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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Industrial properties
8630 Industrial Dr Caledonia, WI 53126-9342
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-0835824
Property summary
AI-generated overview
This exceptional 3.7-acre industrial land parcel, located at 8630 Industrial Drive in Caledonia, Wisconsin, presents a prime opportunity for development. The property, identified by APN 104-04-22-34-028-005, boasts a rectangular shape encompassing 161,172 square feet and is zoned M-2 General Manufacturing District, ensuring versatility for various industrial uses. Situated within the Caledonia Business Park, this fully improved site offers convenient access to all essential municipal utilities, including sewer and water. Importantly, the land is free from any encumbrances or restrictions such as wetlands or floodplains, simplifying the development process. Its strategic location provides easy access to Interstate 94, enhancing logistical efficiency and connectivity. The asking price for this ready-to-develop site is $350,000. This property is owned by Racine - Kenosha Plumbers & Steamfitters. The zip code is 53126.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
4.76 ac (207,346 SF)
APN
104 042234028001
UPID
US92-0835824
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
$2.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
Racine Kenosha Plumbers & Steamfitt · 2 yrs held
Racine Kenosha Plumbers & Steamfitt
since 2024
Last sale
$2.6M
2 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 Caledonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Caledonia 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
$2,600,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.60M (Feb 5 2024)
Last sale anchor
$2.60M
Feb 5 2024
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
—
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
$21,029
Tax year 2023
Assessed value
$1,204,200
Assessed 2023
Previous assessed
$1,161,400
+3.7% YoY
Effective rate
1.75%
On assessed value
Assessed land
$301,700
Assessed improvement
$902,500
Land market value
$295,221
Improvement market value
$883,121
Total market value
$1,178,342
Applied tax rate
104.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
4.76 ac (207,346 SF)
APN
104 042234028001
UPID
US92-0835824
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
4.76 ac
Current owner
From public records · entity-resolved
Racine Kenosha Plumbers & Steamfitt
Individual
Mailing address
10411 SPG ST, MOUNT PLEASANT, WI 53177
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
—
Racine Kenosha Plumbers & Steamfitt
—
Deed
related
$3,688,000 · Johnson Bank
Feb 5, 2024
$2,600,000
Racine Kenosha Plumbers & Steamfitt
Mamco
Warranty Deed
$2,033,661 · Johnson 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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