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Property profile & analytics
OFF-MARKET
Estimated value
$4,535,000
Retail space
502 Rolling Mdws Dr Fond Du Lac, WI 54937-9800
Entity Owned
18-yr Hold
Free & Clear
Property ID
US92-1043598
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
48,187 SF
Lot
3.92 ac (170,929 SF)
Zoning code
B-5
APN
FDL-15-17-08-11-008-00
UPID
US92-1043598
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
by Request
CAP Approach
CAP
$3.34M
Comparable Approach
Comparable
$4.79M
Blend (final)
Blend
$4.54M
Owner & transaction history
Alaroma Real Estate LLC · 18 yrs held
Alaroma Real Estate LLC
since 2007
1 recorded transaction
Zoning & alternative use
B-5 · Fond Du Lac, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.9M
+61.0%
Restaurant
$6.6M
+55.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,620,000
6.5%
$3,340,000
7%
$3,100,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,275,000
Current use
COMMERCIAL (GENERAL)
$6,880,000
Change: +61% · Conversion: Easy
RESTAURANT
$6,625,000
Change: +55% · Conversion: Easy
OFFICE BUILDING
$3,775,000
Change: -12% · Conversion: Easy
WAREHOUSE, STORAGE
$3,490,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$4.54M
Range $4.08M – $4.99M · ±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
$94 / 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
$118,606
Tax year 2023
Assessed value
$4,427,400
Assessed 2023
Previous assessed
$4,427,400
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$927,000
Assessed improvement
$3,500,400
Land market value
$1,232,255
Improvement market value
$4,653,057
Total market value
$5,885,312
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
11
Stories
1
Total area
48,187 SF
Lot
3.92 ac (170,929 SF)
Zoning code
B-5
APN
FDL-15-17-08-11-008-00
UPID
US92-1043598
Jurisdiction
FOND DU LAC
Zoning & alternative use
B-5 · Fond Du Lac, WI
Zoning B-5 · permitted uses
B-5 · Fond Du Lac, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fond Du Lac. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$6.9M
RESTAURANT
Est. value
$6.6M
OFFICE BUILDING
Est. value
$3.8M
WAREHOUSE, STORAGE
Est. value
$3.5M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
11
Lot
3.92 ac
Current owner
From public records · entity-resolved
Alaroma Real Estate LLC
Entity
Free & Clear · 18 yrs held
Mailing address
498 N ROLLING MDWS DR, FOND DU LAC, WI 54937-9784
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2007
$100,000
Alaroma Real Estate LLC
Frontage Investments INC
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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