1509 Rapids Dr, Racine, WI 53404 Property Records

Racine County property record for 1509 Rapids Dr, Racine, WI 53404

Property Summary

Property Type	Commercial
Details	35,848 sqft · built 1955
Lot Size	6.4 acres (279,045 sqft)
Owner	Company Name on Record
Last Sale	$3,100,000 (Feb 2023)
Tax Bill	$33,760 (2025)
Deeds & Mortgages	Oct 2023 Construction Loan Feb 2023 Sale & Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`276 000021114000`

Property Details

APN / Parcel Number

Primary APN	`276 000021114000`

Interior

Units	31 Units
Stories	1 Story
Building Area	35,848 sqft Total Area

Exterior

Year Built	Built 1955
Effective Year Built	Effective 1955
Exterior Material	Brick
Lot Area	279,045 sqft (6.4 acres)

Utilities, Heating & Cooling

Heating System	Space Heater

Location & Zoning

Street Address	1509 RAPIDS DR
City	RACINE
State	WI
Zip	53404-2383
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	I2
Legal Description	SE 1/4 SECTION 5-3-23 PCL N OF HIGH ST, S OF RAPIDS DR, E OF N MEMORIAL DR + W OF C N W RR CO ROW 6.780 AC MOL
Legal Subdivision	STRANSKY-JANDL SUBDIVISION,
Jurisdiction	RACINE WI
Township / Civil Division	RACINE
Census Block Group	2
Census Block	2000
Census Tract	1202

Owner

Source: Racine County records, as of July 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	4567 BUTTERFLY CREEK RD, SAN RAMON, CA 94582-5410
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 2, 2023	Deed of Trust, Mortgage · Construction Mortgage CIBM BANK
Feb 22, 2023	Warranty Deed, Transfer · Line of Credit TOWN BANK
Nov 9, 2017	Warranty Deed, Transfer JOHNSON BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 22, 2023 · Amount on Record
Deed Sale	Feb 22, 2023 · Amount on Record
Prior Sale	Nov 9, 2017 · Amount on Record
Deed Document Number	20232648982
Record Updated	Sep 20, 2026

October 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RACINE WI
Property Address	1509 RAPIDS DR, RACINE, WI 53404-2383
Transaction Type	Mortgage
Record Updated	Oct 20, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4567 BUTTERFLY CREEK RD, SAN RAMON, CA 94582-5410

Mortgage

Document Number	0002663524
Date	Oct 2, 2023
Instrument	2663524

Lender

Name	CIBM BANK
Type	Bank
Address	ELM GROVE, WI 53122

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

February 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RACINE WI
Recording Date	Feb 22, 2023
Property Address	1509 RAPIDS DR, RACINE, WI 53404-2383
Document Number	0002648982
Instrument Date	Feb 13, 2023
Instrument	2648982
Transaction Type	Transfer
Record Updated	Mar 23, 2026
Title Company	KNIGHT BARRY TITLE INC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$9,300.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4567 BUTTERFLY CREEK RD, SAN RAMON, CA 94582-5410

Mortgage

Document Number	0002648983
Date	Feb 22, 2023
Instrument	2648983

Lender

Name	TOWN BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded

November 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RACINE WI
Recording Date	Nov 9, 2017
Property Address	1509 RAPIDS DR, RACINE, WI 53404-2383
Document Number	0002479453
Instrument Date	Nov 8, 2017
Instrument	2479453
Transaction Type	Transfer
Record Updated	Sep 26, 2022
Title Company	KNIGHT BARRY TITLE INC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,560.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 44127, RACINE, WI 53404-7002

Mortgage

Document Number	0002479454
Date	Nov 9, 2017
Instrument	2479454

Lender

Name	JOHNSON BANK
Type	Bank

Agreement

Amount	Amount Recorded

Mortgage

Document Number	0002479456
Date	Nov 9, 2017
Instrument	2479456

Lender

Name	RACINE COUNTY ECONOMIC DEVELOPMENT CORP

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Racine County assessment roll, as of March 23, 2026

Property Jurisdictions

Type	Name
State	Wisconsin
County	Racine County
Municipality	Racine City
Unified School District	Racine School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$33,760.00 (+17.5%)	$1,136,000 (+28.22%) Land $341,700 Building $794,300	$1,212,961 (+23.62%) Land $364,849 Building $848,112
2023	$28,733.00 (+3.11%)	$886,000 (-) Land $341,700 Building $544,300	$981,239 (-) Land $378,430 Building $602,809
2022	$27,866.00	$886,000 Land $341,700 Building $544,300	$981,239 Land $378,430 Building $602,809

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective January 16, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	RACINE WATERWORKS serves 105,100 people · EPA ID WI2520062
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	3 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 583 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Verizon.

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