Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Parcel 2 Shawano St New London, WI 54961
    Back to Search
    Property profile & analytics

    Parcel 2 Shawano St, New London, WI 54961

    View on Map
    • Land
    • 0.61 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Parcel 2 Shawano St

    Lot size
    0.61 lot acres
    Property type
    Land

    Description

    This exceptional offering presents three commercial land parcels totaling between 0.61 and 0.77 acres, ideally situated on the north side of New London, Wisconsin. The property, encompassing APNs 33-01-13-14 and 33-01-13-8, is zoned M1, making it suitable for a variety of commercial uses including retail, office, or medical facilities. Its strategic location on N. Shawano St. provides excellent visibility and accessibility. The site benefits from its proximity to major retailers such as Wal-Mart, Piggly Wiggly, and Tractor Supply, ensuring high traffic and customer visibility. Furthermore, its convenient access to Highways 45 and 54 offers easy commuting for employees and customers alike. This presents a unique opportunity for developers seeking a well-located site in a thriving community. The parcels are ready for development, offering a chance to build a successful commercial venture in a high-demand area of Outagamie County, Wisconsin, with the zip code 54961. The latitude and longitude coordinates are 44.4042778, -88.7425407.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.7425
    Latitude
    44.4043

    Comparable in this City

    • Value Estimation by Request
      0.65 Acres

      Parcel 1 Partridge Dr

      Land
      Parcel 1 Partridge Dr, New London, WI 54961
      View Details
    • Value Estimation by Request
      3.73 Acres

      Wi-54

      Self storage facilities
      0 Wi-54, New London, WI 54961
      View Details
    • Value Estimation by Request
      40.70 Acres

      New London, WI 54961

      VACANT COMMERCIAL LAND
      New London, WI 54961
      View Details
    • Value Estimation by Request
      0.14 Acres

      New London, WI 54961

      VACANT COMMERCIAL LAND
      New London, WI 54961
      View Details
    • Value Estimation by Request
      0.07 Acres

      New London, WI 54961

      VACANT COMMERCIAL LAND
      New London, WI 54961
      View Details
    • Value Estimation by Request
      1.35 Acres

      New London, WI 54961

      VACANT COMMERCIAL LAND
      New London, WI 54961
      View Details

    Similar Nearby for Sale

    • $699,000

      Prime New London Restaurant Sale

      Established Restaurant, Turnkey Operation
      520 Pearl St, New London, WI 54961-1473
      View Details
    • $350,000
      2 SF

      New London Commercial Land Available

      Two-acre commercial land parcel in New London, Wisconsin.
      1910 North Shawano St, New London, WI 54961
      View Details
    • Contact for pricing

      Turnkey Restaurant Opportunity For Sale

      Well-maintained restaurant with equipment, client list, and liquor license.
      520 S Pearl St, New London, WI 54961
      View Details
    • $699,900

      Dairy Farm with Purchase Option

      Dairy farm on 24.16 acres with option to purchase.
      N7471 Buboltz Rd, New London, WI 54961
      View Details
    • Contact for pricing
      2,407 SF

      Well-Maintained Commercial Building For Sale

      One-story commercial building with full basement suitable for various businesses.
      712 S Pearl St, New London, WI 54961
      View Details
    • Contact for pricing

      Modern Commercial Unit in New London

      High-visibility commercial unit suitable for various business types.
      3-1186 N Shawano St, New London, WI 54961
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,057 SF

      Prime Retail Space Available

      Retail spaces for lease in downtown New London, WI.
      300-308 Wolf River Plz, New London, WI 54961
      View Details
    • Contact for pricing
      2,000 SF

      Prime Retail Space Available

      Retail spaces for lease in downtown New London, Wisconsin.
      300-318 Wolf Riv Pl, New London, WI 54961
      View Details
    • Contact for pricing

      Retail Space in Wolf River Plaza

      Retail space in a lively, thriving New London community.
      406 Wolf River Plz, New London, WI 54961
      View Details
    • Contact for pricing

      Former Grocery Store in New London

      18,040 SF commercial space with expansion potential in New London.
      1921 N Shawano St, New London, WI 54961
      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.
    Parcel 2 Shawano St
    New London, WI 54961
    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
    Parcel 2 Shawano St, New London, WI, 54961
    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!