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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Commercial real estate
8431 Racine Ave Wind Lake, WI 53185-1443
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-3410133
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
16 ac (696,960 SF)
APN
010 042005021000
UPID
US92-3410133
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
-
Racine Avenue Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$995k
Owner & transaction history
Icy LLC · 17 yrs held
Icy LLC
since 2009
Last sale
$995,000
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 Wind Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wind Lake 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
$6,122
Tax year 2023
Assessed value
$474,800
Assessed 2023
Previous assessed
$474,800
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$221,800
Assessed improvement
$253,000
Land market value
$255,342
Improvement market value
$291,261
Total market value
$546,603
Applied tax rate
10.0000
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
Heating
NONE
Lot
16 ac (696,960 SF)
APN
010 042005021000
UPID
US92-3410133
Jurisdiction
RACINE
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
16 ac
Current owner
From public records · entity-resolved
Icy LLC
Entity
Mailing address
13931 N GECKO CYN TRL #40, TUCSON, AZ 85755-2009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Jan 5, 2009
—
Icy LLC
Rainek,robert A
Quit Claim Deed
related
—
Nov 14, 2008
—
Robert A Rainek
Racine Home LLC
Quit Claim Deed
related
—
Oct 3, 2007
$605,900
Robert Dionne
Racine Home LLC
Grant Deed
—
Feb 16, 2005
—
Racine Home LLC
Rainek,robert A
Quit Claim Deed
related
—
Jan 31, 2005
—
Robert A Rainek
Icy LLC
Quit Claim Deed
related
—
—
—
Racine Home LLC
—
Deed Of Trust
related
$81,000 · Jerome C Porubcans
—
—
Icy LLC
—
Deed Of Trust
related
$608,000 · Securant Bk&tr
—
—
Icy LLC
—
Deed Of Trust
related
$1,000,000 · State Financial Bank
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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