Storage Warehouse
For Sale
$259,900
7577 BLACKTOP Way, Neenah, WI 54956
Commercial Sale, NEENAH, WI
Property Size2,560 SF
Lot Size9.30 Acres
Price / SF$101.52
Days on Market137
Property Features for 7577 BLACKTOP Way
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
Commercial
Elementary school district
Neenah
Middle school district
Neenah
High school district
Neenah
Directions
Hwy 41 to Winchester Rd (County II) west. Left on County CB. Right on Larsen Rd. Left on Blacktop Way to property
Standard status
Active
APN
089506
Lot size
9.30 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
379
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2026
Building materials
Aluminum Siding
Listing Agency:
Score Realty Group, LLC
Listed By:
Andrew D. Boehm
(920) 731-4100
Added: Jun 3
Changed: Oct 15
Last Checked: Oct 17 at 7:06AM
MLS# 50326665
Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This commercial storage condo is under construction, with completion planned for 2026. The unit measures 40 by 64 feet and is designed for small-business use, hobbies, or storage. Standard interior features include insulation, steel lining, OSB walls, a half bath, slop sink, concrete flooring, floor drain, and hose faucets. Electrical service is 200 amps, and access is through a 14-foot overhead door with an operator. Buyers may choose from offered finish upgrades.
The property is zoned Commercial and will have public water and public sewer. Each unit is individually owned within the development.
The property is zoned Commercial and will have public water and public sewer. Each unit is individually owned within the development.
Key Highlights
- 40‑by‑64‑foot storage condo
- 200‑amp electrical service
- 14‑foot overhead door with operator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,389
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,780
$307.8K
Cap Rate 7%
$219,843
$219.8K
Cap Rate 9%
$170,989
$171.0K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$20.0K $7.80/SF
− Vacancy
−$1.9K −$0.73/SF
EGI
$18.1K $7.07/SF
− OpEx
−$2.7K −$1.06/SF
NOI
$15.4K $6.01/SF
Area
Winnebago County, WI
Vacancy
9.33%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,780
Cap Rate 7%
$219,843
Cap Rate 9%
$170,989
Alternative Uses
Best Use
Warehouse
$219.8K
$192.4K – $256.5K
NOI $15,389 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$552.5K
$483.5K – $644.6K
NOI $38,678 @ 7.0% cap · market cap 14.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Your Space Storage — 7276 Commerce Plaza Dr, Neenah, WI 54956
- Affordable Storage Neenah — 2815 Fox Valley Dr, Neenah, WI 54956
Frequently Asked Questions
What type of property is this?
Warehouse - The planned unit supports small-business operations, personal projects, or storage with a private restroom and utility sink.
Where is this warehouse located?
The property is located at 7577 BLACKTOP Way Neenah, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 40‑by‑64‑foot storage condo; 200‑amp electrical service; 14‑foot overhead door with operator
