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Financial
Distress signals
Property profile

3950 Calumet Ave Manitowoc, WI 54220

FOR SALE
Turn key restaurants
Property ID
US92-0649273
5,740 SF 0.83 ac lot Built 1977
Last sale Nov 2008
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building used for restaurant operations and located on a major retail corridor with visibility from the roadway and ample on-site parking. The building measures approximately 5,740 square feet and is configured for restaurant use. The premises can be delivered either with the existing restaurant business in place or vacant, and an approximately 1.35-acre lot behind the property is an additional parcel available for sale. The site is positioned near national retail retailers along the surrounding commercial area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$584k
Assessed land$217k
Assessed improvement$367k
Effective rate1.69%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$330k
NOI build-up
Gross scheduled income$109k
Vacancy & credit loss−$3k
Operating expenses−$32k
NOI · 5.12% cap applied$74k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$61/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$29 – $91

Cap rate analysis

How does the asset earn?
5.12%
$74k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMANITOWOC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.4
Law Firm14.7
Spa & Massage12.6

Location

3950 Calumet Ave Manitowoc, WI 54220
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3404 Calumet, Manitowoc, WI 54220-5428 $650,000 Jun 2025 7,900 SF
4435 Calumet, Manitowoc, WI 54220-8603 $1,510,000 Mar 2025 4,634 SF
4712 Expo, Manitowoc, WI 54220-8315 $915,000 Jan 2025 6,672 SF
2001 Washington, Manitowoc, WI 54220-4937 $225,000 Oct 2024 7,626 SF
318 8th, Manitowoc, WI 54220-4008 $129,000 Dec 2023 8,210 SF
621 York, Manitowoc, WI 54220-6834 $295,000 Dec 2023 4,884 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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