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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Commercial real estate
517 Lk Ave Twin Lakes, WI 53181-8922
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-0730981
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1988
Total area
4,000 SF
Lot
1.33 ac (57,935 SF)
Zoning code
B-1
APN
85-4-119-211-1100
UPID
US92-0730981
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
-
Vindictive Vinyl Auto Repair Shop
-
BS Collectibles (Bike/Boat/Book/etc) Store
-
Forged & Formed Production Facility
-
Twin Lakes Business Park Business Park
-
Patriot Chimney Sweep and Services General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$594k
Blend (final)
Blend
$575k
Owner & transaction history
Bp Capital LLC · 4 yrs held
Bp Capital LLC
since 2021
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
B-1 · Twin Lakes, 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 Twin Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Twin Lakes 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
$560,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$710,000
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $600k (Aug 17 2021)
Last sale anchor
$600k
Aug 17 2021
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
$144 / 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
$12,132
Tax year 2023
Assessed value
$607,100
Assessed 2023
Previous assessed
$607,100
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$163,300
Assessed improvement
$443,800
Land market value
$224,831
Improvement market value
$611,023
Total market value
$835,854
Applied tax rate
186.0000
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
1988
Heating
YES
Buildings
3
Total area
4,000 SF
Lot
1.33 ac (57,935 SF)
Zoning code
B-1
APN
85-4-119-211-1100
UPID
US92-0730981
Jurisdiction
KENOSHA
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Twin Lakes, WIZoning B-1 · permitted uses
B-1 · Twin Lakes, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Title 17
Building & site characteristics
From public records
Year built
1988
Heating
YES
Buildings
3
Lot
1.33 ac
Current owner
From public records · entity-resolved
Bp Capital LLC
Entity
Mailing address
PO BOX 644, LAKE ZURICH, IL 60047-0644
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2021
$600,000
Bp Capital LLC
Charles A Lovely
Deed
$450,000 · Cornerstone Natl Bank & Trust
Oct 6, 2011
—
Lovely Trust
Lovely,charles A & Jeanette A
Quit Claim Deed
related
—
—
—
Lovely Trust
—
Deed Of Trust
related
$40,378 · Us Bank NA
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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