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    Property profile & analytics

    920 Washington Ave Racine, WI 53403-1353

    • Drive through restaurants
    • 2,420 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $2,095,000
    Last Sale
    Jul 28, 2021
    $2,080,000
    Location Intelligence
    Property ID
    US92-0147889
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Popeyes Louisiana Kitchen / Seafood Restaurant / Chicken Restaurant

    Property Details for 920 Washington Ave

    Year built
    1982
    Lot size
    0.58 lot acres
    Property size
    2,420 SF
    Zone code
    B3
    Property type
    Drive through restaurants
    APN
    276 000003709000
    APU
    276000003709000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,955,000
      6.5%
      $1,880,000
      7%
      $2,140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,815,000
      Geo Method
      $2,220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,210,000
      Retail
      $2,075,000
      Mixed-Use
      $1,935,000
      Hospitality
      $1,955,000
      Educational
      $2,030,000
      Residential Income
      $2,270,000
      Energy
      $2,105,000
      Income-Based Land
      $2,020,000
      Food Service
      $2,315,000

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.793
    Latitude
    42.7226
    CBSA code
    39540
    CBSA name
    RACINE, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,272
    $140,000
    $655,000
    $795,000
    -
    $155,049
    $725,409
    $880,458

    Comparable in this City

    • Value Estimation
      $275,000
      595 SF

      233 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 595 SF
      233 Main St, Racine, WI 53403
      View Details
    • Value Estimation
      $285,000
      2,480 SF

      2815 Durand Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,480 SF
      2815 Durand Ave, Racine, WI 53403-3410
      View Details
    • Value Estimation
      $225,000
      2,514 SF

      520 Wisconsin Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,514 SF
      520 Wisconsin Ave, Racine, WI 53403-1051
      View Details
    • Value Estimation
      $195,000
      1,283 SF

      1601 Taylor Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,283 SF
      1601 Taylor Ave, Racine, WI 53403-2119
      View Details
    • Value Estimation
      $285,000
      1,260 SF

      2120 16th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,260 SF
      2120 16th St, Racine, WI 53403
      View Details
    • Value Estimation
      $190,000
      720 SF

      1804 Taylor Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 720 SF
      1804 Taylor Ave, Racine, WI 53403-2408
      View Details

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    Similar Nearby for Lease

    • $10 SF/Yr
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      Prime Retail Space in Racine

      Versatile commercial space with parking, drive-in door, and basement.
      1610 Washington Ave, Racine, WI 53403
      View Details
    • $11 SF/Yr
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      330 Main St.

      Coworking space • 8,505 SF
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      View Details
    • Contact for pricing
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      Harborview Professional Building: Racine, WI

      Downtown Racine Office Space: Lake Michigan Views
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      View Details
    • Contact for pricing
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      One Main Centre: Racine Office Space

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      View Details
    • $15 SF/Yr
      3,500 SF

      Commercial Flex Space Available

      3,500 sq ft flex space with climate control.
      316 Sheridan Rd, Racine, WI 53403
      View Details

    Property Visit Statistics

    • Visits by month
      5.2k
    • Visitors by month
      3.9k
    • Avg Time on site
      16 min
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    Racine, WI 53403-1353
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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