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0 Casaloma Dr @ Converters Dr Appleton, WI 54914

OFF-MARKET Land Google Maps
2.54 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 2.54-acre commercial land parcel is ideally situated at the corner of Casaloma Drive and Converters Drive in Appleton, Wisconsin, zip code 54914. Located in the rapidly developing Grand Chute area, just west of US 41, this property boasts unparalleled visibility and accessibility. The lot is part of a larger parcel, with up to 4.54 acres potentially available. This prime corner location benefits from recent urbanization improvements, including new sidewalks, streetlights, and readily available utilities. Its strategic placement on a new roundabout ensures high traffic counts, as all vehicles traveling towards Highway 15 or US 41 must pass by. The property enjoys a highly desirable adjacency to thriving businesses, including a busy Kwik Trip convenience store, Agropur, and the expansive Bergstrom Auto Mall, featuring 17 different car dealerships. Furthermore, a new 156-unit multifamily development is slated to begin construction nearby, adding to the already significant residential population within walking distance. Over 120 additional multifamily units are located within easy walking distance to the north. This presents a unique opportunity for developers and investors seeking a high-traffic, well-located commercial site in a rapidly growing area. The property's excellent traffic counts and accessibility make it an ideal location for a variety of commercial ventures.

Property profile

Verified
Property type Land
Lot 2.54 ac (110,642 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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