Financial
Distress signals
Property profile

24408 75Th St Paddock Lake, WI 53168

FOR SALE
Other commercial real estate
Property ID
US92-1072839
3,320 SF 0.51 ac lot Built 1920
Last sale Nov 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 1920-constructed commercial building in a storefront configuration, providing first-floor space suited for retail, office, service, or professional uses. It is located at 24408 75th St in Salem Lakes, Wisconsin, along Hwy 50, with direct highway/site access and parking provided for occupants and visitors. The property is identified as having Comm zoning.

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?
$4k
Tax billed · 2023
Assessed value$280k
Assessed land$120k
Assessed improvement$160k
Effective rate1.30%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 1,168.73% cap applied$18k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$60 – $184
Qualifying comparables20

Cap rate analysis

How does the asset earn?
1,168.73%
$18k 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?
B-1
The primary purpose and characteristics of the B-1 Neighborhood Business District are intended to allow for limited commercial, retail an...
General categoryCOMMERCIAL
JurisdictionKENOSHA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.3
Building Supply12.2
Spa & Massage10.7

Location

24408 75Th St Paddock Lake, WI 53168
County assessor Recorded deeds · 2 transfers 20 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
7137 236th, Salem, WI 53168-8975 $450,000 Nov 2024 2,462 SF
24123 75th, Salem, WI 53168-9669 $1,187,000 May 2024 2,724 SF
9730 Antioch, Salem, WI 53168-8917 $400,000 Nov 2022 2,082 SF
32214 Geneva, Salem, WI 53168-9552 $8,400 May 2022 2,501 SF
25360 75th, Salem, WI 53168-9684 $1,300,000 Oct 2021 5,399 SF
10306 Antioch, Salem, WI 53168-9343 $250,000 Apr 2021 2,174 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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