Sign Up Successful!
You now have access to more from Realmo!
    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

    1856 Nimitz Dr De Pere, WI 54115

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land available near Highway 41 in Lawrence, Wisconsin.

    Lot size:
    2.67 Acres

    Property Features for 1856 Nimitz Dr

    General Information

    Standard status
    Active
    Lot size
    2.67 Acres

    We can help!

    Listing Contact
    Ben Bartolazzi
    Source: Exprealty

    Listing Agency: Ben Bartolazzi Real Estate, Inc Listing Agent: Ben Bartolazzi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Commercial Land Near Highway 41

    This commercial land is located near Highway 41. The landlord is willing to build to suit. There is space available for the addition of loading docks and garage doors.
    Location Intelligence

    Current Use by Public Records

    Sports Emporium Soccer Field The Upper 90 Sporting Goods Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    De Pere
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.1224563
    Latitude
    44.4281566

    Nearby Similar for Sale

    • $1,700,000

      Established Supper Club and Banquet

      Thriving supper club and banquet facility with highway exposure.
      3177 French Rd, De Pere, WI 54115
      View Details
    • Contact for pricing
      36,150 SF

      Industrial Property Near Highway 41

      Industrial property with build-to-suit options near Highway 41.
      1856 Nimitz Dr, De Pere, WI 54115
      View Details
    • $275,000
      Pending

      Charming Duplex in West De Pere

      Desirable West De Pere duplex, great for owner-occupancy or rental income.
      806 4Th St, De Pere, WI 54115
      View Details
    • $289,900
      1,726 SF

      De Pere Duplex Opportunity

      Upper/lower duplex in prime De Pere location on corner lot.
      801 S Erie St, De Pere, WI 54115
      View Details
    • $4,150,000
      39,677 SF

      Multi-Tenant Office/Warehouse Investment Opportunity

      Class-A property with stable income stream near I-41 & I-43.
      3400 Packerland Dr, De Pere, WI 54115
      View Details
    • $349,900
      1,482 SF

      Ledgeview Condo with Landscaped Backyard

      Low-maintenance Ledgeview condo featuring open layout and private landscaped backyard.
      1658 Remington Ridge Way, De Pere, WI 54115
      View Details
    • Contact for pricing

      Renovated Retail/Office Space Available

      Renovated building near Fox River Trail, ideal for retail/office.
      1109 Honey Ct, De Pere, WI 54115
      View Details
    • Contact for pricing

      De Pere Class A Office

      5,000 sq ft Class A office space in De Pere.
      325 Reid St, De Pere, WI 54115
      View Details
    • $347,900

      Move-In Ready Condo with Bonus

      Two-bedroom, two-bath condo with bonus room and expansion potential.
      1126 Princess Dove Cir, De Pere, WI 54115
      View Details
    • Contact for pricing
      Pending

      De Pere Office Space Available

      Professional office spaces for lease in De Pere, Wisconsin.
      1201 Enterprise Dr, De Pere, WI 54115
      View Details
    • $1,199,000
      7,300 SF

      Class A Office Building, De Pere, WI

      7,300 SF Office, High Visibility
      1325 Broadway St, De Pere, WI 54115
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available near Highway 41 in Lawrence, Wisconsin.
    Where is this commercial land located?
    The property is located at 1856 Nimitz Dr De Pere, WI.
    What are key features of this property?
    This property features: - Landlord willing to build to suite.; - Amazing location near Highway 41.; - Space for loading docks to be added.
    (920) 770-4015
    Request Owner's contact information
    1856 Nimitz Dr De Pere, WI 54115
    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.
    1856 Nimitz Dr
    De Pere, WI 54115
    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
    1856 Nimitz Dr De Pere, WI 54115
    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

    We can help!
    Listing Contact
    Ben Bartolazzi
    (920) 770-4015
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.