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Property profile & analytics
OFF-MARKET
Estimated value
$9,920,000
Grocery and convenience stores
2625 Business Dr Sheboygan, WI 53081-6101
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0053077
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2011
Construction
STEEL FRAME
Total area
68,182 SF
Lot
7.85 ac (342,120 SF)
Zoning code
BB2
APN
59281431120
UPID
US92-0053077
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
-
Pick 'n Save Pharmacy Pharmacy
-
Ashley Store + Outlet Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.59M
Comparable Approach
Comparable
$8.25M
Blend (final)
Blend
$9.92M
Owner & transaction history
Cole Ps Sheboygan Wi LLC · 13 yrs held
Cole Ps Sheboygan Wi LLC
since 2012
3 recorded transactions
Zoning & alternative use
BB2 · Sheboygan, 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 Sheboygan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheboygan 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,550,000
6.5%
$11,585,000
7%
$10,760,000
Blend value · Realmo final
$9.92M
Range $8.93M – $10.91M · ±10%
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
$145 / 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
$152,557
Tax year 2023
Assessed value
$8,704,000
Assessed 2023
Previous assessed
$8,704,000
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$3,450,500
Assessed improvement
$5,253,500
Land market value
$3,546,594
Improvement market value
$5,399,806
Total market value
$8,946,400
Applied tax rate
5,271.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2011
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
68,182 SF
Lot
7.85 ac (342,120 SF)
Zoning code
BB2
APN
59281431120
UPID
US92-0053077
Jurisdiction
SHEBOYGAN
Zoning & alternative use
BB2 · Sheboygan, WI
Zoning BB2 · permitted uses
BB2 · Sheboygan, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sheboygan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
7.85 ac
Current owner
From public records · entity-resolved
Cole Ps Sheboygan Wi LLC
Entity
Free & Clear · 13 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2012
—
Cole Ps Sheboygan Wi LLC
—
Deed Of Trust
related
$250,000,000 · J P Morgan Chase Bank
Sep 7, 2012
$14,122,000
Cole Ps Sheboygan Wi LLC
Continental 194 Fund LLC
Grant Deed
—
May 3, 2011
$3,300,000
Continental 194 Fund LLC
Kmart Express LLC
Warranty Deed
related
$8,322,885 · Town 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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