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Property profile & analytics
OFF-MARKET
Commercial real estate
5425 Racetrack Rd, Sheboygan, WI 53081-1112
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-1310921
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
7.09 ac (308,840 SF)
APN
59030454490
UPID
US92-1310921
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
-
Penske Truck Rental Car Rental Facility
-
Sheboygan Powersports Service Department Auto Repair Shop Motorcycle Shop
-
Ride North Sheboygan Powersports & Marine (Bike/Boat/Book/etc) Store Car Dealership
-
Sheboygan Yamaha, Inc Car Dealership Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southeast Real Estate LLC · 11 yrs held
Southeast Real Estate LLC
since 2015
7 recorded transactions
Zoning & alternative use
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$36,508
Tax year 2023
Assessed value
$2,944,400
Assessed 2023
Previous assessed
$2,944,400
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$248,600
Assessed improvement
$2,695,800
Land market value
$258,664
Improvement market value
$2,804,936
Total market value
$3,063,600
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
7.09 ac (308,840 SF)
APN
59030454490
UPID
US92-1310921
Jurisdiction
SHEBOYGAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
7.09 ac
Current owner
From public records · entity-resolved
Southeast Real Estate LLC
Entity
Mailing address
500 S CARPENTER AVE, KINGSFORD, MI 49802-4529
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2020
—
Southeast Real Estate LLC
—
Deed
related
$2,177,937 · Bank First Nat'l
Apr 12, 2018
—
Southeast Real Estate LLC
—
Deed
related
$390,000 · Bank First Nat'l-custer Street
Apr 9, 2018
—
Southeast Real Estate LLC
—
Deed
related
$390,000 · Bank First Nat'l
Apr 21, 2015
$1,900,500
Southeast Real Estate LLC
Thompson Parkview Marina LLC
Warranty Deed
$2,000,000 · Bank First Nat'l
—
—
Southeast Real Estate LLC
—
Deed Of Trust
related
$254,658 · Bank First Nat'l
—
—
Southeast Real Estate LLC
—
Deed Of Trust
related
$2,177,937 · Bank First Nat'l
—
—
Southeast Real Estate LLC
—
Deed Of Trust
related
$390,000 · Bank First Nat'l
—
—
Southeast Real Estate LLC
—
Deed Of Trust
related
$390,000 · Bank First Nat'l-custer Street
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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