Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2420 18th St Racine, WI 53403-2381

    • Manufacturing properties
    • 1.74 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US92-1081008
    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

    • Master Appliance Corporation / Tool Manufacturer

    Property Details for 2420 18th St

    Lot size
    1.74 lot acres
    Zone code
    I1
    Property type
    Manufacturing properties
    APN
    276 000013281000
    APU
    276000013281000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $345,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $385,000
      Mixed-Use
      $310,000
      Hospitality
      $295,000
      Educational
      $380,000
      Residential Income
      $340,000
      Energy
      $295,000
      Income-Based Land
      $355,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.8082
    Latitude
    42.7094
    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
    $11,909
    $92,800
    $369,500
    $462,300
    -
    $102,775
    $409,219
    $511,994

    Comparable in this City

    • Value Estimation by Request
      8.08 Acres

      1401 Howe St

      MANUFACTURING (LIGHT) • 8.08 Acres
      1401 Howe St, Racine, WI 53403
      View Details
    • Value Estimation
      $65,000
      0.66 Acres

      1501 De Koven Ave

      MANUFACTURING (LIGHT) • 0.66 Acres
      1501 De Koven Ave, Racine, WI 53403
      View Details
    • Value Estimation by Request
      5.58 Acres

      3633 Memorial Dr

      MANUFACTURING (LIGHT) • 5.58 Acres
      3633 Memorial Dr, Racine, WI 53403-3823
      View Details
    • Value Estimation
      $395,000
      1.50 Acres

      931 Carrol St

      MANUFACTURING (LIGHT) • 1.50 Acres
      931 Carrol St, Racine, WI 53403-1822
      View Details
    • Value Estimation by Request
      2.76 Acres

      3914 Memorial Dr

      MANUFACTURING (LIGHT) • 2.76 Acres
      3914 Memorial Dr, Racine, WI 53403-3800
      View Details
    • Value Estimation
      $380,000
      4.15 Acres

      1339 17th St

      MANUFACTURING (LIGHT) • 4.15 Acres
      1339 17th St, Racine, WI 53403-2509
      View Details

    Similar Nearby for Sale

    • $2,995,000
      182,142 SF

      Racine Industrial & Corporate HQ

      Prime industrial and corporate headquarters opportunity in Racine, Wisconsin.
      1328 Racine St, Racine, WI 53403
      View Details
    • $600,000
      3,500 SF

      Racine Street Warehouse Investment

      Mount Pleasant industrial warehouse, high traffic.
      2300 Racine St, Mount Pleasant, WI 53403
      View Details
    • $600,000
      13,500 SF

      Two Warehouse Buildings For Sale

      Two warehouse buildings on approximately 0.78 acres available for purchase.
      2300 Racine St, Mt Pleasant, WI 53403
      View Details
    • Contact for pricing
      27,160 SF

      Lake Avenue Office Building

      Historic Racine Office Space, Lake Views
      601 Lake Ave, Racine, WI 53403
      View Details
    • New
      $334,900
      0.09 Acres

      Racine Four-Unit Brick Building

      Four-unit building with updates, garage, and income potential.
      1100 Valley Dr, Racine, WI 53403
      View Details
    • $5,500,000
      70,000 SF

      Office/Retail Building with Additional Building

      Multi-tenant office/retail building with additional building and parking.
      212 4Th St, Racine, WI 53403
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      3,500 SF

      Commercial Flex Space Available

      3,500 sq ft flex space with climate control.
      316 Sheridan Rd, Racine, WI 53403
      View Details
    • Contact for pricing
      27,160 SF

      Harborview Professional Building: Racine, WI

      Downtown Racine Office Space: Lake Michigan Views
      601 Lake Ave, Racine, WI 53403
      View Details
    • $10 SF/Yr
      12,000 SF

      Prime Retail Space in Racine

      Versatile commercial space with parking, drive-in door, and basement.
      1610 Washington Ave, Racine, WI 53403
      View Details
    • Contact for pricing
      45,511 SF

      One Main Centre: Racine Office Space

      Downtown Racine office suites, 1,124-8,444 sq ft.
      1 Main St, Racine, WI 53403
      View Details
    • $11 SF/Yr
      8,505 SF

      330 Main St.

      Coworking space • 8,505 SF
      330 Main St, Racine, WI 53403
      View Details

    Property Visit Statistics

    • Visits by month
      14.7k
    • Visitors by month
      6.5k
    • Avg Time on site
      4 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2420 18th St
    Racine, WI 53403-2381
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.