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    4656 Calumet Ave Manitowoc, WI 54220

    • Auto shops
    • 2,900 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US92-1889807
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jiffy Lube / Oil Change Service / Auto Glass Shop

    Property Details for 4656 Calumet Ave

    Year built
    2021
    Property size
    2,900 SF
    Property type
    Auto shops

    Description

    This exceptional investment opportunity presents a fee-simple owned, 2,900 square foot Jiffy Lube located at 4656 Calumet Ave, Manitowoc, WI 54220. Built in 2021, this single-story building sits on a 32,670 square foot lot and boasts a 100% occupancy rate with a corporate-guaranteed lease. The current lease, commencing January 1, 2021, and expiring January 31, 2036, has a remaining term of 11.2 years, with five 5-year renewal options. Rent increases by 10% every five years, ensuring consistent income growth. The property's absolute triple-net (NNN) lease structure eliminates all landlord responsibilities. With a current NOI of $171,674 and an asking price of $3,105,060, this property offers a compelling 5.53% cap rate. The strong tenant, Jiffy Lube, provides financial stability and a proven business model. The property benefits from excellent demographics, retail synergy, and high traffic counts in the Manitowoc area. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term potential. The property is offered as a 1031 exchange opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Manitowoc
    County
    Manitowoc
    State
    Wisconsin
    Longitude
    -87.7094348
    Latitude
    44.073927

    Comparable in this City

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      23,500 SF

      Fountain Place Office Space For Lease

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    Similar Nearby for Sale

    • $220,000
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      Manitowoc Restaurant - Great ROI

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      2525 Menasha Ave, Manitowoc, WI 54220
      View Details
    • $450,000
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      I-43 Frontage Commercial Land

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      0 Semi Dr, Francis Creek, WI 54220
      View Details
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      Updated commercial property with outdoor seating and two-car garage.
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    • $1,500,000
      4,875 SF

      Retail Location Anchored by PapaJohns

      Retail location anchored by Papa Johns with two additional spaces.
      3810 Calumet Ave, Manitowoc, WI 54220
      View Details
    • $559,000
      37.54 Acres

      I-43 Corridor Commercial Land

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      View Details
    • Contact for pricing
      23,500 SF

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      View Details

    Similar Nearby for Lease

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      4,488 SF

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    • $13 SF/Yr
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      Manitowoc Office/Retail Space Available

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      9,000 SF

      Manitowoc Retail Space For Lease

      Prime Manitowoc retail space, multiple units available.
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    • $15 SF/Yr
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      Retail Space on Calumet Avenue

      Retail space with high traffic and abundant parking.
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      View Details
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    Manitowoc, WI 54220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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