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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Assisted living facilities
5005 Vis Rd Manitowoc, WI 54220-9377
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0226818
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1995
Total area
7,884 SF
Lot
1.7 ac (74,052 SF)
APN
52-826-304-085.00
UPID
US92-0226818
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
-
KindredHearts of Manitowoc Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$855k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$514k
Blend (final)
Blend
$825k
Owner & transaction history
Core Treatment Services INC · 3 yrs held
Core Treatment Services INC
since 2022
Last sale
$800,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$780,000
+96.0%
Office building
$740,000
+86.3%
Auto repair, garage
$730,000
+83.7%
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 Manitowoc submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manitowoc 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
$840,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$780,000
Change: +96% · Conversion: Difficult
OFFICE BUILDING
$740,000
Change: +86% · Conversion: Difficult
AUTO REPAIR, GARAGE
$730,000
Change: +84% · Conversion: Difficult
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $800k (Nov 4 2022)
Last sale anchor
$800k
Nov 4 2022
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
$105 / 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
$13,144
Tax year 2023
Assessed value
$799,700
Assessed 2023
Previous assessed
$760,700
+5.1% YoY
Effective rate
1.64%
On assessed value
Assessed land
$111,100
Assessed improvement
$688,600
Land market value
$111,225
Improvement market value
$689,375
Total market value
$800,600
Applied tax rate
251.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1995
Heating
NONE
Stories
1
Units
1
Total area
7,884 SF
Lot
1.7 ac (74,052 SF)
APN
52-826-304-085.00
UPID
US92-0226818
Jurisdiction
MANITOWOC
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$780,000
OFFICE BUILDING
Est. value
$740,000
AUTO REPAIR, GARAGE
Est. value
$730,000
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1995
Heating
NONE
Stories
1
Units
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Core Treatment Services INC
Entity
Mailing address
3 RIVERVIEW DR, MANITOWOC, WI 54220-3767
Ownership since
2022
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
Jan 19, 2023
—
Core Treatment Services INC
—
Deed
related
$175,000 · Nicolet National Bank
Nov 4, 2022
$800,000
Core Treatment Services INC
Partners In Community Eldercare LLC
Warranty Deed
$800,000 · Nicolet National Bank
Jun 26, 2014
—
Partners Of Community Eldercare L
—
Trustees Deed
related
$300,000 · Anchorbank Fsb
—
—
Partners In Cmnty Eldercare Ll
—
Deed Of Trust
related
$250,000 · Anchor Bank Fsb
—
—
Partners In Community Eldercar
—
Deed Of Trust
related
$15,250,000 · First Midwest Bk
—
—
Partners Of Cmnty Eldercare LLC
—
Deed Of Trust
related
$12,237,200 · Anchor Bank Fsb
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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