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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
465 Pioneer Rd Fond Du Lac, WI 54935-9184
Entity Owned
14-yr Hold
Free & Clear
Property ID
US92-3421046
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2013
Construction
FRAME
Total area
5,148 SF
Lot
6 ac (261,360 SF)
Zoning code
M-1
APN
FDL-15-17-16-33-505-00
UPID
US92-3421046
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
-
Schieks RV Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
$355k
Comparable Approach
Comparable
$647k
Blend (final)
Blend
$535k
Owner & transaction history
Commonwealth Real Estate Investment · 14 yrs held
Commonwealth Real Estate Investment
since 2012
3 recorded transactions
Zoning & alternative use
M-1 · Fond Du Lac, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
s; Neighborhood Mixed Use District (NMU). Article VIII Commercial-Recreation, Office and Industrial Districts § 720-51 Intent. § 720-52 C-R Commercial-Recreation District. § 720-53 O Office Conversion District. § 720-54 M-1 Industrial District. § 720-55 M-BP Industrial - Business Park District. § 720-56 Schedule of regulations. § 720-57 Excluded uses or acti…
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
2,157.86 ac
Top alternative use upside
Commercial (general)
$735,000
+64.6%
Restaurant
$710,000
+58.5%
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 Fond Du Lac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fond Du Lac 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
Method
Estimation
Statistic approach
by Request
ML approach
$385,000
CAP Approach
CAP Return
Estimation
6%
$385,000
6.5%
$355,000
7%
$330,000
Alternative Use
Use
Estimation
RETAIL STORES
$445,000
Current use
COMMERCIAL (GENERAL)
$735,000
Change: +65% · Conversion: Easy
RESTAURANT
$710,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$104 / SF
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
$24,293
Tax year 2023
Assessed value
$997,700
Assessed 2023
Previous assessed
$997,700
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$588,600
Assessed improvement
$409,100
Land market value
$782,422
Improvement market value
$543,814
Total market value
$1,326,236
Applied tax rate
20,226.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2013
Construction
FRAME
Heating
NONE
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Total area
5,148 SF
Lot
6 ac (261,360 SF)
Zoning code
M-1
APN
FDL-15-17-16-33-505-00
UPID
US92-3421046
Jurisdiction
FOND DU LAC
Zoning & alternative use
M-1 · Fond Du Lac, WIZoning M-1 · permitted uses
M-1 · Fond Du Lac, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
s; Neighborhood Mixed Use District (NMU). Article VIII Commercial-Recreation, Office and Industrial Districts § 720-51 Intent. § 720-52 C-R Commercial-Recreation District. § 720-53 O Office Conversion District. § 720-54 M-1 Industrial District. § 720-55 M-BP Industrial - Business Park District. § 720-56 Schedule of regulations. § 720-57 Excluded uses or activities. § 720-58 Special conditions for certain land uses or activities. § 720-58.1
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
2,157.86 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$445,000
COMMERCIAL (GENERAL)
Est. value
$735,000
RESTAURANT
Est. value
$710,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
6 ac
Current owner
From public records · entity-resolved
Commonwealth Real Estate Investment
Entity
Free & Clear · 14 yrs held
Mailing address
465 S PIONEER RD, FOND DU LAC, WI 54935-9184
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
—
Joseph M Schiek
—
Deed
related
$2,800,000 · National Exchange Bank & Trust
Feb 7, 2024
—
Joseph M Schiek JR
—
Deed
related
$2,800,000 · National Exchange Bank & Trust
Feb 3, 2012
$380,000
Commonwealth Real Estate Investment
Hartmann Properties LLC
Quit Claim Deed
related
—
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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