Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    W7003 Parkview Dr Greenville, WI 54942-9079
    Property profile & analytics

    W7003 Parkview Dr, Greenville, WI 54942-9079

    View on Map
    • Specialty properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mosaic Salon & Tanning / Hair Salon / Nail Salon
    • Edward Jones - Financial Advisor: Bradley D Borgen, CFP® / Financial Advisor
    • Edward Jones - Financial Advisor: Scott Horman, AAMS™ / Financial Advisor

    Property Details for W7003 Parkview Dr

    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 1350 square foot commercial property, located at W7003 Parkview Drive, Unit 9, Greenville, WI 54942-9079, is offered at $217,900. The property is classified as special purpose land and is ideal for a variety of uses. A complete build-out is already finished, making it a truly "move-in" ready space. The existing cabinetry is included, making it particularly suitable for office spaces, including chiropractic, medical, or dental practices. Massage therapy or beauty businesses would also find this space well-suited to their needs. Retail businesses are another viable option. The property's versatility allows for a wide range of entrepreneurial endeavors. The seller is also offering the opportunity to purchase all three units (Units 9, 10, and 11) as a package for a total price of $699,900. This presents a unique investment opportunity for those seeking a larger footprint or a multi-unit portfolio. The property is situated in Outagamie County, Wisconsin, offering convenient access to local amenities and transportation networks. This is a prime opportunity to establish or expand your business in a well-appointed and ready-to-occupy space. Contact to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.5372
    Latitude
    44.2954

    Comparable in this City

    • Value Estimation by Request

      W7003 Parkview Dr

      Land
      W7003 Parkview Dr, Greenville, WI 54942-9079
      View Details
    • Value Estimation by Request

      W7003 Parkview Dr

      Land
      W7003 Parkview Dr, Greenville, WI 54942-9079
      View Details
    • Value Estimation by Request
      24.30 Acres

      Schroth Ln

      Land
      0 Schroth Ln, Greenville, WI 54942
      View Details
    • Value Estimation by Request
      22.30 Acres

      Greenville Dr

      Land
      0 Greenville Dr, Greenville, WI 54942
      View Details
    • Value Estimation by Request
      10.92 Acres

      15 And County Rd

      Land
      15 And County Rd, Greenville, WI 54942
      View Details
    • Value Estimation by Request
      1.00 Acre

      15 & Lily Of The Vly Dr

      Land
      15 & Lily Of The Vly Dr, Greenville, WI 54942
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Greenville Land Development Opportunity

      11.3 acres with approved plans for three buildings.
      Neubert Rd, Greenville, WI 54942
      View Details
    • Contact for pricing

      20 Acres Development Land

      20 acres of development land available for sale.
      Everglade Rd & Municipal Dr, Greenville, WI 54942
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      15 & Lily Of The Vly Dr, Greenville, WI 54942
      View Details
    • $449,900
      2,808 SF

      Greenville Commercial Package Deal

      Two Units, Move-In Ready, High Visibility
      W7003 Parkview Dr, Greenville, WI 54942
      View Details
    • Contact for pricing

      Greenville Commercial Land Available

      Commercial land with municipal utilities and highway access.
      Julius Dr & Hwy 15, Greenville, WI 54942
      View Details
    • Contact for pricing

      Industrial Land in Outagamie County

      Vacant industrial land with development opportunity near Interstate 41.
      N Mayflower Dr, Greenville, WI 54942
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    W7003 Parkview Dr
    Greenville, WI 54942-9079
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    W7003 Parkview Dr, Greenville, WI, 54942
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!