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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Commercial real estate
375 Riv St Belleville, WI 53508-9778
Entity Owned
4-yr Hold
Free & Clear
Property ID
US92-0363043
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1979
Total area
5,840 SF
Lot
0.58 ac (25,265 SF)
APN
0508-342-9515-1
UPID
US92-0363043
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
$1.98M
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.50M
Owner & transaction history
375 River Street LLC · 4 yrs held
375 River Street LLC
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+84.6%
Restaurant
$1.9M
+75.3%
Auto repair, garage
$1.6M
+48.2%
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 Belleville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belleville 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
$1,990,000
ML approach
$1,975,000
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,090,000
7%
$1,015,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,110,000
Current use
RETAIL STORES
$2,050,000
Change: +85% · Conversion: Easy
RESTAURANT
$1,945,000
Change: +75% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,645,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$1,350,000
Change: +22% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,120,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.56M (Dec 3 2021)
Last sale anchor
$1.56M
Dec 3 2021
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
$257 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,956
Tax year 2022
Assessed value
$497,200
Assessed 2023
Previous assessed
$497,200
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$108,500
Assessed improvement
$388,700
Total market value
$663,700
Applied tax rate
350.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1979
Heating
HOT WATER
Total area
5,840 SF
Lot
0.58 ac (25,265 SF)
APN
0508-342-9515-1
UPID
US92-0363043
Jurisdiction
DANE
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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$2.1M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1979
Heating
HOT WATER
Lot
0.58 ac
Current owner
From public records · entity-resolved
375 River Street LLC
Entity
Free & Clear · 4 yrs held
Mailing address
112 VINE ST, DELAVAN, WI 53115-1672
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2021
$1,560,000
375 River Street LLC
Greatness LLC
Warranty Deed
—
Dec 3, 2020
$990,000
Greatness INC
Kenneth E Olson
Warranty Deed
$968,000 · Bank Of Deerfield
Sep 22, 2020
—
Olson Trust
Barbara D Olson
Quit Claim Deed
related
—
Sep 21, 2020
—
Barbara D Olson
Wilkins Trust
Quit Claim Deed
related
—
Jul 2, 2019
—
Wilkins Trust
Wilkins,thomas I
Quit Claim Deed
related
—
May 19, 2006
$342,200
Thomas I Wilkins
Amcore Bank NA
Warranty Deed
$600,000 · Union Bank & Trust
May 19, 2006
$100,000
Amcore Bank NA
Schindler,frieda W
Warranty Deed
related
—
Jul 19, 2004
—
Thomas I Wilkins
Capitol Bank
Quit Claim Deed
related
—
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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