Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    201 Military Ave Green Bay, WI 54303
    Back to Search
    Property profile & analytics

    201 Military Ave Green Bay, WI 54303

    View on Map
    • Retail properties & Spaces
    • 13,705 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • BMO Bank N.A Branches / Bank / Loan Service
    • COMSA, A Resource Center Serving Immigrants and Refugees / Association / Organization
    • M&i Financial Advisors / Financial Advisor
    • BMO Harris Bank - Mortgage Banker (Lori J Suda) / Loan Service / Bank
    • BMO Harris Bank ATM / Atm

    Property Details for 201 Military Ave

    Property size
    13,705 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This exceptional three-story commercial property at 201 S Military Avenue in Green Bay, Wisconsin, offers a unique opportunity for businesses seeking executive office space. Located in Brown County, this 13,705 square foot building features a mix of retail and office space, currently offering three available suites ranging from 1,414 to 1,609 square feet. The property boasts ample surface parking, a significant advantage for employees and clients. The building's multi-tenant configuration provides a diverse and vibrant business environment. The available spaces are ideal for businesses seeking a professional and convenient location in a thriving area of Green Bay. With its strategic location and substantial parking, this property offers excellent visibility and accessibility. The building's three stories provide a variety of layout options to suit different business needs. Currently, 4,563 square feet of space is available for lease, presenting a chance to establish or expand your business in a prime Green Bay location. The property's classification as both retail and office space allows for flexibility in tenant selection and potential business synergy. The zip code is 54303. Contact us today to learn more about leasing opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Green Bay
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.0598
    Latitude
    44.5281

    Comparable in this City

    • Value Estimation by Request

      419 Donald Driver Way

      Retail properties & Spaces
      419 Donald Driver Way, Green Bay, WI 54303
      View Details
    • Value Estimation by Request
      100,179 SF

      2250 Mason St

      Retail properties & Spaces • 100,179 SF
      2250 Mason St, Green Bay, WI 54303
      View Details
    • Value Estimation by Request
      605 SF

      600 Military Ave

      Restaurants • 605 SF
      600 Military Ave, Green Bay, WI 54303
      View Details
    • Value Estimation by Request
      22,900 SF

      1600 Shawano Ave

      Office properties & Spaces • 22,900 SF
      1600 Shawano Ave, Green Bay, WI 54303
      View Details
    • Value Estimation by Request
      5,780 SF

      1077 Mason St

      MEDICAL BUILDING • 5,780 SF
      1077 Mason St, Green Bay, WI 54303-1858
      View Details
    • Value Estimation by Request
      1,815 SF

      700 Mcdonald St

      OFFICE BUILDING • 1,815 SF
      700 Mcdonald St, Green Bay, WI 54303
      View Details

    Similar Nearby for Sale

    • $424,900

      Retail Building on Military Avenue

      Retail building with two storefronts, storage, and parking.
      340 N Military Ave, Green Bay, WI 54303
      View Details
    • $225,000
      1,673 SF

      Green Bay Multi-Unit Property

      Two-unit rental property with recent updates and tenant occupancy.
      945 Velp Ave, Green Bay, WI 54303
      View Details
    • $249,900
      1,536 SF

      Well-Maintained Duplex in Green Bay

      Ranch duplex with separate utilities and updated HVAC.
      933 Shea Ave, Green Bay, WI 54303
      View Details
    • Contact for pricing

      Green Bay Commercial Land Available

      Prime commercial land in Green Bay, near I-41.
      1803 Shawano Ave, Green Bay, WI 54303
      View Details
    • $450,000

      High-Visibility Commercial Lot For Sale

      Commercial lot with high visibility and strong traffic flow.
      510 Lambeau St, Green Bay, WI 54303
      View Details
    • $359,900
      2,172 SF

      Immaculate Duplex Near Parks

      Lovingly maintained Green Bay duplex, ideal for investment or owner-occupancy.
      1400 Kellogg St, Green Bay, WI 54303
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail/Office Space on Military Avenue

      Well-maintained retail and office spaces with high visibility.
      101 N Military Ave, Green Bay, WI 54303
      View Details
    • Contact for pricing

      Retail/Office Suite in Rail Yard

      New retail/office suite in Green Bay's Rail Yard District.
      419 Donald Driver Way, Green Bay, WI 54303
      View Details
    • Contact for pricing
      5,808 SF

      New Class A Retail/Office Space

      New construction retail, office, or flex space for lease.
      1111 N Military Ave, Green Bay, WI 54303
      View Details
    • Contact for pricing

      Versatile Workspace Solutions Available

      Flexible office spaces with various options and amenities.
      2149 Velp Ave 1 &, Green Bay, WI 54303
      View Details
    • Contact for pricing

      Professional Office Suites Available

      Office suites with flexible layouts, natural light, and included utilities.
      1345 W Mason St, Green Bay, WI 54303
      View Details
    • Contact for pricing

      WI, Green Bay - Velp Ave.

      Discover many ways to work your way in WI, Green Bay - Velp Ave.
      2149 Velp Ave. 1 &, Green Bay, WI 54303
      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.
    201 Military Ave
    Green Bay, WI 54303
    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
    201 Military Ave, Green Bay, WI, 54303
    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!