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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Residential income homes
2811 University Ave Green Bay, WI 54311-5855
Entity Owned
13-yr Hold
Absentee Owner
Property ID
US92-3512764
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Construction
WOOD
Total area
9,162 SF
Lot
2.44 ac (106,156 SF)
Zoning code
R3
APN
21 429-3
UPID
US92-3512764
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.50M
Owner & transaction history
Dennisons Investments LLC · 13 yrs held
Dennisons Investments LLC
since 2012
7 recorded transactions
Zoning & alternative use
R3 · Green Bay, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+54.7%
Auto repair, garage
$1.2M
+43.8%
Office building
$1.2M
+34.9%
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 Green Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Green Bay 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%
$1,335,000
6.5%
$1,230,000
7%
$1,145,000
Alternative Use
Use
Estimation
RESTAURANT
$1,340,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,245,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$1,170,000
Change: +35% · Conversion: Moderate
COMMERCIAL (GENERAL)
$965,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±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
$163 / 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
$34,169
Tax year 2023
Assessed value
$1,770,700
Assessed 2023
Previous assessed
$1,770,700
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$294,000
Assessed improvement
$1,476,700
Total market value
$1,992,400
Applied tax rate
2,289.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
6
Total area
9,162 SF
Lot
2.44 ac (106,156 SF)
Zoning code
R3
APN
21 429-3
UPID
US92-3512764
Jurisdiction
BROWN
Zoning & alternative use
R3 · Green Bay, WI
Zoning R3 · permitted uses
R3 · Green Bay, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Green Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$965,000
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
6
Lot
2.44 ac
Current owner
From public records · entity-resolved
Dennisons Investments LLC
Entity
Mailing address
2579 PECAN ST, GREEN BAY, WI 54311-5531
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2016
—
Dennisons Investments LLC
—
Trustees Deed
related
$509,215 · Denmark St Bk
Dec 2, 2013
—
Dennisons Investments LLC
—
Trustees Deed
related
$1,230,000 · Denmark St Bank
Dec 4, 2012
$75,000
Dennisons Investments LLC
Giordana,jerry J
Warranty Deed
$75,000 · Denmark St Bank
Jul 13, 2007
$108,700
Giordana,jerry J
Tuyls,esther G
Grant Deed
—
—
—
Dennisons Investments LLC
—
Deed Of Trust
related
$660,000 · Denmark St Bk
—
—
Dennisons Investments LLC
—
Deed Of Trust
related
$2,280,000 · Denmark St Bk
—
—
Dennisons Investments LLC
—
Deed Of Trust
related
—
—
—
Dennisons Investments LLC
—
Loan Modification
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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