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Property profile

601 Reed Ave Manitowoc, WI 54220

OFF-MARKET
Medical Office Space
Property ID
US92-0569161
45,904 SF 5.48 ac lot Built 1956
Last sale Apr 2025 · $476,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property, located at 601 Reed Avenue in Manitowoc, Wisconsin, presents a unique investment opportunity. The building encompasses a substantial 45,904 square feet, previously utilized as a medical facility. Situated on a generous 5.48-acre lot, the property offers ample space for parking and future expansion. Its B-1 zoning allows for a wide range of potential uses, including office space, medical facilities, residential conversions, or educational institutions. …

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?
$11k
Tax billed · 2023
Assessed value$646k
Assessed land$596k
Assessed improvement$50k
Effective rate1.64%

Value estimate

· Oct 2026
$425k
$383k – $468k
AI approach$615k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMANITOWOC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Law Firm16.9
Restaurant15.9

Location

601 Reed Ave Manitowoc, WI 54220-2026
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4725 Plank, Manitowoc, WI 54220-9426 $810,000 Jul 2025 9,034 SF
1720 Memorial, Manitowoc, WI 54220-1440 $1,467,000 Jan 2024 9,017 SF
3711 Dewey, Manitowoc, WI 54220-5844 $4,555,400 Jun 2022 7,256 SF
1111 Bayshore, Manitowoc, WI 54220-5548 $2,033,900 Jun 2020 45,901 SF
501 10th, Manitowoc, WI 54220-4039 $800,000 Nov 2019 12,585 SF
3303 Dewey, Manitowoc, WI 54220-5987 $1,780,000 Mar 2019 7,700 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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