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    346 1St St Neenah, WI 54956

    For Sale
    $200,000

    Prime 0.65-acre industrial lot, ideal for redevelopment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.65-acre industrial land parcel, located at 346 1st St, Neenah, WI 54956 (APN 803-0063-00-00), presents a unique redevelopment opportunity. Currently zoned for General Industrial use, the City of Neenah is receptive to rezoning applications for commercial purposes, offering significant flexibility for future development. The property benefits from its strategic location within the Tax Increment District (TID), providing potential tax advantages. Essential utilities—electricity, water, cable, telephone, and gas—are readily available on-site. Situated conveniently north of Theda Clark Hospital in downtown Neenah, this property enjoys high visibility and accessibility within a bustling commercial area. The lot size provides ample space for a variety of development projects, making it an attractive investment for both established businesses and new ventures seeking a prime location in a thriving Wisconsin community. This is a rare opportunity to acquire a well-situated parcel in a desirable downtown location. Contact for details.

    Property Features for 346 1St St

    General Information

    Property type
    Land
    Lot Size
    28,314 SF

    HighLights

    • Excellent redevelopment opportunity.
    • City of Neenah amenable to commercial rezoning.
    • Located within a Tax Increment District (TID).
    • Utilities available: electricity, water, cable, telephone, and gas.
    • Prime downtown Neenah location, north of Theda Clark Hospital.
    • High‑traffic downtown Neenah location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Neenah
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.4549665
    Latitude
    44.1911044

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    FAQs

    What type of property is this?
    Land - Prime 0.65-acre industrial lot, ideal for redevelopment.
    Where is this land located?
    The property is located at 346 1St St Neenah, WI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Excellent redevelopment opportunity.; City of Neenah amenable to commercial rezoning.; Located within a Tax Increment District (TID).
    Request Owner's contact information
    346 1St St Neenah, WI 54956
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    Neenah, WI 54956
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    346 1St St Neenah, WI 54956
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