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    976 Main St Fond Du Lac, WI 54935-6101

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    976 Main St Fond Du Lac, WI 54935-6101

    View on Map
    • Grocery and convenience stores
    • 1,200 SF
    • 0.87 lot acres
    Off-Market
    Last Sale Jul 6, 2020
    $575,000
    Property ID
    US92-0199877
    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.
    Value Estimations
    $600,000
    Show details
    Cap Rate Potential
    2.5%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • 976 S Main St Parking / Parking Lot & Garage
    • Unbank Bitcoin ATM / Crypto Atm / Atm
    • Amoco / Car Wash
    • Mobil / Parking Lot & Garage
    • ATM (Pioneer Mobil) / Atm

    Property Details for 976 Main St

    Year built
    1990
    Construction
    FRAME
    Lot size
    0.87 lot acres
    Property size
    1,200 SF
    Zone code
    B-4
    Property type
    Grocery and convenience stores
    APN
    FDL-15-17-22-42-282-00
    APU
    FDL1517224228200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $630,000
      ML approach
      $620,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fond Du Lac
    County
    Fond Du Lac
    State
    Wisconsin
    Longitude
    -88.4504
    Latitude
    43.7522
    CBSA code
    22540
    CBSA name
    FOND DU LAC, 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
    $12,612
    $270,800
    $248,300
    $519,100
    -
    $359,973
    $330,063
    $690,036

    Comparable in this City

    • Value Estimation
      $5,700,000
      62,552 SF

      760 Johnson St

      GROCERY, SUPERMARKET • 62,552 SF
      760 Johnson St, Fond Du Lac, WI 54935-2016
      View Details
    • Value Estimation
      $575,000
      3,192 SF

      20 Pioneer Rd

      CONVENIENCE STORE • 3,192 SF
      20 Pioneer Rd, Fond Du Lac, WI 54935-6157
      View Details
    • Value Estimation
      $6,770,000
      64,570 SF

      55 Pioneer Rd

      GROCERY, SUPERMARKET • 64,570 SF
      55 Pioneer Rd, Fond Du Lac, WI 54935-6151
      View Details
    • Value Estimation by Request
      2,584 SF

      235 Scott St

      CONVENIENCE STORE • 2,584 SF
      235 Scott St, Fond Du Lac, WI 54935-2150
      View Details
    • Value Estimation by Request
      2,262 SF

      414 Johnson St

      CONVENIENCE STORE • 2,262 SF
      414 Johnson St, Fond Du Lac, WI 54935-3130
      View Details
    • Value Estimation
      $600,000
      1,232 SF

      473 Fond Du Lac Ave

      CONVENIENCE STORE • 1,232 SF
      473 Fond Du Lac Ave, Fond Du Lac, WI 54935-5440
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Redevelopment Site for Retail

      Former QSR site available for redevelopment and retail vacancy.
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      2,400 SF

      Retail Space on Pioneer Road

      Retail space available for sale on Pioneer Road.
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      6.02 AC Redevelopment Opportunity

      Last remaining parcel within Forest Mall redevelopment area.
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      Retail Center with Multiple Tenants

      Retail center for sale with four established tenants.
      7-75 W Scott St, Fond du Lac, WI 54935
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    • $1,800,000

      Versatile Commercial Building in Fond du Lac

      Redevelopment opportunity with existing tenants and high traffic location.
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    • $1,590,000
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      Copper Cock Tavern: Fond du Lac

      Historic Restaurant, Turnkey Option
      30 Main St, Fond du Lac, WI 54935
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Building with Occupied Suites

      Two-suite retail building, fully occupied, suitable for owner-occupancy or investment.
      80-86 S Macy St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      1,150 SF

      Retail Space in High-Traffic Location

      Well-maintained retail suite with offices, conference room, and kitchenette.
      437 N Pioneer Rd, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      17,570 SF

      Retail Space in Forest Plaza

      Grocery-anchored shopping center with available retail space for lease.
      800 W Johnson St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      10,500 SF

      Highway 23 Retail/Flex Space

      Highway 23 location with showroom, shop, and parts room.
      W4037 Westfield Rd, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      Retail Redevelopment Opportunity

      Former QSR site available for redevelopment.
      444 W Johnson St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      Forest Mall Redevelopment Opportunities

      Retail and land opportunities in Forest Mall redevelopment project.
      835 W Johnson St, Fond du Lac, WI 54935
      View Details

    Property Visit Statistics

    • Visits by month
      1.8k
    • Visitors by month
      1.1k
    • Avg Time on site
      14 min
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    976 Main St
    Fond Du Lac, WI 54935-6101
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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