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Property profile & analytics
OFF-MARKET
Commercial real estate
2916 Sylvania Ave Franksville, WI 53126-9646
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US92-0612112
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
11.72 ac (510,523 SF)
APN
194 032101001000
UPID
US92-0612112
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Franksville 2000 Ptsk LLC · 8 yrs held
Franksville 2000 Ptsk LLC
since 2018
7 recorded transactions
Zoning & alternative use
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 Franksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franksville 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
$48,139
Tax year 2023
Assessed value
$3,093,700
Assessed 2023
Previous assessed
$3,093,700
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$1,073,300
Assessed improvement
$2,020,400
Land market value
$1,107,004
Improvement market value
$2,083,652
Total market value
$3,190,656
Applied tax rate
194.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
11.72 ac (510,523 SF)
APN
194 032101001000
UPID
US92-0612112
Jurisdiction
RACINE
Zoning & alternative use
Zoning · permitted uses
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
Lot
11.72 ac
Current owner
From public records · entity-resolved
Franksville 2000 Ptsk LLC
Entity
Mailing address
PO BOX 128, BROWNSVILLE, WI 53006-0128
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
—
Franksville 2000 Ptsk LLC
—
Deed
related
$41,782,000 · Associated Bank NA
Feb 7, 2018
$5,000,000
Franksville 2000 Ptsk LLC
Rr Family LLC
Warranty Deed
—
May 15, 2015
$10,000
Rr Family LLC
Roland Properties LLC
Quit Claim Deed
related
$10,030 · Wells Fargo Bank NA
May 8, 2006
—
Denise Engelhardt
Hahn,janice L
Quit Claim Deed
related
—
Dec 17, 2004
—
Rk Racine LLC
Kriete,roger H
Quit Claim Deed
related
—
Sep 28, 2004
$387,500
Daniel Oakes
Roland Properties LLC
Grant Deed
related
—
Sep 28, 2004
—
Top Flight LLC
Oakes,daniel
Warranty Deed
related
$387,500 · Community State Bank
Sep 24, 2004
$750,000
Rk Sheboygan LLC
Milwaukee Mack Sales INC
Quit Claim Deed
related
$2,560,000 · State Financial Bank
Jun 8, 2004
$750,000
Mack Truck Milwaukee
Roland Properties LLC
Warranty Deed
related
—
Mar 30, 2004
—
Roland Properties LLC
—
Trustees Deed
related
$3,860,000 · National City Bank Michigan/il
Jan 8, 2004
—
Roland Properties LLC
Enterprising Group
Warranty Deed
related
—
—
—
Roland Properties LLC
—
Deed Of Trust
related
$3,069,000 · Us Bank NA
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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