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Property profile & analytics
OFF-MARKET
Estimated value
$6,105,000
Commercial land
518 Taylor Dr, Sheboygan, WI 53081-4253
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0966352
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1993
Total area
97,910 SF
Lot
11.95 ac (520,542 SF)
Zoning code
BB5
APN
59281215107
UPID
US92-0966352
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
-
higi Physician
-
Bryan Koschak Pharmacy
-
Kristi Duban Pharmacy
-
Hobby Lobby (Bike/Boat/Book/etc) Store
-
Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.76M
Blend (final)
Blend
$6.11M
Owner & transaction history
518 S Taylor Drive LLC · 7 yrs held
518 S Taylor Drive LLC
since 2019
4 recorded transactions
Zoning & alternative use
BB5 · Sheboygan, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.0M
+29.9%
Retail stores
$7.6M
+23.9%
Restaurant
$7.5M
+21.2%
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 Sheboygan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheboygan 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,160,000
Current use
AUTO REPAIR, GARAGE
$8,005,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$7,630,000
Change: +24% · Conversion: Easy
RESTAURANT
$7,470,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$5,415,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$6.11M
Range $5.49M – $6.72M · ±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
$62 / 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
$96,303
Tax year 2023
Assessed value
$5,494,500
Assessed 2023
Previous assessed
$3,540,300
+55.2% YoY
Effective rate
1.75%
On assessed value
Assessed land
$2,331,700
Assessed improvement
$3,162,800
Land market value
$2,396,629
Improvement market value
$3,250,871
Total market value
$5,647,500
Applied tax rate
5,271.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1993
Heating
NONE
Total area
97,910 SF
Lot
11.95 ac (520,542 SF)
Zoning code
BB5
APN
59281215107
UPID
US92-0966352
Jurisdiction
SHEBOYGAN
Zoning & alternative use
BB5 · Sheboygan, WI
Zoning BB5 · permitted uses
BB5 · Sheboygan, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sheboygan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$8.0M
RETAIL STORES
Est. value
$7.6M
RESTAURANT
Est. value
$7.5M
OFFICE BUILDING
Est. value
$5.4M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
OFFICE BUILDING
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
1993
Heating
NONE
Lot
11.95 ac
Current owner
From public records · entity-resolved
518 S Taylor Drive LLC
Entity
Mailing address
2021 MCKINNEY AVE STE #1150, DALLAS, TX 75201-7632
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 4, 2019
—
518 S Taylor Drive LLC
Spirit Spe Portfolio 2006-1 Ll
Trustees Deed
related
$100,800,000 · Column Fin'l INC
Nov 13, 2018
—
Spirit Spe Portfolio 2006-1 Ll
—
Deed
related
$165,000,000 · Column Fin'l INC
Feb 2, 2006
$6,400,000
Shopko Spe Real Est LLC
Shopko Stores INC
Quit Claim Deed
related
—
—
—
Spirit Spe Portfolio 2006-1 Ll
—
Deed Of Trust
related
$165,000,000 · Column Fin'l INC
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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