Financial
Distress signals
Property profile

831 Michigan Ave Sheboygan, WI 53081

FOR SALE
Office buildings
Property ID
US92-3460114
7,122 SF 0.21 ac lot Built 1940
Last sale Aug 2019 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use property at 831 Michigan Avenue is housed in a structure built in 1940 and combines commercial and residential spaces. The main level features two commercial suites, including an open-concept suite and a separate insurance agency office. The upper level contains two apartments, each approximately 1,000 square feet, providing residential accommodation above the business uses. The building is sited on approximately 0.21 acres in downtown Sheboygan, near local businesses,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$259k
Assessed land$52k
Assessed improvement$207k
Effective rate1.75%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$105k
Vacancy & credit loss−$4k
Operating expenses−$46k
NOI · 7.97% cap applied$56k

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?
7.97%
$56k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BA7
JurisdictionSHEBOYGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.4
HVAC Service10.5
Carpet & Flooring Store9.4

Location

831 Michigan Ave Sheboygan, WI 53081
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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