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Property profile & analytics
OFF-MARKET
Commercial real estate
7930 288th Ave, Salem, WI 53168
Entity Owned
5-yr Hold
Free & Clear
Property ID
US92-0650666
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1940
Total area
10,478 SF
Lot
6.5 ac (283,140 SF)
APN
70-4-120-082-0410
UPID
US92-0650666
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
by Request
Owner & transaction history
Jerry & Colleen Epping R & E LLC · 5 yrs held
Jerry & Colleen Epping R & E LLC
since 2021
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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
$9,606
Tax year 2023
Assessed value
$707,000
Assessed 2023
Previous assessed
$616,200
+14.7% YoY
Effective rate
1.36%
On assessed value
Assessed land
$196,500
Assessed improvement
$510,500
Land market value
$205,215
Improvement market value
$533,141
Total market value
$738,356
Applied tax rate
179.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Year built
1940
Heating
NONE
Buildings
5
Total area
10,478 SF
Lot
6.5 ac (283,140 SF)
APN
70-4-120-082-0410
UPID
US92-0650666
Jurisdiction
KENOSHA
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI METROPOLITAN DIVISION
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
Year built
1940
Heating
NONE
Buildings
5
Lot
6.5 ac
Current owner
From public records · entity-resolved
Jerry & Colleen Epping R & E LLC
Entity
Free & Clear · 5 yrs held
Mailing address
29000 75TH ST, SALEM, WI 53168-8827
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2025
—
Jerry & Colleen Epping Real Estate
—
Deed
related
$3,500,000 · Compeer Financial Pca
Jul 10, 2025
—
Jerry & Colleen Epping Real Estate
—
Deed
related
$8,500,000 · Compeer Financial Pca
Oct 23, 2023
—
Jerry & Colleen Epping Real Estate
—
Deed
related
$3,000,000 · Compeer Financial Flca
Jun 7, 2022
—
Jerry & Colleen Epping Real Estate
—
Deed
related
$3,200,000 · Compeer Financial Pca
Jan 29, 2021
—
Jerry & Colleen Epping R & E LLC
Jerome J Epping
Quit Claim Deed
—
Nov 19, 2019
—
Jerome J Epping
—
Deed
related
$2,800,000 · Compeer Fin'l Flca
Jun 20, 2019
—
Jerome J Epping
—
Deed
related
$9,724,532 · Compeer Fin'l Flca
Apr 26, 2017
—
Jerome J Epping
—
Trustees Deed
related
$1,000,000 · Badgerland Fin'l
Aug 11, 2011
—
Epping,jerome J & Colleen P
—
Loan Modification
related
$2,739,989 · Badgerland Fin'l
—
—
Jerome J Epping
—
Deed Of Trust
related
$9,724,532 · Compeer Fin'l Flca
—
—
Jerome J Epping
—
Deed Of Trust
related
$2,800,000 · Compeer Fin'l Flca
—
—
Epping,jerome J & Colleen P
—
Deed Of Trust
related
$1,585,000 · Badgerland Fin'l
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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