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Property profile & analytics
OFF-MARKET
Commercial real estate
8500 Grn Bay Rd, Pleasant Prairie, WI 53158-2721
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-1204989
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1988
Total area
4,092 SF
Lot
7.55 ac (328,878 SF)
Zoning code
B-1
APN
91-4-122-103-0141
UPID
US92-1204989
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
Belder Investments LLC · 1 yrs held
Belder Investments LLC
since 2024
Last sale
$752,600
7 recorded transactions
Zoning & alternative use
B-1 · Pleasant Prairie, 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 Pleasant Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasant Prairie 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
$6,748
Tax year 2023
Assessed value
$497,600
Assessed 2023
Previous assessed
$497,600
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$209,500
Assessed improvement
$288,100
Land market value
$226,088
Improvement market value
$310,911
Total market value
$536,999
Applied tax rate
174.0000
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
1988
Heating
YES
Buildings
3
Total area
4,092 SF
Lot
7.55 ac (328,878 SF)
Zoning code
B-1
APN
91-4-122-103-0141
UPID
US92-1204989
Jurisdiction
KENOSHA
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Pleasant Prairie, WI
Zoning B-1 · permitted uses
B-1 · Pleasant Prairie, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pleasant Prairie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
YES
Buildings
3
Lot
7.55 ac
Current owner
From public records · entity-resolved
Belder Investments LLC
Entity
Mailing address
339 N MILWAUKEE AVE, LIBERTYVILLE, IL 60048-2279
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
—
Belder Investments LLC
—
Deed
related
$150,000 · Citizens Bank
Jul 17, 2024
$752,600
Belder Investments LLC
Rs Capital LLC
Warranty Deed
$564,450 · Citizens Bank
Aug 6, 2019
$475,000
Rs Capital LLC
Alpha Media LLC
Grant Deed
$356,250 · Libertyville Bk
Apr 4, 2018
—
Vertical Bridge S3 Assets LLC
—
Deed
related
—
Oct 7, 2016
—
Vba II LLC
—
Deed
related
—
Feb 29, 2016
$1,103,200
Alpha Media LLC
Digity Cos LLC
Grant Deed
—
Feb 13, 2014
$1,120,800
Digity Companies LLC
Nextmedia Operating INC
Grant Deed
—
Aug 23, 2010
—
Nextmedia Operating INC
—
Deed Of Trust
related
$145,000,000 · Credit Suisse Ag
—
—
Vba II LLC
—
Deed Of Trust
related
—
—
—
Vertical Bridge S3 Assets LLC
—
Deed Of Trust
related
—
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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