Property profile

3840 Douglas Ave Racine, WI 53402

OFF-MARKET
Turn key restaurants
Property ID
US92-0839434
5,582 SF 1.62 ac lot Built 1965
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Total area 5,582 SF
Lot 1.62 ac (70,567 SF)
Zoning code B2
APN 276 000021249004
UPID US92-0839434

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

3840 Douglas Ave Racine, WI 53402-3229
Racine metro Census 1401 RACINE, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2026
1 recorded transaction
2026
$625,000

Zoning & alternative use

B2 · Racine, WI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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