Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land Lot in Cul-de-Sac Title is generated by Realmo AI

    131 SOUTHFIELD Court, Neenah, WI 54956

    View on Map
    Claim this Listing
    New
    For Sale
    $79,999

    LAND - NEENAH, WI

    Lot size:
    0.41 Acres
    Added:
    May 27, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 2 at 9:06 pm

    Property Features for 131 SOUTHFIELD Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    80212940400
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1340

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Dan A. Frost

    Listing agent Dan A. Frost

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

    Listing date May 27, 2026

    MLS# 50326513 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

    • .41‑acre lot in a cul‑de‑sac with a partially wooded setting (per assessor)
    • Public water available
    • Neenah school district
    • Covenants and restrictions are on file
    • Minimum 1,800+ above‑ground sq ft for ranch; minimum 2,200 sq ft for 2‑story homes
    • Seller to pay curb and gutter assessment (on file)

    Overview

    Build-ready opportunity on a partially wooded residential lot in a quiet cul-de-sac setting. The property is 0.41 acres per the assessor and is governed by covenants and restrictions on file. The existing requirements include a minimum of 1,800 above-ground square feet for ranch homes, and a minimum of 2,200 square feet for two-story designs. The seller will also be paying the curb and gutter assessment listed on file, helping reduce the upfront site-related costs for the next owner.

    Located in Neenah, this homesite is positioned in an established area of desirable residences. The property is identified as part of the Neenah school district, with convenience to nearby shopping and airport access. It is also described as close to the highway and everything the Neenah community and Fox Cities area have to offer.

    This lot is best suited for a buyer planning to construct a new ranch or two-story home that meets the posted minimum square-footage guidelines. With the covenants already in place and the curb-and-gutter assessment being handled by the seller, it offers a straightforward path for an owner-builder or developer looking for a residential infill-style parcel within a managed community setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Neenah
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.464927
    Latitude
    44.151572

    Nearby Similar for Sale

    • $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
    • $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
    • $189,000

      Residential Land in Neenah, WI

      Residential land for future development in quiet Neenah location.
      GREENFIELD Street, NEENAH, WI 54956
      View Details
    • $799,000
      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
    • $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
    • $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
    • $615,000

      7.26 Acres on HWY 76

      7.26-acre commercial land parcel zoned for community business.
      STATE ROAD 76, NEENAH, WI 54956
      View Details
    • $2,216,000
      27,700 SF

      Industrial Property with Expansion Potential

      Highly visible industrial property with ample space and expansion opportunities.
      777 Kuehn Ct, Neenah, WI
      View Details
    • $1,850,000
      18,000 SF

      Adaptable Flex Space For Sale

      Modern construction, flexible design, excellent visibility, and ample parking.
      1005 W American Dr, Neenah, WI
      View Details
    • $1,200,000

      Income-Producing Parking Facility For Sale

      5-acre lot with gated parking, high occupancy, income potential.
      187 ROCKWOOD LANE, Neenah, WI 54956
      View Details
    • $1,200,000

      Income-Producing Parking Facility For Sale

      5-acre lot with income-producing gated outdoor parking facility.
      187 Rockwood Lane, Neenah, WI 54956
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Partially wooded residential lot in a cul-de-sac, with build-size requirements and covenants on file.
    Where is this residential land & home lot located?
    The property is located at 131 SOUTHFIELD Court Neenah, WI.
    What is the asking price?
    The asking price for this property is $79,999.
    What are key features of this property?
    This property features: .41‑acre lot in a cul‑de‑sac with a partially wooded setting (per assessor); Public water available; Neenah school district
    (920) 419-2580
    We can help!
    Listing Contact
    Dan A. Frost
    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
    131 SOUTHFIELD Court, 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!