Property profile

2416 Lathrop Ave Mount Pleasant, WI 53405

OFF-MARKET
Bars & Pubs
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Property ID
US92-3383592
1,468 SF 0.14 ac Built 1930
Last sale Aug 2026·$215,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a fully operating house-style tavern (bar) with a long-standing, multi-decade history of bar operation. It is located at 2416 Lathrop Avenue in Racine on a main throughway, positioned along a primary route to support everyday street visibility. The premises are configured as a bar/tavern business location within a house-style setting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$180k
Assessed land$55k
Assessed improvement$125k
Effective rate2.67%

Value estimate

· Nov 2026
$245k
$221k – $270k
AI approach$245k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$170/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$68 – $276

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionRACINE

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 agency49.5
Law Firm41.5
Restaurant23.7

Location

2416 Lathrop Ave Mount Pleasant, WI 53405-4141
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3317 Durand, Racine, WI 53405-4205 $222,873 Feb 2025 1,183 SF
2300 Lathrop, Racine, WI 53405-4139 $180,000 Feb 2024 1,539 SF
2022 Lathrop, Racine, WI 53405-3759 $550,000 Jan 2024 1,050 SF
1136 Hayes, Racine, WI 53405 $68,500 Dec 2022 1,328 SF
3505 Spg, Racine, WI 53405-1731 $254,000 Dec 2021 1,473 SF
2718 16th, Racine, WI 53405-3514 $56,000 Feb 2021 1,800 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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