New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,885,000
Hotels
3823 Germaine Ave, Sheboygan, WI 53081-8458
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0540357
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1995
Construction
STEEL FRAME
Total area
48,880 SF
Lot
2.68 ac (116,828 SF)
Zoning code
BB5
APN
59281479146
UPID
US92-0540357
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
-
Tesla Destination Charger Electric Vehicle Charging Station
-
WW Studio @ Holiday Inn Express Sheboygan Weight Loss Service Wellness Center
-
Holiday Inn Express Sheboygan-Kohler (I-43), an IHG Hotel Hotel & Motel
-
WW Studio @ Holiday Inn Sheboygan Weight Loss Service Gym
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.89M
Owner & transaction history
Sheboygan Hotel LLC · 17 yrs held
Sheboygan Hotel LLC
since 2008
7 recorded transactions
Zoning & alternative use
BB5 · Sheboygan, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Sheboygan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheboygan 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,995,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$3,810,000
Change: 0% · Conversion: Difficult
RESTAURANT
$3,730,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,075,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$2,705,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,405,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.89M
Range $2.60M – $3.17M · ±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
$59 / 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
$108,695
Tax year 2023
Assessed value
$5,946,000
Assessed 2023
Previous assessed
$5,946,000
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,077,500
Assessed improvement
$4,868,500
Land market value
$1,107,509
Improvement market value
$5,004,091
Total market value
$6,111,600
Applied tax rate
2,842.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
3
Total area
48,880 SF
Lot
2.68 ac (116,828 SF)
Zoning code
BB5
APN
59281479146
UPID
US92-0540357
Jurisdiction
SHEBOYGAN
Zoning & alternative use
BB5 · Sheboygan, WI
Zoning BB5 · permitted uses
BB5 · Sheboygan, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sheboygan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$4.0M
RETAIL STORES
Est. value
$3.8M
RESTAURANT
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.4M
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1995
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
3
Lot
2.68 ac
Current owner
From public records · entity-resolved
Sheboygan Hotel LLC
Entity
Mailing address
2129 S GERMANTOWN RD, GERMANTOWN, TN 38138-3844
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2008
—
Sheboygan Hotel LLC
—
Trustees Deed
related
$2,900,000 · Bank First National
—
—
Sheboygan Hotel LLC
—
Deed Of Trust
related
$1,245,000 · Wisconsin Business Dev Finance
—
—
Sheboygan Hotel LLC
—
Deed Of Trust
related
$4,780,900 · Bank First National
—
—
Sheboygan Hotel LLC
—
Deed Of Trust
related
$1,254,000 · Wisconsin Business Dev Finance
—
—
Sheboygan Hotel LLC
—
Deed Of Trust
related
$4,250,000 · Bank First National
—
—
Sheboygan Hotel LLC
—
Deed Of Trust
related
$3,021,000 · Bank First National
—
—
Sheboygan Hotel LLC
—
Deed Of Trust
related
$363,532 · Bank First National
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3823 Germaine Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
