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Property profile & analytics
OFF-MARKET
Estimated value
$2,085,000
Drive through restaurants
920 Washington Ave Racine, WI 53403-1353
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-0147889
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1982
Total area
2,420 SF
Lot
0.58 ac (25,352 SF)
Zoning code
B3
APN
276 000003709000
UPID
US92-0147889
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
-
Popeyes Louisiana Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.09M
Owner & transaction history
Gd Manna LLC · 4 yrs held
Gd Manna LLC
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
B3 · Racine, 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 Racine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Racine 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
$2,220,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.09M
Range $1.88M – $2.29M · ±10% · vs last sale $2.08M (Jul 28 2021)
Last sale anchor
$2.08M
Jul 28 2021
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
$862 / SF
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
$20,272
Tax year 2023
Assessed value
$795,000
Assessed 2023
Previous assessed
$761,000
+4.5% YoY
Effective rate
2.55%
On assessed value
Assessed land
$140,000
Assessed improvement
$655,000
Land market value
$155,049
Improvement market value
$725,409
Total market value
$880,458
Applied tax rate
276.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,420 SF
Lot
0.58 ac (25,352 SF)
Zoning code
B3
APN
276 000003709000
UPID
US92-0147889
Jurisdiction
RACINE
Zoning & alternative use
B3 · Racine, WI
Zoning B3 · permitted uses
B3 · Racine, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Racine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Gd Manna LLC
Entity
Mailing address
5405 ALTON PKWYA507, IRVINE, CA 92604-3717
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2021
$2,080,000
Gd Manna LLC
Brodersen Properties Of Wiscons LLC
Special Warranty Deed
—
Jun 22, 2021
—
Zubha Pop Foods LLC
—
Deed
related
$58,240,800 · Bank Of America NA
Sep 20, 2017
—
Brodersen Prop Of Wisconsin Ll
—
Deed
related
$54,268,866 · Wells Fargo Bk
Apr 11, 2017
—
Brodersen Ents Of Wisconsin INC
—
Grant Deed
related
$75,000,000 · Wells Fargo Bk
Apr 5, 2017
—
Brodersen Properties Of Wisconsin L
Brodersen Acquistions LLC
Quit Claim Deed
related
$50,017,500 · Wells Fargo Bank NA
Dec 21, 2016
$850,000
Brodersen Acquisitions LLC
Popeyes Racine Corp
Grant Deed
—
—
—
Popeyes Racine Corp
—
Deed Of Trust
related
$295,000 · Bank Of Elmwood
—
—
Popeyes Racine Corp
—
Deed Of Trust
related
$457,200 · Community State Bank
—
—
Brodersen Prop Of Wisconsin Ll
—
Loan Modification
related
$54,268,866 · Wells Fargo Bk
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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