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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Strip malls
2515 Mason St Green Bay, WI 54303-4838
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-3289166
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Construction
METAL FRAME
Total area
9,535 SF
Lot
2.29 ac (99,752 SF)
APN
6H 1112-D
UPID
US92-3289166
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
-
The Farmacy Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
$2.01M
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.48M
Owner & transaction history
Legacy Minded Real Estate LLC · 6 yrs held
Legacy Minded Real Estate LLC
since 2020
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+65.6%
Auto repair, garage
$1.3M
+53.9%
Office building
$1.2M
+44.4%
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 Green Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Green Bay 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
Method
Estimation
Statistic approach
$1,660,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
$2,175,000
6.5%
$2,005,000
7%
$1,865,000
Alternative Use
Use
Estimation
RESTAURANT
$1,395,000
Change: +66% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,295,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$1,215,000
Change: +44% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,005,000
Change: +19% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$900,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±10% · vs last sale $1.50M (Apr 20 2020)
Last sale anchor
$1.50M
Apr 20 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$155 / SF
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
$56,768
Tax year 2023
Assessed value
$2,926,400
Assessed 2023
Previous assessed
$2,092,100
+39.9% YoY
Effective rate
1.94%
On assessed value
Assessed land
$583,800
Assessed improvement
$2,342,600
Total market value
$3,292,900
Applied tax rate
2,289.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Construction
METAL FRAME
Heating
NONE
Buildings
2
Total area
9,535 SF
Lot
2.29 ac (99,752 SF)
APN
6H 1112-D
UPID
US92-3289166
Jurisdiction
BROWN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$900,000
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
METAL FRAME
Heating
NONE
Buildings
2
Lot
2.29 ac
Current owner
From public records · entity-resolved
Legacy Minded Real Estate LLC
Entity
Mailing address
2515 W MASON ST, GREEN BAY, WI 54303-4838
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2020
$1,500,000
Legacy Minded Real Estate LLC
Bankers Service Corp
Grant Deed
$1,900,000 · Bankfirst
Sep 8, 2016
—
Bankers Service Corp
Ixonia Bk
Grant Deed
—
Oct 22, 2008
$3,700,000
4 S LLC
Watermolen,mary I
Warranty Deed
$2,960,000 · Isb Community Bank
Dec 14, 2007
—
Watermolen Norman Mr.
—
Deed Of Trust
related
$860,000 · Blc Community Bank
—
—
4 S LLC
—
Deed Of Trust
related
$420,000 · Isb Community Bank
—
—
4 S LLC
—
Deed Of Trust
related
$10,059,535 · Isb Community Bank
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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