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Property profile & analytics
OFF-MARKET Estimated value $5,740,000
Commercial real estate

4310 67th Dr Union Grove, WI 53182-9338

Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US92-0664484
Property summary
AI-generated overview

This well-maintained, single-story, 43,868 square foot shopping center in Racine County, Wisconsin, presents a prime retail opportunity. Located at the intersection of US Highway 45 and Wisconsin Highway 11, just five miles west of Interstate 94, this center benefits from its strategic location near Milwaukee and Chicago. Currently 97% occupied, with 94% occupied by strong national tenants, the center boasts a prominent anchor tenant: Piggly Wiggly, the only major grocery store within a 10-mile radius, occupying 69% of the gross leasable area (GLA) under a corporate-guaranteed lease with 10+ years remaining. A 1,300 square foot space is currently available for lease on a triple-net (NNN) basis. The property sits on a 4-acre lot and features a recently updated parking lot (sealed and coated in 2018, completely resurfaced 2022-23). Built in 2003, this center offers minimal landlord responsibilities and benefits from onsite management. The fast-growing Village of Union Grove provides a strong market for businesses seeking to serve southeast Wisconsin. This is an exceptional investment opportunity in a high-traffic location with a stable tenant base.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Zoning code C1
APN 186 032132345030
UPID US92-0664484
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
  • Aurora Pharmacy Pharmacy
  • Aurora Pharmacy Vaccine Center - Adults and Pediatrics Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.74M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.74M
Owner & transaction history
Union Grove Plaza LLC · 2 yrs held
Union Grove Plaza LLC
since 2024
Last sale
$5.7M
5 recorded transactions
2024
$5.7M
2024
Price N/A
2019
$4.4M
2019
$4.4M
2014
Price N/A
Zoning & alternative use
C1 · Union Grove, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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