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    Property profile & analytics

    2425 Memorial Dr Racine, WI 53403-3207

    • Retail space
    • 9,474 SF
    • 3.81 lot acres
    OFF-MARKET
    Value Estimation
    $630,000
    Last Sale
    Apr 05, 2021
    $600,000
    Location Intelligence
    Property ID
    US92-0981307
    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

    • Tower Energy Partners / Energy Equipment And Solutions / Energy Supplier
    • ZP Construction LLC / Roofing Contractor / Construction Company

    Property Details for 2425 Memorial Dr

    Year built
    1981
    Lot size
    3.81 lot acres
    Property size
    9,474 SF
    Zone code
    I2
    Property type
    Retail space
    APN
    276 000016857021
    APU
    276000016857021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $640,000

    • CAP approach

      CAP return
      Estimation
      6%
      $630,000
      6.5%
      $600,000
      7%
      $705,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $575,000
      Geo Method
      $705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $745,000
      Retail
      $700,000
      Mixed-Use
      $660,000
      Hospitality
      $595,000
      Educational
      $760,000
      Residential Income
      $595,000
      Energy
      $710,000
      Income-Based Land
      $595,000
      Food Service
      $730,000

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.7978
    Latitude
    42.7012
    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
    $13,910
    $95,300
    $448,700
    $544,000
    -
    $105,544
    $496,932
    $602,476

    Comparable in this City

    • Value Estimation by Request
      540 SF

      1132 Memorial Dr

      RETAIL STORES (PERSONAL SERVICES) • 540 SF
      1132 Memorial Dr, Racine, WI 53403-1662
      View Details
    • Value Estimation
      $310,000
      10,800 SF

      1973 Taylor Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,800 SF
      1973 Taylor Ave, Racine, WI 53403-2475
      View Details
    • Value Estimation
      $290,000
      6,400 SF

      301 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,400 SF
      301 Main St, Racine, WI 53403-1057
      View Details
    • Value Estimation
      $285,000
      2,590 SF

      532 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,590 SF
      532 Main St, Racine, WI 53403
      View Details
    • Value Estimation
      $395,000
      5,600 SF

      516 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,600 SF
      516 Main St, Racine, WI 53403
      View Details
    • Value Estimation
      $320,000
      2,880 SF

      1445 Jct Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      1445 Jct Ave, Racine, WI 53403
      View Details

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    • $265,000
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      Racine Retail Property For Sale

      Retail property available for purchase in Racine, Wisconsin.
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      View Details
    • Contact for pricing
      27,160 SF

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    Similar Nearby for Lease

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    • $15 SF/Yr
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    • Contact for pricing
      27,160 SF

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      Downtown Racine Office Space: Lake Michigan Views
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      View Details
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    Racine, WI 53403-3207
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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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