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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3024 Rpds Dr Racine, WI 53404-1625
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-3293856
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1969
Total area
669 SF
Lot
0.32 ac (13,765 SF)
Zoning code
B3
APN
276 000017909003
UPID
US92-3293856
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
Habeeb A Hasan · 7 yrs held
Habeeb A Hasan
since 2018
4 recorded transactions
Zoning & alternative use
B3 · Racine, WI
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 Racine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Racine 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
$10,914
Tax year 2023
Assessed value
$385,000
Assessed 2023
Previous assessed
$368,000
+4.6% YoY
Effective rate
2.83%
On assessed value
Assessed land
$70,000
Assessed improvement
$315,000
Land market value
$77,524
Improvement market value
$348,860
Total market value
$426,384
Applied tax rate
276.0000
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
Year built
1969
Heating
YES
Stories
1
Total area
669 SF
Lot
0.32 ac (13,765 SF)
Zoning code
B3
APN
276 000017909003
UPID
US92-3293856
Jurisdiction
RACINE
Zoning & alternative use
B3 · Racine, WIZoning B3 · permitted uses
B3 · Racine, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Check
Building & site characteristics
From public records
Year built
1969
Heating
YES
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Habeeb A Hasan
Individual
Free & Clear · 7 yrs held
Mailing address
4532 S HOWELL AVE, MILWAUKEE, WI 53207-5810
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2018
$650,000
Habeeb A Hasan
Rsd Ents LLC
Grant Deed
—
Oct 29, 2018
$530,000
Gsd Enterprises LLC
Rsd Enterprises LLC
Warranty Deed
$447,000 · First Bank Financial Centre
May 30, 2008
$185,467
Rsd Enterprises LLC
Gurpal Wisconsin Stations LLC
Warranty Deed
$415,000 · First Bank Financial Centre
Apr 18, 2005
$210,100
Gurpal Wisconsin Stations LLC
Speedway Superamerica LLC
Grant Deed
—
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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