Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    302 58Th St Kenosha, WI 53140

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    302 58Th St Kenosha, WI 53140

    View on Map
    • Commercial real estate
    • 30,910 SF
    • 0.60 lot acres
    For Sale
    $2,300,000
    View Listing →
    Kenosha Premier Lakefront Property For Sale
    $2,300,000

    Kenosha Premier Lakefront Property

    Premier Kenosha property with lake views, redevelopment opportunity.

    302 58th St, Kenosha, WI 53140
    View Listing
    Property ID
    US92-0212198
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Marina Shores / Hotel & Motel / Resort
    • Mark's Catering / Wedding Service

    Property Details for 302 58Th St

    Year built
    1921
    Lot size
    0.60 lot acres
    Property size
    30,910 SF
    Zone code
    B-3
    Property type
    Commercial real estate
    APN
    12-223-32-351-004
    APU
    1222332351004

    Description

    This exceptional 1.55-acre commercial and residential land parcel, located at 302 58th St, Kenosha, WI 53140, presents a remarkable redevelopment opportunity. Boasting stunning Lake Michigan and harbor views, this property comprises two separate tax parcels (APN: 12-223-32-351-004, 12-223-32-351-001) and two existing buildings. The main structure is a three-story masonry building featuring two commercial kitchens, three bars, and breathtaking lakefront vistas. A charming two-story cream city brick carriage building provides additional storage space. Currently utilized for special events, weddings, and hall rentals, this B-3 zoned property offers immense potential for a variety of uses. Its prime location and expansive size make it an ideal investment for developers seeking a high-impact project in a desirable Kenosha location. The asking price is $2,300,000. Ownership is held by JFM-SMM. This is a truly unique opportunity to acquire a premier Kenosha property with significant upside.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,502,000
      Market price range: $1.46M - $3.74M
      AI Estimate
      $1,250,000
      Market price range: $1.04M - $3.04M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.8151
    Latitude
    42.5839
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,598
    $209,100
    $732,800
    $941,900
    -
    $305,041
    $1,069,029
    $1,374,070

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      5711 5th Ave

      COMMERCIAL (GENERAL) • 0.14 Acres
      5711 5th Ave, Kenosha, WI 53140
      View Details
    • Value Estimation by Request
      0.20 Acres

      5705 5th Ave

      COMMERCIAL (GENERAL) • 0.20 Acres
      5705 5th Ave, Kenosha, WI 53140-4209
      View Details
    • Value Estimation by Request
      1,080 SF

      5134 6Th Ave

      Commercial real estate • 1,080 SF
      5134 6Th Ave, Kenosha, WI 53140
      View Details
    • Value Estimation by Request
      2,872 SF

      2716 52nd St

      COMMERCIAL (GENERAL) • 2,872 SF
      2716 52nd St, Kenosha, WI 53140-3076
      View Details
    • Value Estimation by Request
      880 SF

      1500 52nd St

      COMMERCIAL (GENERAL) • 880 SF
      1500 52nd St, Kenosha, WI 53140-3238
      View Details
    • Value Estimation by Request
      1,170 SF

      2421 60th St

      COMMERCIAL (GENERAL) • 1,170 SF
      2421 60th St, Kenosha, WI 53140
      View Details

    Similar Nearby for Sale

    • $1,350,000
      50,000 SF

      Kenosha Commercial Complex - Huge Potential

      50,000 sq ft, 3.5 acres, multiple buildings
      935 Washington Rd, Kenosha, WI 53140
      View Details
    • $895,000
      3,784 SF

      Kenosha Tavern with Apartment Above

      Established tavern with apartment and additional land near Carthage College.
      1548 Sheridan Rd, Kenosha, WI 53140
      View Details
    • $244,900
      0.16 Acres

      Kenosha Duplex with Detached Garage

      Two-unit property with separate utilities and detached garage.
      4413 19Th Ave, Kenosha, WI 53140
      View Details
    • Contact for pricing

      Kenosha Commercial Land For Sale

      Commercial land near I-94 and corporate neighbors.
      128th 60Th St, Kenosha, WI 53140
      View Details
    • Contact for pricing

      Prime Corner Lot in Kenosha

      0.28-acre commercial land parcel with high visibility.
      2619 22Nd Ave, Kenosha, WI 53140
      View Details
    • $899,000

      Industrial Space for Sale

      Over 20,000 sq ft industrial space suitable for manufacturing.
      3307 14Th Ave, Kenosha, WI 53140
      View Details

    Similar Nearby for Lease

    • $600 /Mo
      520 SF

      Kenosha Office Space For Lease

      Affordable office space with three rooms and a lobby.
      1109 55Th St, Kenosha, WI 53140
      View Details
    • $1,800 /Mo
      1,888 SF

      Kenosha Corner Lot Opportunity

      Prime corner lot ideal for car lot or small business.
      1225 60Th St, Kenosha, WI 53140
      View Details
    • Contact for pricing

      Retail Space in Kenosha, WI

      Retail space for lease anchored by Pick 'n Save.
      2811 18Th St, Kenosha, WI 53140
      View Details
    • Contact for pricing
      35,016 SF

      Kenosha Warehouse Space Available

      35,016 SF warehouse space for lease in Kenosha.
      3122 14Th Ave, Kenosha, WI 53140
      View Details
    • Contact for pricing
      35,016 SF

      Kenosha Commercial Property for Rent

      Commercial property available for rent in Kenosha, Wisconsin.
      3122 14Th Ave, Kenosha, WI 53140
      View Details
    • Contact for pricing
      10,297 SF

      Anytime Plaza Retail Space

      Kenosha retail space, high visibility.
      2304 18Th St, Kenosha, WI 53140
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    302 58Th St
    Kenosha, WI 53140
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!