Realmo Analytics

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Property profile

601 Lk Ave Racine, WI 53403

OFF-MARKET
Other commercial real estate
Property ID
US92-0147885
26,456 SF 0.57 ac lot Built 1912
Last sale Mar 2026 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Harborview Professional Building is a multi-story office building constructed in 1912, containing approximately 27,160 square feet of office space across three stories plus a ground level. The building includes two private patios positioned on the north and east sides, each providing views of Lake Michigan.

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?
$35k
Tax billed · 2023
Assessed value$1.26M
Assessed land$239k
Assessed improvement$1.02M
Effective rate2.78%

Value estimate

· Nov 2026
$1.20M
$1.08M – $1.32M
Submarket $/SF estimate$1.48M

Realmo valuation models over county records and 10 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 comparables10

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
Laundry Service9.4
Tailor Shop9.4

Location

601 Lk Ave Racine, WI 53403-1249
County assessor Recorded deeds · 2 transfers 10 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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