31-Room Motel Near
For Sale
$1,999,000
1515 Planeview Dr, Oshkosh, WI 54904
Lodging property with varied room configurations, updated equipment, and central air service.
Property Size15,039 SF
Price / SF$132.92
Days on Market176
Property Features for 1515 Planeview Dr
General Information
Standard status
Active
Size
15,039 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2011
Listing Agency:
First Weber Oshkosh
Listed By:
Steve H Hoopman · License #9121716
(920) 216-1083
Source:
Moving2greenbay
Added: Apr 24
Changed: Oct 15
Last Checked: Oct 7 at 3:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Weber Oshkosh
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Investment Insights
Based on property information with market context.
This 2011 motel contains 31 guest rooms, including 29 single rooms and 2 suites, within a 15,039-square-foot property. Guest accommodations are supported by central air with gas service, along with new P-Tech units, refrigerator units, and additional updates. Commercial laundry equipment includes a washer and dryer.
The motel occupies the intersection of WI-26 and I-41 in Oshkosh, with the property identified at 1515 Planeview Drive. It is positioned across from EAA and X-Roads, providing a clearly defined setting for an operating hospitality property. The site carries the SMU-PD designation.
The motel occupies the intersection of WI-26 and I-41 in Oshkosh, with the property identified at 1515 Planeview Drive. It is positioned across from EAA and X-Roads, providing a clearly defined setting for an operating hospitality property. The site carries the SMU-PD designation.
Key Highlights
- 31‑room motel with 29 single rooms and 2 suites
- 15,039‑square‑foot property constructed in 2011
- Located at the intersection of WI‑26 and I‑41
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,759
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,875,180
$1.9M
Cap Rate 7%
$1,339,414
$1.3M
Cap Rate 9%
$1,041,767
$1.0M
Market Conditions
NOI Build-Up for 15,039 SF
Gross rent
$225.6K $15.00/SF
− Vacancy
−$28.2K −$1.88/SF
EGI
$197.4K $13.13/SF
− OpEx
−$103.6K −$6.89/SF
NOI
$93.8K $6.23/SF
Area
Winnebago County, WI
Vacancy
12.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,875,180
Cap Rate 7%
$1,339,414
Cap Rate 9%
$1,041,767
Alternative Uses
Best Use
Hotel Hospitality
$1.34M
$1.17M – $1.56M
NOI $93,759 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.25M
$2.84M – $3.79M
NOI $227,216 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54904, WI
21,828
Population
10,029
Households
2.2
Avg Household Size
44
Median Age
42%
College-Educated
96%
High-School Grad
77.9 sq mi
ZIP Area
280
Density / Sq Mi
$95,813
Median Household Income
$51,645
Median Earnings
$915
Median Rent
$258,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- AmericInn by Wyndham Oshkosh — 1515 planeview dr, oshkosh, wi 54914
- AmericInn by Wyndham Oshkosh — 1515 Planeview Dr, Oshkosh, WI 54904
Frequently Asked Questions
What type of property is this?
Motel - Lodging property with varied room configurations, updated equipment, and central air service.
Where is this motel located?
The property is located at 1515 Planeview Dr Oshkosh, WI.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 31‑room motel with 29 single rooms and 2 suites; 15,039‑square‑foot property constructed in 2011; Located at the intersection of WI‑26 and I‑41
