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Property profile & analytics
OFF-MARKET
Commercial real estate
816 Hamilton St Racine, WI 53404-3134
Entity Owned
1-yr Hold
Free & Clear
Property ID
US92-0297713
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
3,767 SF
Lot
0.11 ac (4,835 SF)
Zoning code
R3
APN
276 000001992002
UPID
US92-0297713
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
770 Copper Lane LLC · 1 yrs held
770 Copper Lane LLC
since 2024
Last sale
$280,000
6 recorded transactions
Zoning & alternative use
R3 · Racine, WI
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 Racine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Racine 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
$4,941
Tax year 2023
Assessed value
$129,000
Assessed 2023
Previous assessed
$112,000
+15.2% YoY
Effective rate
3.83%
On assessed value
Assessed land
$10,000
Assessed improvement
$119,000
Land market value
$11,074
Improvement market value
$131,791
Total market value
$142,865
Applied tax rate
276.0000
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
Year built
1900
Heating
YES
Stories
2
Units
4
Total area
3,767 SF
Lot
0.11 ac (4,835 SF)
Zoning code
R3
APN
276 000001992002
UPID
US92-0297713
Jurisdiction
RACINE
Zoning & alternative use
R3 · Racine, WI
Zoning R3 · permitted uses
R3 · Racine, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Racine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
YES
Stories
2
Units
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
770 Copper Lane LLC
Entity
Free & Clear · 1 yrs held
Mailing address
737 ARTHUR AVE, RACINE, WI 53405-2420
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
—
770 Copper Lane LLC
Christopher Wright
Deed
related
—
Jul 12, 2024
$280,000
Christopher Wright
New Breed LLC
Warranty Deed
—
Jun 25, 2020
—
New Breed LLC
Lee A JR
Quit Claim Deed
related
—
Oct 15, 2010
$124,100
Lee A Robinson JR.
Tri Cty Natl Bk
Warranty Deed
$180,000 · Tri City National Bank
Feb 16, 2010
$80,000
Tri Cty Natl Bk
Sheriff Of Racine County
Trustees Deed
related
—
Apr 13, 2007
$88,000
Michael A Benes
West,bill A
Warranty Deed
$126,000 · Bank Of Elmwood
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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