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Property profile & analytics
OFF-MARKET Estimated value $2,515,000
Retail space

4121 Calumet Ave Manitowoc, WI 54220-5474

23,436 SF 1.65 ac lot Built 1997
Entity Owned 22-yr Hold Free & Clear
Property ID
US92-0021978
Property summary
AI-generated overview

Fountain Place offers a versatile 3,650 square foot office space, ideal for a single tenant. This first-floor location boasts a beautiful lobby entrance and provides ample parking for staff and clients. Its strategic location offers quick access to University Drive and Highway 6, ensuring convenient commutes. The space is suitable for various office configurations, including traditional office setups, coworking spaces, medical offices, or creative office environments. The building enjoys a positive synergy with neighboring businesses within a thriving commercial area, fostering a collaborative and supportive atmosphere. A virtual tour is available online to allow for a comprehensive preview of the property's layout and features. This presents a unique opportunity to establish a presence in a well-connected and dynamic business community. The single-tenant occupancy ensures complete control and customization of the space to meet specific business needs. The ample parking significantly enhances the convenience and accessibility for both employees and visitors. The first-floor location offers high visibility and easy access for clients. This property is ready for immediate occupancy and offers a chance to benefit from the established business network in the area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 23,436 SF
Lot 1.65 ac (72,048 SF)
APN 52-836-203-026.00
UPID US92-0021978
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
  • FedEx Drop Box Postal Service Courier Service
  • FedEx ShipSite Postal Service Courier Service
  • OfficeMax (Bike/Boat/Book/etc) Store
  • OfficeMax Print & Copy Services (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.34M
Blend (final) Blend
$2.52M
Owner & transaction history
Properties Manitowoc L Kubicki · 22 yrs held
Properties Manitowoc L Kubicki
since 2004
2 recorded transactions
2004
$2.7M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $2.6M +61.7%
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