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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Retail space
2832 Business Dr Sheboygan, WI 53081-6518
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US92-1542979
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2013
Construction
STEEL FRAME
Total area
4,440 SF
Lot
0.71 ac (31,058 SF)
APN
59281431755
UPID
US92-1542979
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
-
Dunkin' Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
$755k
Comparable Approach
Comparable
$537k
Blend (final)
Blend
$565k
Owner & transaction history
Xpdst LLC
Xpdst LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$365,000
+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
$400,000
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
RETAIL STORES
$345,000
Current use
AUTO REPAIR, GARAGE
$365,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$127 / 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
$21,706
Tax year 2023
Assessed value
$1,238,400
Assessed 2023
Previous assessed
$1,238,400
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$347,500
Assessed improvement
$890,900
Land market value
$357,181
Improvement market value
$915,719
Total market value
$1,272,900
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
2013
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
4,440 SF
Lot
0.71 ac (31,058 SF)
APN
59281431755
UPID
US92-1542979
Jurisdiction
SHEBOYGAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$345,000
AUTO REPAIR, GARAGE
Est. value
$365,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
2013
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Xpdst LLC
Entity
Mailing address
7540 DOUGLAS AVE, CALEDONIA, WI 53402-9542
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2026
$1,600,000
Xpdst LLC
K19s LLC
Warranty Deed
$1,450,000 · Summit Credit Union
Oct 4, 2019
—
K19s LLC
—
Deed
related
$523,000 · Private Individual
Aug 30, 2019
$1,240,000
K19s LLC
2832 Sbd LLC
Warranty Deed
$633,000 · First Bk Financial Centre
Feb 20, 2015
$1,400,000
2832 Sbd LLC
3036 LLC
Warranty Deed
$1,120,000 · Investors Cmnty Bk
May 6, 2014
—
3036 LLC
—
Trustees Deed
related
$750,000 · Investors Cmnty Bk
Jul 30, 2013
—
3036 LLC
—
Trustees Deed
related
$650,000 · Investors Community Bank
Nov 7, 2012
—
3036 LLC
—
Deed Of Trust
related
$12,753,000 · Bmo Harris Bank
—
—
3036 LLC
—
Deed Of Trust
related
$2,091,225 · Bmo Harris Bank
—
—
K19s LLC
—
Deed Of Trust
related
$523,000 · Private Individual
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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