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Property profile & analytics
OFF-MARKET
Estimated value
$3,165,000
Commercial land
2701 Washington Ave, Sheboygan, WI 53081-6432
Entity Owned
7-yr Hold
Free & Clear
Property ID
US92-0759042
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1989
Total area
30,519 SF
Lot
10.4 ac (453,024 SF)
Zoning code
BB5
APN
59281431772
UPID
US92-0759042
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
-
Service-Sheboygan Chrysler Dodge Jeep RAM Auto Repair Shop Vehicle Inspection Center
-
Parts-Sheboygan Chrysler Dodge Jeep RAM Auto Parts Store
-
Sheboygan Chrysler Dodge Jeep RAM Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.24M
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$3.17M
Owner & transaction history
Rydell Management Co · 7 yrs held
Rydell Management Co
since 2018
7 recorded transactions
Zoning & alternative use
BB5 · Sheboygan, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.5M
+29.9%
Retail stores
$2.4M
+23.9%
Restaurant
$2.3M
+21.2%
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%
$3,510,000
6.5%
$3,240,000
7%
$3,010,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,920,000
Current use
AUTO REPAIR, GARAGE
$2,495,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$2,380,000
Change: +24% · Conversion: Easy
RESTAURANT
$2,330,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$3.17M
Range $2.85M – $3.48M · ±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
$104 / 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
$56,513
Tax year 2023
Assessed value
$3,224,300
Assessed 2023
Previous assessed
$3,224,300
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$1,468,400
Assessed improvement
$1,755,900
Land market value
$1,509,296
Improvement market value
$1,804,804
Total market value
$3,314,100
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1989
Heating
NONE
Total area
30,519 SF
Lot
10.4 ac (453,024 SF)
Zoning code
BB5
APN
59281431772
UPID
US92-0759042
Jurisdiction
SHEBOYGAN
Zoning & alternative use
BB5 · Sheboygan, WI
Zoning BB5 · permitted uses
BB5 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
RESTAURANT
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
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
Year built
1989
Heating
NONE
Lot
10.4 ac
Current owner
From public records · entity-resolved
Rydell Management Co
Entity
Free & Clear · 7 yrs held
Mailing address
2701 WASHINGTON AVE, SHEBOYGAN, WI 53081-6432
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2018
$3,333,400
Rydell Management Co
Sheboygan Chrysler Center In
Warranty Deed
—
Mar 23, 2018
—
Sheboygan Chevrolet Buick Gmc
—
Loan Modification
related
$5,000,000 · Us Bk
Sep 24, 2012
—
Chevrolet Buick Pont Sheboygan
—
Deed Of Trust
related
$6,225,334 · Us Bank NA
Oct 14, 2010
—
Sheboygan Chrysler Center INC
Sheboygan County
Quit Claim Deed
related
—
Aug 31, 2010
—
Chevrolet Buick Pont Sheboygan
—
Deed Of Trust
related
$6,000,000 · Us Bank NA
—
—
Sheboygan Chrysler Center INC
—
Deed Of Trust
related
$939,163 · M & I Marshall & Isley Bank
—
—
Sheboygan Chrysler Center INC
—
Deed Of Trust
related
$1,000,000 · Wells Fargo 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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