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    Property profile & analytics

    5501 Washington Ave Mount Pleasant, WI 53406-4013

    • Turn key restaurants
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 24, 2025
    Location Intelligence
    Property ID
    US92-0605921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Denny's / Breakfast Restaurant / Diner
    • The Burger Den / Restaurant

    Property Details for 5501 Washington Ave

    Lot size
    1.09 lot acres
    Property type
    Turn key restaurants
    APN
    151 032213155000
    APU
    151032213155000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.847
    Latitude
    42.7185
    CBSA code
    39540
    CBSA name
    RACINE, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,646
    $712,200
    $527,000
    $1,239,200
    -
    $714,050
    $528,369
    $1,242,419

    Comparable in this City

    • Value Estimation by Request
      1.88 Acres

      6430 Washington Ave

      RESTAURANT • 1.88 Acres
      6430 Washington Ave, Mount Pleasant, WI 53406-3920
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    • Value Estimation by Request
      6,885 SF

      5880 Durand Ave

      RESTAURANT • 6,885 SF
      5880 Durand Ave, Racine, WI 53406-5041
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    • Value Estimation by Request
      10,165 SF

      5612 Durand Ave

      RESTAURANT • 10,165 SF
      5612 Durand Ave, Racine, WI 53406-5053
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    • Value Estimation by Request
      10,302 SF

      6000 Durand Ave

      RESTAURANT • 10,302 SF
      6000 Durand Ave, Racine, WI 53406-5016
      View Details
    • Value Estimation by Request
      1.45 Acres

      2800 Grn Bay Rd

      RESTAURANT • 1.45 Acres
      2800 Grn Bay Rd, Mount Pleasant, WI 53406-4950
      View Details
    • Value Estimation by Request
      0.96 Acres

      1158 Pr Dr

      RESTAURANT • 0.96 Acres
      1158 Pr Dr, Mount Pleasant, WI 53406-3972
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18 SF

      Green Bay Road Retail Frontage

      Retail property with frontage on Green Bay Road, available Summer 2024.
      2630 S Green Bay Rd, Racine, WI 53406
      View Details
    • $1,200,000
      4.86 Acres

      Racine Redevelopment Opportunity

      4.86-acre prime commercial site
      4801 Washington Ave, Racine, WI 53406
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    • $1,200,000
      4.64 Acres

      Prime Commercial/Industrial Land in Racine, WI

      4.64-acre lot, high traffic location, ideal for development.
      0 Washington Ave, Mount Pleasant, WI 53406
      View Details
    • $550,000
      5.72 Acres

      Mt. Pleasant Commercial Land - 5.7 Acres

      Prime I-94 Commercial Land, High Visibility
      0 Frontage Rd, Mount Pleasant, WI 53406
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    • $125,000
      6.90 Acres

      Mount Pleasant Commercial Land

      Prime Wisconsin acreage, ideal for business.
      3711 Mt Pleasant Business Park, Mount Pleasant, WI 53406
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    • $1,296,000
      36.15 Acres

      Mount Pleasant Agricultural Land For Sale

      36 acres of agricultural land suitable for development.
      Lt0 Mariner Dr, Racine, WI 53406
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      153,067 SF

      High Ridge Center: Racine, WI

      Retail & Office Space Available in Racine
      2211-2417 Green Bay Rd, Racine, WI 53406
      View Details
    • Contact for pricing
      1,150 SF

      Retail Space Near Regency Mall

      Retail spaces available near Regency Mall on Green Bay Road.
      2308-2406 S Green Bay Rd, Racine, WI 53406
      View Details
    • Contact for pricing
      6,986 SF

      Racine Retail Building For Sale

      Prime Standalone Retail Space Available
      6501 Regency Dr, Racine, WI 53406
      View Details
    • Contact for pricing
      800 SF

      Mount Pleasant Office and Retail

      Second floor suite in high-traffic area, ideal for office.
      4900 Spring St, Racine, WI 53406
      View Details
    • $35 SF/Yr
      2,500 SF

      Racine Centre Retail Space

      Retail space available in Racine Centre Shopping Center.
      5423 Washington Ave, Mt Pleasant, WI 53406
      View Details
    • Contact for pricing
      1,831 SF

      Professional Office Space Available

      Office space in Windsor Court, Racine, WI, for rent.
      5802 Washington Ave, Racine, WI 53406
      View Details
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    5501 Washington Ave
    Mount Pleasant, WI 53406-4013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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