Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Investment properties
821 8th St Sheboygan, WI 53081-4020
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US92-0569383
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
34,040 SF
Lot
0.21 ac (9,000 SF)
Zoning code
BA7
APN
59281107260
UPID
US92-0569383
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
Current use
Occupant on record · Public records
-
The Berkshire Event Venue Hotel & Motel Resort
-
ATM Atm
-
Black Pig Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$875k
Owner & transaction history
Black Pig Elkhart Lake LLC · 10 yrs held
Black Pig Elkhart Lake LLC
since 2015
7 recorded transactions
Zoning & alternative use
BA7 · Sheboygan, 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 Sheboygan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheboygan 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
Method
Estimation
Statistic approach
by Request
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$875k
Range $788k – $963k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$26 / SF
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
$16,600
Tax year 2023
Assessed value
$947,100
Assessed 2023
Previous assessed
$947,100
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$62,600
Assessed improvement
$884,500
Land market value
$64,338
Improvement market value
$909,062
Total market value
$973,400
Applied tax rate
5,271.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
3
Total area
34,040 SF
Lot
0.21 ac (9,000 SF)
Zoning code
BA7
APN
59281107260
UPID
US92-0569383
Jurisdiction
SHEBOYGAN
Zoning & alternative use
BA7 · Sheboygan, WI
Zoning BA7 · permitted uses
BA7 · Sheboygan, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sheboygan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
3
Lot
0.21 ac
Current owner
From public records · entity-resolved
Black Pig Elkhart Lake LLC
Entity
Mailing address
821 N 8TH ST, SHEBOYGAN, WI 53081-4020
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2017
—
Black Pig Of Elkhart Lake LLC
—
Deed
related
$927,500 · Hiawatha Nat'l Bk
Aug 16, 2016
—
Black Pig Elkhart Lake LLC
—
Deed
related
$350,900 · Hiawatha Nat'l Bk
Aug 5, 2015
$400,000
Black Pig Elkhart Lake LLC
821 LLC
Warranty Deed
$210,000 · Commerce St Bk
—
—
821 LLC
—
Deed Of Trust
related
$8,160,438 · Bmo Harris Bk NA
—
—
Catering With Culinary Artists
—
Deed Of Trust
related
$199,900 · Redevelopment Authority/city/s
—
—
Black Pig Elkhart Lake LLC
—
Deed Of Trust
related
$350,900 · Hiawatha Nat'l Bk
—
—
Black Pig Of Elkhart Lake LLC
—
Deed Of Trust
related
$903,000 · Hiawatha Nat'l Bk
—
—
Black Pig Of Elkhart Lake LLC
—
Loan Modification
related
$927,500 · Hiawatha Nat'l Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 821 8th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
