Retail Space Near Fox
4731-4737 W Michaels Dr Appleton, WI
For Sale
Contact for pricing
Retail space in high-traffic Appleton location near Fox River.
Property Size6,000 SF
Lot Size1.23 Acres
Price / SF$250
Days on Market247
Property Features for 4731-4737 W Michaels Dr
General Information
Standard status
Active
Size
6,000 SF
Lot size
1.23 Acres
Property subtype
RETAIL
Properties For Sale
at 4731-4737 W Michaels Dr Contact us
Listing Agency:
NAI Pfefferle
(920) 560-5061
Listed By:
Adam Figurin · License #87252
(815) 262-2994
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Jul 10
Last Checked: Jul 23 at 1:42PM
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 NAI Pfefferle
Investment Insights
Based on property information with market context.
This building is located on the west side of Appleton, near the Fox River Mall in the Town of Grand Chute. The property benefits from high traffic counts and favorable demographics. It offers convenient access to Interstate 41, Wisconsin Avenue, and Highway 15. Pylon and building signage options are available. The location sees over 16,000 vehicles per day. National retailers in the vicinity include Barnes & Noble, Old Navy, Hobby Lobby, Petco, Domino’s Pizza, Walmart, TGI Friday’s, Total Wine, TJ Maxx, Home Goods, Ross, Chili’s, and P.F. Chang’s. The available retail space is 6,000 square feet.
Key Highlights
- High‑traffic location on W. College Avenue with over 16,000 vehicles per day (VPD).
- Convenient access to Interstate 41, Wisconsin Avenue, and Highway 15.
- Located near the Fox River Mall in the Town of Grand Chute.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.8k | $18.96 |
| − Vacancy | −$3.0k | −$0.49 |
| EGI | $110.8k | $18.47 |
| − OpEx | −$33.2k | −$5.54 |
| NOI | $77.6k | $12.93 |
6,000 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.11M
$969.5K – $1.29M
NOI $77,562 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,800 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Shopping mall - Retail space in high-traffic Appleton location near Fox River.
Where is this shopping mall located?
The property is located at 4731-4737 W Michaels Dr Appleton, WI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High‑traffic location on W. College Avenue with over 16,000 vehicles per day (VPD).; Convenient access to Interstate 41, Wisconsin Avenue, and Highway 15.; Located near the Fox River Mall in the Town of Grand Chute.
