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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Drug stores
5220 Washington Ave, Racine, WI 53406-4252
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US92-0018209
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1966
Total area
4,800 SF
Lot
1.21 ac (52,795 SF)
Zoning code
B2
APN
276 000013132048
UPID
US92-0018209
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
-
Good Value Pharmacy Racine Pharmacy
-
BrightStar Care Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$423k
Blend (final)
Blend
$520k
Owner & transaction history
Eagle Of Southeastern Wisconsin L · 13 yrs held
Eagle Of Southeastern Wisconsin L
since 2012
5 recorded transactions
Zoning & alternative use
B2 · Racine, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$108 / 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
$18,575
Tax year 2023
Assessed value
$725,000
Assessed 2023
Previous assessed
$725,000
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$464,400
Assessed improvement
$260,600
Land market value
$514,320
Improvement market value
$288,613
Total market value
$802,933
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1966
Heating
YES
Stories
1
Total area
4,800 SF
Lot
1.21 ac (52,795 SF)
Zoning code
B2
APN
276 000013132048
UPID
US92-0018209
Jurisdiction
RACINE
Zoning & alternative use
B2 · Racine, WI
Zoning B2 · permitted uses
B2 · Racine, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Racine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
YES
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Eagle Of Southeastern Wisconsin L
Individual
Mailing address
1060 BORGHESE LN APT #1605, NAPLES, FL 34114-7881
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2012
—
Eagle Of Southeastern Wisconsin L
Eagle Of Southeastern Wisconsin L
Quit Claim Deed
related
—
Feb 11, 2005
—
Eagle Of Southeastern Wisconsin L
Maragos,nicholas
Quit Claim Deed
related
—
—
—
Eagle Of Southeastern Wisconsin L
—
Deed Of Trust
related
$1,250,000 · Tri City National Bank
—
—
Eagle Of Southeastern Wisconsin L
—
Deed Of Trust
related
$750,000 · Tri City National Bank
—
—
Eagle Of Southeastern Wisconsin L
—
Deed Of Trust
related
$430,000 · Johnson 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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