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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Assisted living facilities
500 Bay Rd Algoma, WI 54201-9321
Trust Owned
8-yr Hold
Free & Clear
Property ID
US92-1353076
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1998
Construction
FRAME
Total area
14,909 SF
Lot
4.16 ac (181,210 SF)
APN
201-00340-0030
UPID
US92-1353076
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Paral,michael F & K A Trust · 8 yrs held
Paral,michael F & K A Trust
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Algoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Algoma 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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$40 / 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
$26,733
Tax year 2023
Assessed value
$1,175,100
Assessed 2023
Previous assessed
$1,175,100
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$173,300
Assessed improvement
$1,001,800
Total market value
$1,460,300
Applied tax rate
70.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
14,909 SF
Lot
4.16 ac (181,210 SF)
APN
201-00340-0030
UPID
US92-1353076
Jurisdiction
KEWAUNEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.16 ac
Current owner
From public records · entity-resolved
Paral,michael F & K A Trust
Trust
Free & Clear · 8 yrs held
Mailing address
500 BAY RD, ALGOMA, WI 54201-9321
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2018
—
Autumns Journey Assisted Livi
—
Deed
related
$920,000 · Bank Of Luxemburg
Oct 11, 2017
—
Paral,michael F & K A Trust
Paral,michael F & Kathleen A
Quit Claim Deed
related
—
Sep 21, 2017
—
Michael F Paral
—
Deed
related
$120,000 · Bank Of Luxemburg
Dec 1, 2014
—
Michael F Paral
Jaegers George H & B E Trust
Grant Deed
related
$847,346 · Bank Of Luxemburg
Aug 9, 2013
$880,000
Investors Cmnty Bk
Jaegers George H & B E Trust
Grant Deed
related
—
Aug 5, 2013
$880,000
Michael F Paral
Jaegers George H & B E Trust
Dual Purpose Document
related
$880,000 · Jaegers George H & B E Tr (pt)
Dec 19, 2005
—
Jaegers,geore H & Barbara E Trust
Jaegers,george H & Barbara E
Quit Claim Deed
related
—
—
—
Michael F Paral
—
Deed Of Trust
related
$120,000 · Bank Of Luxemburg
—
—
Autumns Journey Assisted Livi
—
Deed Of Trust
related
$920,000 · Bank Of Luxemburg
—
—
Autumns Journey Assisted Livi
—
Deed Of Trust
related
$115,000 · Paral M F & Para K A Tr (rt)
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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