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    Property profile & analytics

    2716 Memorial Dr Two Rivers, WI 54241-3638

    • Retail space
    • 6,908 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $110,000
    Last Sale
    Aug 14, 2020
    $120,000
    Location Intelligence
    Property ID
    US92-2273558
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Renée’s Specialties: Makers of Popcorn, Chocolate, Ice Cream, Gelato, and Italian Ice / Popcorn Store / Chocolate Factory

    Property Details for 2716 Memorial Dr

    Year built
    1966
    Lot size
    0.31 lot acres
    Property size
    6,908 SF
    Zone code
    B1
    Property type
    Retail space
    APN
    53-136-001-021.00
    APU
    5313600102100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $120,000
      6.5%
      $105,000
      7%
      $110,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $100,000
      Geo Method
      $105,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $120,000
      Retail
      $105,000
      Mixed-Use
      $110,000
      Hospitality
      $115,000
      Educational
      $110,000
      Residential Income
      $110,000
      Energy
      $105,000
      Income-Based Land
      $95,000
      Food Service
      $110,000

    Location Insight

    • Map
    • Local Demand
    City
    Two Rivers
    County
    Manitowoc
    State
    Wisconsin
    Longitude
    -87.5863
    Latitude
    44.1378
    CBSA code
    31820
    CBSA name
    MANITOWOC, WI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,373
    $23,600
    $102,600
    $126,200
    -
    $0.00
    $0.00
    $200,300

    Comparable in this City

    • Value Estimation
      $490,000
      22,160 SF

      2022 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 22,160 SF
      2022 Washington St, Two Rivers, WI 54241-2646
      View Details
    • Value Estimation
      $145,000
      6,909 SF

      1806 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 6,909 SF
      1806 Washington St, Two Rivers, WI 54241-2642
      View Details
    • Value Estimation by Request
      1,776 SF

      113 Taylor St

      RETAIL STORES (PERSONAL SERVICES) • 1,776 SF
      113 Taylor St, Two Rivers, WI 54241-3902
      View Details
    • Value Estimation
      $160,000
      15,874 SF

      1218 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 15,874 SF
      1218 Madison St, Two Rivers, WI 54241-3518
      View Details
    • Value Estimation by Request
      90,778 SF

      1010 22nd St

      GROCERY, SUPERMARKET • 90,778 SF
      1010 22nd St, Two Rivers, WI 54241-2700
      View Details
    • Value Estimation
      $585,000
      57,084 SF

      2300 Frst Ave

      GROCERY, SUPERMARKET • 57,084 SF
      2300 Frst Ave, Two Rivers, WI 54241-1914
      View Details

    Similar Nearby for Sale

    • $647,000
      33,600 SF

      Downtown Two Rivers Retail Building

      Prime retail space, redevelopment opportunity.
      1816 Washington St, Two Rivers, WI 54241
      View Details
    • $599,900
      50,800 SF

      Downtown Two Rivers Redevelopment Opportunity

      Redevelopment potential in downtown Two Rivers, TIF eligible.
      1816 Washington St, Two Rivers, WI 54241
      View Details
    • $5,000,000
      318,783 SF

      Two Rivers Industrial Center

      Wisconsin Industrial Property: $5M
      606 Parkway Blvd, Two Rivers, WI 54241
      View Details
    • $299,000
      28.08 Acres

      Two Rivers Agricultural Land Parcel

      28.08 acre rural residential land parcel near Two Rivers.
      4955 County Hwy, Two Rivers, WI 54241
      View Details
    • $41,900
      0.23 Acres

      Residential Land Near East Twin

      Vacant land near East Twin River, suitable for development.
      Lt2 Wilson St, Two Rivers, WI 54241
      View Details
    • $41,900
      0.23 Acres

      Residential Land with River Views

      Two Rivers residential land with East Twin River views.
      Lt1 Wilson St, Two Rivers, WI 54241
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    Similar Nearby for Lease

    • Contact for pricing
      6,053 SF

      Prime Two Rivers Retail Space

      High-visibility retail space, ample parking.
      1803 Washington St, Two Rivers, WI 54241
      View Details
    • $3 SF/Yr
      318,783 SF

      Two Rivers Industrial Center Investment

      Wisconsin Manufacturing & Distribution Center
      606 Parkway Blvd, Two Rivers, WI 54241
      View Details
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    Two Rivers, WI 54241-3638
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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