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Property profile & analytics
OFF-MARKET
Estimated value
$205,000
Grocery and convenience stores
2820 Grn Bay Rd Mount Pleasant, WI 53406-4950
Entity Owned
5-yr Hold
Free & Clear
Property ID
US92-1343701
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Lot
6.77 ac (294,901 SF)
Zoning code
PUL
APN
151 032224032041
UPID
US92-1343701
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
$155k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$205k
Owner & transaction history
Agree Central LLC · 5 yrs held
Agree Central LLC
since 2020
Last sale
$198,700
4 recorded transactions
Zoning & alternative use
PUL · Mount Pleasant, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Mount Pleasant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Pleasant 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
$205,000
ML approach
$155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$205k
Range $185k – $226k · ±10% · vs last sale $199k (Oct 1 2020)
Last sale anchor
$199k
Oct 1 2020
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
—
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
$258,780
Tax year 2023
Assessed value
$15,149,800
Assessed 2023
Previous assessed
$17,274,000
-12.3% YoY
Effective rate
1.71%
On assessed value
Assessed land
$2,037,300
Assessed improvement
$13,112,500
Land market value
$2,042,593
Improvement market value
$13,146,569
Total market value
$15,189,162
Applied tax rate
151.0000
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
Heating
NONE
Buildings
2
Stories
1
Lot
6.77 ac (294,901 SF)
Zoning code
PUL
APN
151 032224032041
UPID
US92-1343701
Jurisdiction
RACINE
Zoning & alternative use
PUL · Mount Pleasant, WIZoning PUL · permitted uses
PUL · Mount Pleasant, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Stories
1
Buildings
2
Lot
6.77 ac
Current owner
From public records · entity-resolved
Agree Central LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1014 VINE ST, CINCINNATI, OH 45202-1141
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2020
—
Agree Central LLC
Mt Pleasant Retail Venture Dst
Grant Deed
—
Jun 14, 2012
—
Mt Pleasant Retail Venture Dst
—
Deed Of Trust
related
$12,972,000 · J P Morgan Chase Bank
Mar 20, 2012
$16,749,000
Mt Pleasant Retail Venture Dst
Gencap Mt Pleasant LLC
Quit Claim Deed
related
—
Nov 18, 2010
—
Gencap Mt Pleasant LLC
Village Of Mt Pleasant
Warranty Deed
$975,000 · Associated 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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