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Property profile & analytics
FOR SALE
Investment properties
400 Reid St De Pere, WI 54115
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-0977355
For Sale
1 / 90
$3,725,000
400 Reid St, De Pere, WI 54115
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2001
Total area
41,260 SF
Lot
1.11 ac (48,177 SF)
APN
WD 893
UPID
US92-0977355
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
-
Big Apple Bagels (Bike/Boat/Book/etc) Store Bakery
-
Matthew Prill: Allstate Insurance Insurance Agency
-
Infinity Hair Salon Hair Salon
-
School District of West De Pere School District Office
-
Total Computing Solutions Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.33M
Blend (final)
Blend
$3.73M
Owner & transaction history
Parl Place Holdings 400 Reid LLC · 2 yrs held
Parl Place Holdings 400 Reid LLC
since 2023
Last sale
$3.7M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.5M
+27.7%
Office building
$4.4M
+2.2%
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 De Pere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs De Pere 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
$3,855,000
ML approach
$3,735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,265,000
Current use
AUTO REPAIR, GARAGE
$5,450,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$4,360,000
Change: +2% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,900,000
Change: -9% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,620,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$3,495,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$3.73M
Range $3.35M – $4.10M · ±10% · vs last sale $3.65M (Nov 10 2023)
Last sale anchor
$3.65M
Nov 10 2023
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
$90 / 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
$52,251
Tax year 2023
Assessed value
$3,113,800
Assessed 2023
Previous assessed
$2,733,900
+13.9% YoY
Effective rate
1.68%
On assessed value
Assessed land
$139,400
Assessed improvement
$2,974,400
Total market value
$3,194,000
Applied tax rate
6,328.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
2001
Heating
NONE
Total area
41,260 SF
Lot
1.11 ac (48,177 SF)
APN
WD 893
UPID
US92-0977355
Jurisdiction
BROWN
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
$4.3M
AUTO REPAIR, GARAGE
Est. value
$5.5M
OFFICE BUILDING
Est. value
$4.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
RETAIL STORES
Est. value
$3.5M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2001
Heating
NONE
Lot
1.11 ac
Current owner
From public records · entity-resolved
Parl Place Holdings 400 Reid LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2025
—
Park Place Holdings 400 Reid LLC
—
Deed
related
$1,175,000 · Community First Cu Wisconsin
Nov 10, 2023
$3,650,000
Parl Place Holdings 400 Reid LLC
Mark Christopher Cannings Bushell
Special Warranty Deed
$2,920 · Community First Cu
Oct 17, 2022
$3,000,000
Mark Christopher Cannings Bushell
Gencap De Pere 1 LLC
Special Warranty Deed
—
Jun 10, 2022
—
City Of De Pere
Gencap De Pere 1 LLC
Intrafamily Transfer
related
—
Mar 6, 2015
$2,750,000
Gencap De Pera I LLC
De Pare West Development LLC
Warranty Deed
$2,584,000 · Associated Bank NA
—
—
Depere-west Dev Co LLC
—
Deed Of Trust
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.
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?”
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