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    Property profile & analytics

    3501 16th St Racine, WI 53405-3321

    • Investment properties
    • 2,392 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Jan 05, 2024
    Location Intelligence
    Property ID
    US92-0549968
    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.

    Current Use by Public Records

    • WEST-TOWN NUTRITION / Health Food Store

    Property Details for 3501 16th St

    Year built
    1930
    Lot size
    0.09 lot acres
    Property size
    2,392 SF
    Zone code
    B1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    276 000012035000
    APU
    276000012035000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.8213
    Latitude
    42.7122
    CBSA code
    39540
    CBSA name
    RACINE, 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
    $4,451
    $17,700
    $145,300
    $163,000
    -
    $19,602
    $160,918
    $180,520

    Comparable in this City

    • Value Estimation
      $170,000
      4,750 SF

      3205 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,750 SF
      3205 Washington Ave, Racine, WI 53405-3036
      View Details
    • Value Estimation
      $200,000
      1,836 SF

      1405 Lathrop Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,836 SF
      1405 Lathrop Ave, Racine, WI 53405-3232
      View Details
    • Value Estimation
      $185,000
      4,000 SF

      1116 Grv Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,000 SF
      1116 Grv Ave, Racine, WI 53405-3028
      View Details
    • Value Estimation
      $335,000
      9,152 SF

      1300 Grange Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 9,152 SF
      1300 Grange Ave, Racine, WI 53405-5015
      View Details
    • Value Estimation
      $205,000
      4,632 SF

      3209 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,632 SF
      3209 Washington Ave, Racine, WI 53405-3036
      View Details
    • Value Estimation
      $195,000
      5,214 SF

      3220 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,214 SF
      3220 Washington Ave, Racine, WI 53405-3037
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $8 SF/Yr
      65,118 SF

      Lathrop Ave Retail Center

      High-traffic retail space available
      2005 Lathrop Ave, Racine, WI 53405
      View Details
    • $14 SF/Yr
      11,485 SF

      Grocery Anchored Retail Space

      Retail space in well-positioned, grocery-anchored shopping center.
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      View Details
    • Contact for pricing
      3,400 SF

      Move-In-Ready Class A Office Space

      State-of-the-art office space with furnished offices and abundant parking.
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    Racine, WI 53405-3321
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    Realmo Value Estimation

    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.

    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.

    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
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