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Property profile & analytics
OFF-MARKET
Commercial real estate
24820 75th St, Salem, WI 53168-8808
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US92-3423870
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1995
Total area
1,040 SF
Lot
0.7 ac (30,492 SF)
Zoning code
B-1
APN
40-4-120-034-1010
UPID
US92-3423870
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Paddock Lake Marathon Gas Station
-
ATM Atm
-
Rapids Minimart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jt Petroleum LLC · 5 yrs held
Jt Petroleum LLC
since 2020
Last sale
$250,000
5 recorded transactions
Zoning & alternative use
B-1 · Salem, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,732
Tax year 2023
Assessed value
$350,000
Assessed 2023
Previous assessed
$255,000
+37.3% YoY
Effective rate
1.64%
On assessed value
Assessed land
$244,000
Assessed improvement
$106,000
Land market value
$224,961
Improvement market value
$97,729
Total market value
$322,690
Applied tax rate
171.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1995
Heating
YES
Buildings
4
Stories
1
Total area
1,040 SF
Lot
0.7 ac (30,492 SF)
Zoning code
B-1
APN
40-4-120-034-1010
UPID
US92-3423870
Jurisdiction
KENOSHA
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Salem, WI
Zoning B-1 · permitted uses
B-1 · Salem, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
YES
Stories
1
Buildings
4
Lot
0.7 ac
Current owner
From public records · entity-resolved
Jt Petroleum LLC
Entity
Mailing address
9653 N GRANVILLE RD, MEQUON, WI 53097-3513
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2020
$250,000
Jt Petroleum LLC
New Midwest Wisconsin LLC
Special Warranty Deed
$335,000 · Bank Five Nine
Feb 2, 2012
$210,000
New Midwest Wi LLC
American Ents Properties Wi
Grant Deed
—
Jan 31, 2012
—
American Enterprise Bk
Sheriff Of Kenosha County
Trustees Deed
related
—
Feb 4, 2008
$950,000
Paddock Petroleum INC
Paddock Lake Re LLC
Grant Deed
related
—
Aug 21, 2007
$435,000
Paddock Petroleum LLC
Paddock Lake Re LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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