income$264k
Vacancy & credit loss−$26k
Operating expenses−$125k
NOI · 16.13% cap applied$113k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$66/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$41 – $99
Qualifying comparables3

Cap rate analysis

How does the asset earn?
16.13%
$113k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
2
JurisdictionFOND DU LAC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.3
Restaurant15.3
Spa & Massage13.7

Location

240 E Fond Du Lac St Ripon, WI 54971
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1209 Fond Du Lac, Ripon, WI 54971-9289 $1,170,000 Apr 2025 5,932 SF
108 Watson, Ripon, WI 54971-1327 $167,000 Jan 2025 3,826 SF
217 Watson, Ripon, WI 54971-1514 $395,000 Jan 2025 6,300 SF
101 Blackburn, Ripon, WI 54971-1325 $280,000 Aug 2024 15,240 SF
1219 Fond Du Lac, Ripon, WI 54971-9289 $770,000 Jul 2024 23,962 SF
1055 Fond Du Lac, Ripon, WI 54971-9260 $450,000 May 2024 5,848 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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