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Property profile & analytics
OFF-MARKET
Commercial real estate
412 3rd St Cornell, WI 54732-8303
Individually Owned
14-yr Hold
Free & Clear
Property ID
US92-1427796
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2012
Construction
FRAME
Total area
3,750 SF
Zoning code
REFERENCE, EXEMPT,ETC.
APN
23106-1733-6175-0304
UPID
US92-1427796
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
-
Cornell EMT Center Ambulance Service
-
Cornell Area Ambulance Alternative Medicine Practice
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
Lee F Mcmenamin · 14 yrs held
Lee F Mcmenamin
since 2012
2 recorded transactions
Zoning & alternative use
REFERENCE, EXEMPT,ETC. · Cornell, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
City of Cornell - Ordinances
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 Cornell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cornell 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,588
Tax year 2023
Assessed value
$117,300
Assessed 2023
Previous assessed
$89,700
+30.8% YoY
Effective rate
1.35%
On assessed value
Assessed land
$25,200
Assessed improvement
$92,100
Total market value
$127,500
Applied tax rate
1,204.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2012
Construction
FRAME
Heating
NONE
Stories
1
Total area
3,750 SF
Zoning code
REFERENCE, EXEMPT,ETC.
APN
23106-1733-6175-0304
UPID
US92-1427796
Jurisdiction
CHIPPEWA
Zoning & alternative use
REFERENCE, EXEMPT,ETC. · Cornell, WIZoning REFERENCE, EXEMPT,ETC. · permitted uses
REFERENCE, EXEMPT,ETC. · Cornell, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City of Cornell - Ordinances
Building & site characteristics
From public records
Year built
2012
Construction
FRAME
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Lee F Mcmenamin
Individual
Free & Clear · 14 yrs held
Mailing address
308 BURTON CT, BLOOMER, WI 54724-1191
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2012
$20,000
Lee F Mcmenamin
Cornell Area Fire Department INC
Warranty Deed
—
Jan 3, 2006
$37,500
Cornell Area Fire Department
David A Diamond
Warranty Deed
—
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.
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