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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Retail space
2709 Business Dr Sheboygan, WI 53081-6515
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-3478802
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,700 SF
Lot
1.48 ac (64,545 SF)
Zoning code
BB2
APN
59281431125
UPID
US92-3478802
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
-
Family Dollar Discount Store
-
Dollar Tree Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.75M
Blend (final)
Blend
$2.45M
Owner & transaction history
Jvpt LLC · 14 yrs held
Jvpt LLC
since 2012
7 recorded transactions
Zoning & alternative use
BB2 · Sheboygan, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+4.9%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,770,000
Current use
AUTO REPAIR, GARAGE
$1,855,000
Change: +5% · Conversion: Difficult
RESTAURANT
$1,730,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±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
$108 / 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
$54,226
Tax year 2023
Assessed value
$3,093,800
Assessed 2023
Previous assessed
$3,093,800
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$530,600
Assessed improvement
$2,563,200
Land market value
$545,384
Improvement market value
$2,634,616
Total market value
$3,180,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
22,700 SF
Lot
1.48 ac (64,545 SF)
Zoning code
BB2
APN
59281431125
UPID
US92-3478802
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RESTAURANT
Est. value
$1.7M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.48 ac
Current owner
From public records · entity-resolved
Jvpt LLC
Entity
Free & Clear · 14 yrs held
Mailing address
3 W UN AVE, CEDAR GROVE, WI 53013-1394
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2020
—
J W Haldorm Properties LLC
—
Deed
related
$150,000 · Bankfirst
Aug 20, 2019
—
J W Haldorm Properties LLC
—
Deed
related
$1,356,839 · Bankfirst
Aug 22, 2016
—
Jw Haldorm Properties LLC
—
Deed
related
$1,490,840 · West Point Bk
Jan 6, 2014
—
J W Haldorm Properties LLC
—
Trustees Deed
related
$200,000 · West Pointe Bk
Apr 11, 2013
—
J W Haldorm Properties LLC
—
Trustees Deed
related
$144,000 · West Pointe Bank
Aug 23, 2012
—
J W Haldorm Properties LLC
—
Trustees Deed
related
$128,000 · West Pointe Bank
Apr 5, 2012
—
J W Haldorm Properties LLC
—
Trustees Deed
related
$50,000 · West Pointe Bank
Jan 6, 2012
$375,000
Jvpt LLC
Sheriff Of Sheboygan County
Trustees Deed
—
Feb 3, 2004
—
Blt Of Sheboygan LLC
Quadrindt LLC
Grant Deed
related
—
—
—
J W Haldorm Properties LLC
—
Deed Of Trust
related
$1,356,839 · Bankfirst
—
—
J W Haldorm Properties LLC
—
Deed Of Trust
related
$638,500 · West Pointe Bank
—
—
J W Haldorm Properties LLC
—
Deed Of Trust
related
$110,000 · West Pointe Bank
—
—
Jw Haldorm Properties LLC
—
Deed Of Trust
related
$1,490,840 · West Point Bk
—
—
J W Haldorm Properties LLC
—
Deed Of Trust
related
$150,000 · Bankfirst
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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