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    Property profile & analytics
    FOR SALE
    Commercial land

    920 N 26Th St, Sheboygan, WI 53081

    3,066 SF 0.37 ac lot Built 1955
    Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US92-0807015
    No photos on file
    For Sale
    $555,555 3,066 SF
    920 N 26Th St, Sheboygan, WI 53081
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 6,393 square foot commercial property, situated on a 0.37-acre lot at 920 N 26th STREET, Sheboygan, WI, presents a unique investment opportunity. Currently vacant and ready for immediate occupancy, this building is ideally suited for a new Community Based Residential Facility (CBRF) operator. The property boasts 15 bedrooms, offering ample capacity for residents. Recent renovations include 10 newly remodeled restrooms and the installation of new flooring throughout. Convenience is enhanced by the inclusion of two laundry rooms, a spacious sunroom, and ADA accessibility features, ensuring a comfortable and compliant environment. The thoughtful layout incorporates two one-bedroom apartments on the lower level, providing convenient staff housing. Each suite is equipped with its own private restroom. Safety is prioritized with a fully installed fire alarm system. Priced at $899,999, this turnkey CBRF facility represents a compelling opportunity to establish or expand a successful healthcare business in a desirable location. The property's size, features, and vacant status make it an attractive proposition for immediate operation. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1955
    Total area 3,066 SF
    Lot 0.37 ac (16,074 SF)
    Zoning code BA3
    APN 59281212600
    UPID US92-0807015
    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
    • Hometown Retirement Inc Nursing Home Retirement Community
    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
    Herr Properties LLC · 8 yrs held
    Herr Properties LLC
    since 2018
    4 recorded transactions
    2018
    2017
    1969
    1969
    Zoning & alternative use
    BA3 · Sheboygan, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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