Realmo Analytics

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Property profile

524 Main St Racine, WI 53403

OFF-MARKET
Commercial real estate
Property ID
US92-0916907
27,600 SF 0.22 ac lot Built 1902
Last sale Oct 2018 · $413,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 408-square-foot traditional office space is ideally situated in downtown Racine, Wisconsin, at 524 Main Street, Unit 106. The single-tenant unit boasts large retail windows overlooking a common hallway, providing excellent visibility. All utilities are included in the monthly rent of $595, making budgeting simple. Ample street parking is readily available for both tenants and clients. The building offers convenient amenities such as common hallway restrooms, forced-air heating and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$457k
Assessed land$77k
Assessed improvement$380k
Effective rate3.45%

Value estimate

· Nov 2026
$480k
$432k – $528k
AI approach$480k
Submarket $/SF estimate$757k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$57/SF
ZIP average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$27 – $87
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B4
JurisdictionRACINE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.8
Tailor Shop9.4
Furniture Store9.2

Location

524 Main St Racine, WI 53403
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1024 Main, Racine, WI 53403-1576 $6,000,000 Dec 2025 33,859 SF
816 6th, Racine, WI 53403 $230,000 Jun 2025 16,400 SF
1915 Washington, Racine, WI 53403-2065 $1,360,000 Oct 2024 12,800 SF
1413 13th, Racine, WI 53403-2032 $240,000 Aug 2024 9,488 SF
2000 Washington, Racine, WI 53403-2173 $425,000 Aug 2024 27,028 SF
1301 Memorial, Racine, WI 53403-2025 $675,000 May 2024 26,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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