Building Details

Year Built 2002

Listing Agency: Rooted Realty

Listed By: Hayley M. Youngs · License #94-82035 Show Phone

Source: Moving2greenbay

Added: May 20 Changed: Oct 2 Last Checked: Oct 7 at 2:48PM

Report an Issue

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 Rooted Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This for-sale car wash property sits on a great corner lot and is being marketed with multiple development and repositioning paths. The seller is willing to get the car wash working again as a one-bay car wash with a 3-bay self-serve setup, or consider alternative approaches including building to suit or flattening the lot, depending on the buyer’s plans.

The property is located in the heart of downtown Neenah, WI, positioning it for continued car wash use or redevelopment. Serious buyers and brokers should review the seller’s stated flexibility when evaluating design, scope, and timelines for the site.

Whether you are looking to restore the existing concept or reimagine the corner lot under a new layout, this asset offers straightforward, project-ready choices based on the seller’s described options.

Key Highlights

• 0.72‑acre corner lot in downtown Neenah with a for‑sale car wash property
• Year built: 2002
• Seller is willing to restore the car wash to a one‑bay configuration and 3‑bay self‑serve setup

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$18,792

Cap Rate

7.52%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$375,840 $375.8K

Cap Rate 7%

$268,457 $268.5K

Cap Rate 9%

$208,800 $208.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,796 SF

Gross rent

$29.6K $7.80/SF

− Vacancy

−$2.8K −$0.73/SF

EGI

$26.8K $7.07/SF

− OpEx

−$8.1K −$2.12/SF

NOI

$18.8K $4.95/SF

Area

Winnebago County, WI

Vacancy

9.33%

Lease Rate

$7.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$375,840

Cap Rate 7%

$268,457

Cap Rate 9%

$208,800

Alternative Uses

Best Use

Specialty Retail

$731.0K

$639.7K – $852.9K (±1% cap)

NOI $51,172 @ 7.0% cap · market cap 20.48%

Second Best

Retail

$521.0K

$455.9K – $607.8K (±1% cap)

NOI $36,470 @ 7.0% cap · market cap 14.59%

Theoretical Best

Office A

$819.3K

$716.9K – $955.9K (±1% cap)

NOI $57,352 @ 7.0% cap · market cap 22.95%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Self service car ...

Suggested Use

Top Pick HVAC Service Real Estate Agency Electrical Service Bakery (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,152

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 100%

Brazee Ace Hardware Home Improvements & Furnishings

2,692 visits/mo 0.1 miles

Demographics for 54956, WI

46,316

Population

20,104

Households

2.3

Avg Household Size

40

Median Age

38%

College-Educated

96%

High-School Grad

61.7 sq mi

ZIP Area

751

Density / Sq Mi

$81,386

Median Household Income

$49,445

Median Earnings

$1,005

Median Rent

$238,200

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar For Sale Nearby

See more

Highway 76 Development Opportunity

7577 Blacktop Way Unit 29, Neenah, WI 54956

$259,900

2,560 SF

View details

Side-by-Side Duplex

1587 DELTA Drive, Neenah, WI 54956

$649,900

3,350 SF

View details

Apartment Building with Barn Improvements

9651 Clayton Ave, Neenah, WI 54956

$564,900

4,532 SF

View details

Duplex with Separate Utilities

608 Monroe St, Neenah, WI 54956

$324,500

2,292 SF

View details

Waterfront Ranch Duplex

604 Knight Ave, Neenah, WI 54956

$264,900

1,684 SF

View details

Side-by-Side Duplex

1217 MEADOW Lane, Neenah, WI 54956

$309,900

1,952 SF

View details

Remodeled Office Building For Sale

1416 S Commercial St, Neenah, WI 54956

$350,000

8,420 SF

View details

Self-Storage Facility with Outdoor Parking

2285 Northern Rd, Neenah, WI 54956

$699,000

7,200 SF

View details

Flex Space with Auto Service Bays

1565 Deerwood Dr, Neenah, WI 54956

$1,100,000

11,904 SF

View details

Furnished Bi-Level Office Building

630 South Green Bay Road, Neenah, WI 54956

Contact for pricing

6,664 SF

View details

Furnished 28-Unit Apartment Building

1348 W AMERICAN Drive, Neenah, WI 54952

$3,999,000

12,966 SF

View details

Neenah Office Building For Sale

1977 American Dr, Neenah, WI 54956

Contact for pricing

9,690 SF

View details

Frequently Asked Questions

What type of property is this?

Self service car wash - For-sale car wash property on a corner lot in downtown Neenah with options to restore to one bay and 3-bay self-serve.

Where is this self service car wash located?

The property is located at 203 Nicolet Boulevard Neenah, WI.

What is the asking price?

The asking price for this property is $249,900.

What are key features of this property?

This property features: 0.72‑acre corner lot in downtown Neenah with a for‑sale car wash property; Year built: 2002; Seller is willing to restore the car wash to a one‑bay configuration and 3‑bay self‑serve setup