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    Property profile & analytics

    3724 Calumet Ave Manitowoc, WI 54220

    • Auto shops
    • 4,720 SF
    • 0.72 lot acres
    For Lease
    View listing
    Value Estimation
    $350,000
    Last Sale
    Aug 01, 2022
    $395,000
    Location Intelligence
    Property ID
    US92-0543783
    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

    • Terp Brothers Automotive Inc / Used Car Dealer

    Property Details for 3724 Calumet Ave

    Year built
    1967
    Lot size
    0.72 lot acres
    Property size
    4,720 SF
    Property type
    Auto shops
    APN
    52-382-012-341.00
    APU
    5238201234100

    Description

    This exceptional commercial property, located at 3724-3726 Calumet Ave in Manitowoc, Wisconsin, offers a unique opportunity for businesses seeking versatile retail space. The single-story building encompasses 4,488 square feet, situated on a sizable 0.72-acre lot with ample asphalt paving providing 30 parking spaces. The property is zoned C-1 Commercial Business and features two suites. Currently, one suite is occupied, offering 1,700 square feet of retail/office space, including a garage bay and bathroom. The highlight is the vacant 2,788-square-foot suite, ideal for various uses. This space boasts three insulated overhead doors on the west side and one on the north, perfect for businesses requiring loading or storage capabilities. A car hoist is included, and plumbing is stubbed in for a bathroom. A mezzanine level provides additional storage. The property offers 220-volt power. Minimum divisible space is 1,700 square feet, with a maximum contiguous space of 2,788 square feet. This well-maintained property presents a fantastic opportunity for expansion or relocation in a thriving Manitowoc location. The property's address is 3724-3726 Calumet Ave, Manitowoc, WI 54220. The parcel number is 382012341. Inclusions: Car Hoist. Exclusions: Any personal or business property of the tenants.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $330,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $325,000
      Retail
      $300,000
      Mixed-Use
      $340,000
      Hospitality
      $370,000
      Educational
      $325,000
      Residential Income
      $350,000
      Energy
      $265,000
      Income-Based Land
      $335,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Manitowoc
    County
    Manitowoc
    State
    Wisconsin
    Longitude
    -87.6948
    Latitude
    44.0823
    CBSA code
    31820
    CBSA name
    MANITOWOC, WI MICROPOLITAN 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
    $6,474
    $187,200
    $208,500
    $395,700
    -
    $187,389
    $208,711
    $396,100

    Comparable in this City

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      734 8th St

      AUTO REPAIR, GARAGE • 1,421 SF
      734 8th St, Manitowoc, WI 54220-3922
      View Details
    • Value Estimation
      $1,430,000
      2,020 SF

      2718 Calumet Ave

      AUTO REPAIR, GARAGE • 2,020 SF
      2718 Calumet Ave, Manitowoc, WI 54220-5547
      View Details

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    3724 Calumet Ave
    Manitowoc, WI 54220
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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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