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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Commercial real estate
721-721 Racine St 1 Jefferson, WI 53549
Entity Owned
~
Est. High Equity
Property ID
US92-3382785
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.36 ac (15,856 SF)
APN
241-0614-0344-012
UPID
US92-3382785
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Racine Street Townhomes LLC
Racine Street Townhomes LLC
since 2025
Last sale
$900,000
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 Jefferson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jefferson 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
$10,441
Tax year 2023
Assessed value
$586,500
Assessed 2023
Previous assessed
$458,800
+27.8% YoY
Effective rate
1.78%
On assessed value
Assessed land
$33,000
Assessed improvement
$553,500
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
0.36 ac (15,856 SF)
APN
241-0614-0344-012
UPID
US92-3382785
Jurisdiction
JEFFERSON
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
0.36 ac
Current owner
From public records · entity-resolved
Racine Street Townhomes LLC
Entity
Mailing address
200 E MAIN ST, WATERTOWN, WI 53094-3771
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
$900,000
Racine Street Townhomes LLC
Jh Investments LLC
Warranty Deed
$675,000 · North Shore Bank
Oct 7, 2022
—
Jh Investments LLC
—
Deed
related
$2,300,000 · Bank Of Lake Mills
Jun 17, 2021
—
Jh Investments LLC
—
Deed
related
$300,000 · Bank Of Lake Mills
May 22, 2020
—
Jh Investments LLC
—
Deed
related
$235,000 · Bank Of Lake Mills
Jul 18, 2012
—
Jh Investments LLC
Johnson & Hellekson R/e LLC
Quit Claim Deed
related
$321,600 · Town & Country Bank
Jun 3, 2008
$350,000
Johnson And Hellekson Real Estate L
Jkv Rentals LLC
Warranty Deed
$348,000 · M & I Marshall & Ilsley Bank
Mar 2, 2005
$310,100
Jkv Rentals LLC
M & M Premier Rentals LLC
Warranty Deed
$264,000 · Bank Of Lake Mills
—
—
Jkv Rentals LLC
—
Deed Of Trust
related
$275,104 · Isb Community Bank
—
—
Jh Investments LLC
—
Deed Of Trust
related
$235,000 · Bank Of Lake Mills
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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