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Property profile & analytics
FOR SALE
Commercial real estate

3810 Calumet Ave Manitowoc, WI 54220

0.62 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US92-0511508
Property summary
AI-generated overview

This exceptional 4,875 square foot retail property, situated on a 0.78-acre lot at 3810 Calumet Avenue in Manitowoc, Wisconsin, presents a lucrative investment opportunity. Built in 2024, this freestanding building boasts a prominent location and ample parking for approximately 20+ vehicles. The property features three individual spaces, each generously sized at 1,500 square feet, providing flexibility for a variety of retail businesses. A significant advantage is the presence of Papa Johns as the anchor tenant, ensuring a steady stream of foot traffic and established brand recognition. The remaining two spaces are currently available for lease, offering immediate income potential for the new owner. The property's modern construction and prime location in Manitowoc make it an ideal investment for those seeking a strong return on investment in a thriving commercial market. The gross leasable area totals 4,875 square feet, providing ample space for multiple businesses to thrive. This is a rare opportunity to acquire a newly constructed, well-located retail center with a strong anchor tenant already in place. The property's excellent visibility and convenient access make it an attractive destination for shoppers and businesses alike. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.62 ac (27,077 SF)
APN 52-382-012-311.00
UPID US92-0511508
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
  • Papa Johns Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Titan Property LLC · 4 yrs held
Titan Property LLC
since 2021
Last sale
$290,000
7 recorded transactions
2023
Price N/A
2021
Price N/A
2021
$290,000
2020
$125,000
2013
$159,400
2011
$93,000
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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