Financial
Distress signals
Property profile

316 Sheridan Rd Racine, WI 53403

OFF-MARKET
Other commercial real estate
Property ID
US92-1161125
3,000 SF 0.79 ac lot Built 1972
Last sale Dec 2022 · $525,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial flex space totaling approximately 3,500 square feet, configured for light use. It includes about 250 square feet of office space, with the balance available for tenant build-out to suit specific operational needs. The full 3,500 square feet is climate controlled and contains two bathrooms. Vehicle access is provided via a single 10’ x 12’ drive-in door, with space and configuration that potentially allow for an additional 12’ x 12’ overhead door. The property also has monument signage with visibility from State Highway 32.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$319k
Assessed land$76k
Assessed improvement$243k
Effective rate1.66%

Value estimate

· Sep 2026
$400k
$360k – $440k
AI approach$405k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$57/SF
ZIP average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$27 – $87
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
To provide convenience shopping to close proximity for persons residing in nearby residential areas
General categoryCOMMERCIAL
JurisdictionKENOSHA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.7
Restaurant9.2
Law Firm8.8

Location

316 Sheridan Rd Racine, WI 53403-9604
County assessor Recorded deeds · 3 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
704 Park, Racine, WI 53403-1234 $245,000 May 2025 3,363 SF
928 Wisconsin, Racine, WI 53403-1540 $262,700 Apr 2025 2,772 SF
1334 Ctr, Racine, WI 53403-1880 $109,000 Apr 2025 3,332 SF
2301 Maryland, Racine, WI 53403-3561 $365,000 Aug 2024 3,000 SF
2319 Maryland, Racine, WI 53403-3560 $362,500 Jul 2024 3,000 SF
924 Park, Racine, WI 53403-1460 $60,000 Apr 2024 3,034 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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