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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Retail space
511 6th St Racine, WI 53403-1117
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0759039
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
3,090 SF
Lot
0.06 ac (2,483 SF)
Zoning code
B4
APN
276 000000360000
UPID
US92-0759039
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
-
Epicenter of Creative Empowerment @ Reveur Gallery Garden Center Landscaping
-
Benjamin Moore Paint Store: Sanders Paint & Wallpaper Hardware & Home Improvement Building Supply
-
509 Club Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Dwyl Enterprises LLC · 3 yrs held
Dwyl Enterprises LLC
since 2023
Last sale
$260,000
4 recorded transactions
Zoning & alternative use
B4 · Racine, WI
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 Racine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Racine 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
$270,000
ML approach
$250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±10% · vs last sale $260k (Apr 4 2023)
Last sale anchor
$260k
Apr 4 2023
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
$87 / 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
$5,163
Tax year 2023
Assessed value
$173,000
Assessed 2023
Previous assessed
$173,000
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$18,200
Assessed improvement
$154,800
Land market value
$20,156
Improvement market value
$171,440
Total market value
$191,596
Applied tax rate
276.0000
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
1900
Heating
YES
Stories
2
Total area
3,090 SF
Lot
0.06 ac (2,483 SF)
Zoning code
B4
APN
276 000000360000
UPID
US92-0759039
Jurisdiction
RACINE
Zoning & alternative use
B4 · Racine, WIZoning B4 · permitted uses
B4 · Racine, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Check
Building & site characteristics
From public records
Year built
1900
Heating
YES
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Dwyl Enterprises LLC
Entity
Mailing address
4368 N DAL CRST LN, ZION, IL 60099
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
—
Dwly Enetrprise LLC
—
Deed
related
$360,000 · Tri City National Bank
Apr 4, 2023
$260,000
Dwyl Enterprises LLC
Sanders Paint And Wallpaper INC
Warranty Deed
$360,000 · Tri City National Bank
Apr 4, 2023
—
Sanders Paint & Wallpaper INC
Barry Sanders
Administrators Deed
—
—
—
Sanders Paint & Wallpaper INC
—
Deed Of Trust
related
$35,000 · M & I Marshall & Isley Bank
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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