Retail Building on
New
For Sale
$799,000
2512 Steffens Court, Green Bay, WI 54311
A substantial retail property occupies a 1.44-acre parcel in Green Bay.
Property Size5,250 SF
Lot Size1.44 Acres
Price / SF$152.19
Days on Market1
Property Features for 2512 Steffens Court
General Information
Standard status
Active
Size
5,250 SF
Lot size
1.44 Acres
Property subtype
Retail
Additional Details
Asking Price
$799,000
Building Details
Building Size
5,250 SF
Buildings
1
Listed By:
Fred Stallé
(414) 390-1415
Source:
Midamericagrp
Added: Oct 16
Last Checked: Oct 16 at 2:30PM
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 Fred Stallé
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Investment Insights
Based on property information with market context.
The retail property includes a 5,250-square-foot building on 1.44 acres. Its scale and parcel size define the offering for retail use.
The property is located at 2512 Steffens Court in Green Bay, Wisconsin.
The property is located at 2512 Steffens Court in Green Bay, Wisconsin.
Key Highlights
- 5,250 SF building
- 1.44‑acre parcel
- Located at 2512 Steffens Court in Green Bay, WI
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,036
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,160,720
$1.2M
Cap Rate 7%
$829,086
$829.1K
Cap Rate 9%
$644,844
$644.8K
Market Conditions
NOI Build-Up for 5,250 SF
Gross rent
$88.2K $16.80/SF
− Vacancy
−$5.3K −$1.01/SF
EGI
$82.9K $15.79/SF
− OpEx
−$24.9K −$4.74/SF
NOI
$58.0K $11.05/SF
Area
Green Bay, WI
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,160,720
Cap Rate 7%
$829,086
Cap Rate 9%
$644,844
Alternative Uses
Best Use
Retail
$829.1K
$725.5K – $967.3K
NOI $58,036 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,680 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
214k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 38%
Apparel 25%
Groceries 23%
Shops & Services 9%
Menards
Home Improvements & Furnishings
53,264 visits/mo
0.2 miles
Fleet Farm
Apparel
53,176 visits/mo
0.3 miles
Skogen's Festival Foods
Groceries
48,960 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
28,310 visits/mo
0.5 miles
Shell
Shops & Services
8,448 visits/mo
0.1 miles
Demographics for 54311, WI
37,532
Population
15,047
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
68.2 sq mi
ZIP Area
550
Density / Sq Mi
$83,178
Median Household Income
$43,191
Median Earnings
$1,063
Median Rent
$272,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A substantial retail property occupies a 1.44-acre parcel in Green Bay.
Where is this retail space located?
The property is located at 2512 Steffens Court Green Bay, WI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 5,250 SF building; 1.44‑acre parcel; Located at 2512 Steffens Court in Green Bay, WI
