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Property profile & analytics
OFF-MARKET
Estimated value
$3,115,000
Commercial real estate
50 Wolverton Ave Ripon, WI 54971-1050
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-3506543
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
46,990 SF
Lot
6.51 ac (283,576 SF)
Zoning code
8
APN
RIP-16-14-16-09-006-00
UPID
US92-3506543
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
-
Whispering Pines Nursing & Rehab Nursing Home
-
Fountain View Care Center / Wolverton Glen Assisted Living Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$3.12M
Owner & transaction history
Ripon Nursing Realty LLC · 1 yrs held
Ripon Nursing Realty LLC
since 2025
6 recorded transactions
Zoning & alternative use
8 · Ripon, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.1M
+32.6%
Office building
$3.7M
+18.7%
Warehouse, storage
$3.4M
+9.8%
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 Ripon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ripon 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,100,000
Current use
RETAIL STORES
$4,110,000
Change: +33% · Conversion: Easy
OFFICE BUILDING
$3,680,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$3,405,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$3.12M
Range $2.80M – $3.43M · ±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
$66 / 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
$53,982
Tax year 2023
Assessed value
$2,340,900
Assessed 2023
Previous assessed
$2,340,900
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$129,500
Assessed improvement
$2,211,400
Land market value
$152,138
Improvement market value
$2,597,974
Total market value
$2,750,112
Applied tax rate
20,276.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Stories
1
Total area
46,990 SF
Lot
6.51 ac (283,576 SF)
Zoning code
8
APN
RIP-16-14-16-09-006-00
UPID
US92-3506543
Jurisdiction
FOND DU LAC
Zoning & alternative use
8 · Ripon, WI
Zoning 8 · permitted uses
8 · Ripon, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ripon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
RETAIL STORES
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.4M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Stories
1
Lot
6.51 ac
Current owner
From public records · entity-resolved
Ripon Nursing Realty LLC
Entity
Mailing address
8170 MCCORMICK BLVD STE #112, SKOKIE, IL 60076-2914
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
—
Ripon Nursing Realty LLC
Pack Lessor 1 LLC
Deed
$6,529,500 · Dwight Capital LLC
Nov 21, 2022
—
Ripon Nursing Realty LLC
—
Deed
related
$18,600,000 · Dmt Spe I LLC
Apr 20, 2020
—
Ripon Nursing Realty LLC
—
Deed
related
$5,350,000 · Dwight Mortgage Trust LLC
Jul 24, 2019
$2,340,900
Ripon Nursing Realty LLC
Battery Fv LLC
Warranty Deed
—
Dec 5, 2017
$900,000
Battery Fv LLC
Cse Ripon LLC
Special Warranty Deed
$5,350,000 · Oxford Finance LLC
Aug 2, 2007
$4,000,000
Cse Ripon LLC
Wisconsin Health Care Foundation In
Warranty Deed
—
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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