Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    STH 29 unit 2 Green Bay, WI 54311

    View on Map
    For Sale
    $169,900

    LAND - GREEN BAY, WI

    Lot size:
    2.15 Acres
    Added:
    Jul 24, 2024
    Days on Market:
    617
    Last Refresh:
    Apr 1 at 3:06 am

    Property Features for STH 29 unit 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    B-197-25
    Lot size
    2.15 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    2368

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Greg L Dallaire
    Greg L Dallaire

    Listing agent Greg L Dallaire License #90-54993

    Listing office Dallaire Realty 1830 W Mason St, Suite 10, Green Bay, WI

    Listing date Jul 24, 2024

    MLS# 50295117

    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.

    Overview

    Commercial Corner Lot Green Bay

    This 2.15-acre commercial land parcel is located in Green Bay, WI, and is zoned for commercial use. The property is a corner lot, offering high visibility and significant traffic exposure from both adjacent streets. The lot is level and includes a sidewalk on its east side. This property is suitable for businesses seeking a prominent location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Green Bay
    County
    Brown
    State
    Wisconsin
    Longitude
    -87.9185271
    Latitude
    44.4446289

    Nearby Similar for Sale

    • $474,900
      2,771 SF

      New Ranch-Style Duplex in Green Bay

      Modern 2024 duplex with expansion potential, ideal for investment.
      2323 DECKNER Avenue, GREEN BAY, WI 54302
      View Details
    • $499,900
      2,598 SF

      Well-Maintained Duplex in Green Bay

      Spacious duplex with strong rental history and desirable layouts.
      1528 VAN Road, GREEN BAY, WI 54311
      View Details
    • $429,900
      3,196 SF

      Established Bar in Green Bay

      Well-maintained bar with outdoor area on high-traffic street.
      1803 Main St, Green Bay, WI 54302
      View Details
    • $385,000
      1,698 SF

      Turn-Key Duplex in Green Bay

      Side-by-side duplex with income potential in Green Bay, WI.
      2220 DEER Trail, GREEN BAY, WI 54302
      View Details
    • $1,500,000
      1,311 SF

      Green Bay Gas Station Opportunity

      Turn-key gas station with convenience store in high-traffic Green Bay.
      2115 Main St, Green Bay, WI 54302
      View Details
    • $329,900
      2,262 SF

      Green Bay Duplex Investment Opportunity

      Side-by-side duplex in Howard location, great investment opportunity.
      961 ALTA Street, GREEN BAY, WI 54313-7053
      View Details
    • $410,000
      2,300 SF

      Well-Maintained Duplex with Rental History

      Green Bay duplex featuring 2-bedroom units and attached garages.
      2966 MANITOWOC Road, GREEN BAY, WI 54301
      View Details
    • $498,000
      3,780 SF

      Updated Green Bay Fourplex Investment

      Updated fourplex in downtown Green Bay, leased and generating income.
      325 S JEFFERSON Street, GREEN BAY, WI 54301-4522
      View Details
    • $199,900

      Green Bay Commercial Building Opportunity

      Commercial building on .27-acre lot, ready for customization.
      818 South Broadway, Green Bay, WI 54304
      View Details
    • $350,000

      Vacant Land with Bay Views

      3.73 acres of vacant land with bay views.
      3276 NICOLET Drive, GREEN BAY, WI 54311
      View Details
    • $359,900
      2,645 SF

      Well-Maintained Duplex in Green Bay

      Duplex with updates, ideal for investors or owner-occupants.
      1376 KELLOGG Street, GREEN BAY, WI 54303
      View Details
    • $449,000
      2,512 SF

      Spacious Duplex Near Lambeau Field

      Turn-key duplex near Lambeau Field, generating $3300/month net rent.
      2138 PATTY Lane, GREEN BAY, WI 54304-4231
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.15-acre commercial lot with high visibility.
    Where is this commercial land located?
    The property is located at STH 29 unit 2 Green Bay, WI.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: 2.15ac corner commercial lot; high visibility & significant traffic on both adjacent streets; level lot with sidewalk on east side of parcel
    (920) 569-3526
    We can help!
    Listing Contact
    Greg L Dallaire
    Greg L Dallaire
    Real Estate License ID: 90-54993
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!