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Property profile & analytics
OFF-MARKET
Manufacturing properties
5501 21st St Racine, WI 53406-5067
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US92-0545251
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
19.85 ac (864,579 SF)
Zoning code
I2
APN
276 000023876016
UPID
US92-0545251
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
-
A&E Inc Production Facility Factory
-
A & E Incorporated Industrial Manufacturer Production Facility
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
A & E INC · 17 yrs held
A & E INC
since 2009
6 recorded transactions
Zoning & alternative use
I2 · Racine, 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 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
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
$83,509
Tax year 2023
Assessed value
$3,341,700
Assessed 2023
Previous assessed
$3,200,200
+4.4% YoY
Effective rate
2.50%
On assessed value
Assessed land
$1,014,900
Assessed improvement
$2,326,800
Land market value
$1,123,996
Improvement market value
$2,576,918
Total market value
$3,700,914
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Lot
19.85 ac (864,579 SF)
Zoning code
I2
APN
276 000023876016
UPID
US92-0545251
Jurisdiction
RACINE
Zoning & alternative use
I2 · Racine, WIZoning I2 · permitted uses
I2 · Racine, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Check
Building & site characteristics
From public records
Heating
NONE
Lot
19.85 ac
Current owner
From public records · entity-resolved
A & E INC
Entity
Mailing address
5501 21ST ST, RACINE, WI 53406-5067
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2009
—
A & E INC
—
Loan Modification
related
$5,831,000 · J P Morgan Chase Bank
—
—
A & E INC
—
Deed Of Trust
related
$150,461 · Racine Cnty Economic Dev Corp
—
—
A & E INC
—
Deed Of Trust
related
$3,176,320 · Johnson Bank
—
—
Eckmann Custom Products INC
—
Deed Of Trust
related
$866,080 · Johnson Bank
—
—
Eckmann Custom Products INC|a & E INC
—
Loan Modification
related
$1,200,000 · Johnson Bk
—
—
A & E INC
—
Loan Modification
related
$4,500,000 · J P Morgan Chase 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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