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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Warehouses
351 Fulton St Edgerton, WI 53534-1756
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US92-0977155
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1890
Total area
9,856 SF
Lot
0.41 ac (17,860 SF)
APN
6-26-63
UPID
US92-0977155
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
Current use
Occupant on record · Public records
-
Tobacco Warehouse Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
$950k
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$720k
Owner & transaction history
Tobacco Row Lofts & Townhomes LLC
Tobacco Row Lofts & Townhomes LLC
since 2026
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+121.2%
Auto repair, garage
$905,000
+75.0%
Office building
$855,000
+65.5%
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 Edgerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgerton 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
Method
Estimation
Statistic approach
by Request
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
$1,025,000
6.5%
$950,000
7%
$880,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$515,000
Current use
RESTAURANT
$1,145,000
Change: +121% · Conversion: Difficult
AUTO REPAIR, GARAGE
$905,000
Change: +75% · Conversion: Easy
OFFICE BUILDING
$855,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$830,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$73 / SF
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
$22,915
Tax year 2023
Assessed value
$1,416,800
Assessed 2023
Previous assessed
$1,234,600
+14.8% YoY
Effective rate
1.62%
On assessed value
Assessed land
$19,900
Assessed improvement
$1,396,900
Total market value
$1,443,400
Applied tax rate
221.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1890
Heating
NONE
Units
1
Total area
9,856 SF
Lot
0.41 ac (17,860 SF)
APN
6-26-63
UPID
US92-0977155
Jurisdiction
ROCK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$515,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$905,000
OFFICE BUILDING
Est. value
$855,000
COMMERCIAL (GENERAL)
Est. value
$830,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1890
Heating
NONE
Units
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Tobacco Row Lofts & Townhomes LLC
Entity
Mailing address
83 ARTISAN DR, EDGERTON, WI 53534-9445
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
—
Tobacco Row Lofts & Townhomes LLC
—
Deed
related
$9,473,323 · One Community Bank
Feb 2, 2022
—
Rinehart Properties INC
—
Deed
related
$882,000 · Capitol Bank
Oct 18, 2019
—
Rinehart Properties INC
—
Deed
related
$90,000 · Bank Of Sun Prairie
Nov 6, 2017
—
Ronald H Draves
—
Deed
related
$94,350 · First National Bank & Trust Co
Aug 15, 2017
—
Ronald H Draves SR.
—
Deed
related
$18,242 · First National Bank
Jan 26, 2017
—
Rinehart Properties INC
—
Deed
related
$899,000 · Bank Of Sun Prairie
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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