Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Neenah, WI Title is generated by Realmo AI

    1535 FREEDOM MEADOWS Drive, Neenah, WI 54956

    View on Map
    Claim this Listing
    New
    For Sale
    $79,000

    LAND - NEENAH, WI

    Lot size:
    0.37 Acres
    Added:
    May 7, 2026
    Days on Market:
    4
    Last Refresh:
    May 10 at 12:06 pm

    Property Features for 1535 FREEDOM MEADOWS Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    811-4001-43-00
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1135

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Mary K. Petersen

    Listing agent Mary K. Petersen

    Listing office Keller Williams Fox Cities 517 N Westhill Blvd, Appleton, WI

    Listing date May 7, 2026

    MLS# 50325007 Listing URL

    Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Ready‑to‑build .39‑acre level lot.
    • Desirable rural‑style subdivision in the City of Neenah.
    • Conveniently located minutes from shopping, dining, schools, and major highways.
    • Public water and sewer available.
    • Quiet neighborhood with a country feel.
    • Surrounded by well‑maintained homes in an established area.

    Overview

    This 0.37-acre level lot is located in a sought-after rural-style subdivision in the City of Neenah. This ready-to-build parcel features flat, usable land suitable for various home designs. The property is situated in a quiet neighborhood setting with a country feel, while remaining close to shopping, dining, schools, and major highways. Surrounded by well-maintained homes, this lot offers an opportunity for builders or homeowners to create a residence in a desirable and established area. The property is located at 1535 FREEDOM MEADOWS Drive, NEENAH, WI 54956.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Neenah
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.526137
    Latitude
    44.146659

    Nearby Similar for Sale

    • $799,000
      7,200 SF

      Neenah Self-Storage Facility For Sale

      Well-located self-storage facility with expansion potential in Neenah, WI.
      2285 NORTHERN ROAD, Neenah, WI 54956
      View Details
    • $799,000

      Prime Commercial Land I-41 Access

      3.21-acre commercial site with I-41 access in Neenah, WI.
      2285 NORTHERN ROAD, Neenah, WI 54956
      View Details
    • $379,900

      Vacant Land For Commercial Development

      Multi-parcel vacant land ideal for commercial development in Neenah, WI.
      1290 W WINNECONNE Avenue, NEENAH, WI 54956
      View Details
    • $269,900
      1,562 SF

      Neenah Duplex: Income Potential

      Well-kept Neenah duplex with convenient location and income potential.
      831 S COMMERCIAL Street, NEENAH, WI 54956
      View Details
    • $668,000
      3,274 SF

      New Construction Duplex Opportunity

      New construction duplex, perfect for owner-occupancy or investment portfolio.
      2690 PRINCETON Drive, NEENAH, WI 54956-2888
      View Details
    • $460,000
      4,118 SF

      Downtown Neenah Office Space Available

      Office building in downtown Neenah with parking and signage.
      411 S Commercial St, Neenah, WI
      View Details
    • $139,900
      1,374 SF

      Neenah Duplex Near Downtown

      Duplex near downtown Neenah, ideal for investors or owner-occupants.
      502 ADAMS Street, NEENAH, WI 54956
      View Details
    • $3,600,000
      43,648 SF

      Neenah Mini Storage Investment

      High-occupancy mini storage facility in a growing metropolitan area.
      215 County Road CB, Neenah, WI 54956
      View Details
    • $189,000

      Residential Land in Neenah, WI

      Residential land for future development in quiet Neenah location.
      GREENFIELD Street, NEENAH, WI 54956
      View Details
    • $900,000
      10,459 SF

      Office Building with Ample Parking

      Office building suitable for investment or owner occupancy in Neenah.
      1303 American Dr, Neenah, WI
      View Details
    • $615,000

      7.26 Acres Commercial Land, Neenah

      7.26-acre commercial land plot zoned for B-2 community business.
      STATE ROAD 76, NEENAH, WI 54956
      View Details
    • $3,990,000

      114 Acres in Neenah School

      114-acre parcel in Neenah School District with utilities available.
      COUNTY RD II, NEENAH, WI 54956-0000
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.37-acre residential lot in a sought-after Neenah subdivision.
    Where is this residential land & home lot located?
    The property is located at 1535 FREEDOM MEADOWS Drive Neenah, WI.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: Ready‑to‑build .39‑acre level lot.; Desirable rural‑style subdivision in the City of Neenah.; Conveniently located minutes from shopping, dining, schools, and major highways.
    (608) 320-9653
    We can help!
    Listing Contact
    Mary K. Petersen
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1535 FREEDOM MEADOWS Drive, NEENAH, WI 54956
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!