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Former Bank Building For Sale
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2415 Augustine Rd, Neenah, WI

1,998 SF former bank building across from Kimberly-Clark West.

Property Size1,998 SF
Lot Size1.00 Acre
Price / SF$147.65
Days on Market478

Property Features for 2415 Augustine Rd

General Information

Standard status Active
Size 1,998 SF
Lot size 1.00 Acre
Property subtype OFFICE
Listing Agency: J Ross & Associates
Listed By: Kim Johnson · License #2391290
Source: Moodyscre
Added: Jun 16, 2025 Changed: Oct 5 Last Checked: Oct 5 at 3:46PM

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 J Ross & Associates

Investment Insights

Based on property information with market context.

This 1,998 square foot property is a former bank building. It is located across from Kimberly-Clark West and adjacent to Neenah High School. The property has access to Highway 41 and Highway 76 via County Road II.

Key Highlights

  • Across from Kimberly‑Clark West
  • Adjacent to Neenah High School
  • County Road II access to Highway 41

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,657
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,140 $453.1K
Cap Rate 7%
$323,671 $323.7K
Cap Rate 9%
$251,744 $251.7K
Market Conditions
NOI Build-Up for 1,998 SF
Gross rent
$36.0K $18.00/SF
− Vacancy
−$5.8K −$2.88/SF
EGI
$30.2K $15.12/SF
− OpEx
−$7.6K −$3.78/SF
NOI
$22.7K $11.34/SF
Area
Winnebago County, WI
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,140
Cap Rate 7%
$323,671
Cap Rate 9%
$251,744

Alternative Uses

Best Use
Office B
$323.7K
$283.2K – $377.6K (±1% cap)
NOI $22,657 @ 7.0% cap · market cap 7.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$431.2K
$377.3K – $503.1K (±1% cap)
NOI $30,187 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Restaurant Auto Parts Store Building Supply Hair Salon Garden Center Kitchen & Bath Showroom

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

1,185
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 1,998 SF former bank building across from Kimberly-Clark West.
Where is this office building located?
The property is located at 2415 Augustine Rd Neenah, WI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Across from Kimberly‑Clark West; Adjacent to Neenah High School; County Road II access to Highway 41
(920) 731-0362 Call to check price and availability
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