Back to Search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2731 Durand Ave Racine, WI 53403-3451
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US92-3466938
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1977
Total area
2,500 SF
Lot
0.41 ac (17,990 SF)
Zoning code
B2
APN
276 000016879008
UPID
US92-3466938
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
-
Open Pantry Grocery & Convenience Store
-
Amazon Locker - Sasha Postal Service Courier Service
-
GetCoins Bitcoin ATM Money Transfer Service Crypto Atm
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Racine · 8 yrs held
City Of Racine
since 2017
7 recorded transactions
Zoning & alternative use
B2 · Racine, WI
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 Racine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Racine 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,750
Tax year 2023
Assessed value
$505,000
Assessed 2023
Previous assessed
$482,000
+4.8% YoY
Effective rate
2.52%
On assessed value
Assessed land
$90,000
Assessed improvement
$415,000
Land market value
$99,674
Improvement market value
$459,610
Total market value
$559,284
Applied tax rate
276.0000
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
CONVENIENCE STORE
Status
Off-Market
Year built
1977
Heating
YES
Cooling
YES
Stories
1
Total area
2,500 SF
Lot
0.41 ac (17,990 SF)
Zoning code
B2
APN
276 000016879008
UPID
US92-3466938
Jurisdiction
RACINE
Zoning & alternative use
B2 · Racine, WIZoning B2 · permitted uses
B2 · Racine, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Check
Building & site characteristics
From public records
Year built
1977
Heating
YES
Cooling
Yes
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
City Of Racine
Entity
Mailing address
10505 CORPORATE DR STE #101, PLEASANT PRAIRIE, WI 53158-1605
Ownership since
2017
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 18, 2017
—
City Of Racine
E & K Durand LLC
Grant Deed
—
Jan 6, 2011
—
E & K Durand LLC
Buhler,robert A
Quit Claim Deed
related
—
Jan 3, 2011
$535,000
Robert A Buhler
Sheriff Of Racine County
Trustees Deed
—
Jun 1, 2007
$1,215,300
Zssb Enterprises LLC
E & K Land LLC
Grant Deed
—
—
—
Robert A Buhler
—
Deed Of Trust
related
$240,000 · Tri City National Bank
—
—
Spring E & K Land LLC
—
Deed Of Trust
related
$240,000 · Tri City National Bank
—
—
Zssb Enterprise LLC
—
Deed Of Trust
related
$1,159,000 · Waukesha State 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2731 Durand Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
