Financial
Distress signals
Property profile

427 Manitowoc St Reedsville, WI 54230

FOR SALE
Other commercial real estate
Property ID
US92-0557517
0.78 ac lot
Last sale Mar 2024 · $99,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a modern masonry commercial building with a flexible floorplan that includes at-grade entry and three main entrances on the main level. The current interior configuration comprises a large lobby and five private offices. It provides two street-facing entries and access to an on-site 12-car parking lot. Behind the building, there is green space that abuts a park. The building’s multiple entrances and adaptable layout support a range of potential uses, including office, retail,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$328k
Assessed land$14k
Assessed improvement$315k
Effective rate2.73%

Value estimate

· Sep 2026
$100k
$90k – $110k
AI approach$100k
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$376
Operating expenses−$6k
NOI · 4.42% cap applied$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$33/SF
County average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$20 – $49

Cap rate analysis

How does the asset earn?
4.42%
$14k 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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.4
Dental Office9.1
Building Supply8.9

Location

427 Manitowoc St Reedsville, WI 54230
County assessor Recorded deeds · 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Reedsville, WI 54230 $320,000 Dec 2025 No data
508 Manitowoc, Reedsville, WI 54230-9308 $85,000 Mar 2025 No data
1479 County S, Reedsville, WI 54230 $200,000 Dec 2024 No data
604 Manitowoc, Reedsville, WI 54230-9310 $125,000 Nov 2024 No data
504 Manitowoc, Reedsville, WI 54230-9308 $50,000 Sep 2024 No data
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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