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444 W Johnson St, Fond du Lac, WI 54935
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Property summary
AI-generated overview
This prime Fond du Lac County retail property offers a unique redevelopment opportunity. The 3,590 square foot building, formerly a quick-service restaurant, is ideally situated on a hard corner with excellent visibility at the intersection of Butler and Johnson Streets. Currently, 2,617 square feet of space is available for lease or purchase. Site plans and renderings are available showcasing the potential for a Caribou Coffee and additional retail tenants. The property is developer-owned and offered for sale, presenting a compelling investment opportunity for those seeking a high-traffic location with significant redevelopment potential. The multiple tenancy structure allows for flexibility in tenant mix and lease terms. This is an exceptional chance to acquire a well-positioned retail center in a thriving Fond du Lac County market. The existing infrastructure provides a solid foundation for a quick and efficient redevelopment process. Don't miss this opportunity to secure a prominent retail presence in a high-demand area. Contact us today to learn more about this exciting redevelopment project and explore the possibilities.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1998
Construction
FRAME
Total area
3,602 SF
Lot
1.17 ac (50,835 SF)
Zoning code
B-4
APN
FDL-15-17-09-41-003-00
UPID
US92-0529412
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cafe & Coffee Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$840k
Owner & transaction history
since 2022
Last sale
$800,000
4 recorded transactions
Zoning & alternative use
B-4 · Fond Du Lac, WI
Top alternative use upside
Commercial (general)
$515,000
+3.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$840k
Value range
$756k – $924k
±10% around blend
Estimated value / SF
$233 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$756k
blend $840k
$924k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,602 SF
Lot area
1.17 ac
Year built
1998
Stories
1
APN
FDL-15-17-09-41-003-00
Zoning
B-4
Assessed value
$809,500
Annual tax
$9,850
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$737k
Range $242k – $737k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$840k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 20 sales
$137
+70%
County 20 sales
$137
+70%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $233/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+4%
vs current-use indication
Restaurant · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$800k
Move the market yield to see immediate price impact.
Value / SF
$222
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$50k
$1.01M
$720k
$560k
$56k
$1.12M
$800k
$622k
$62k
$1.23M
$880k
$684k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,850
Tax year 2023
Assessed value
$809,500
Assessed 2023
Previous assessed
$809,500
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$411,600
Assessed improvement
$397,900
Land market value
$547,137
Improvement market value
$528,926
Total market value
$1,076,063
Applied tax rate
20,226.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1998
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
3,602 SF
Lot
1.17 ac (50,835 SF)
Zoning code
B-4
APN
FDL-15-17-09-41-003-00
UPID
US92-0529412
Jurisdiction
FOND DU LAC
Zoning & alternative use
B-4 · Fond Du Lac, WIZoning B-4 · permitted uses
B-4 · Fond Du Lac, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B-4
Jurisdiction
Fond Du Lac, WI
Recorded code
B-4
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-4 in Fond Du Lac, WI.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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