Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4661 Associated Dr Grand Chute, WI 54913

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4661 Associated Dr Grand Chute, WI 54913

    View on Map
    • Retail properties & Spaces
    • 4.26 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 4661 Associated Dr

    Year built
    1985
    Lot size
    4.26 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 4661-4675 Associated Drive in Grand Chute, Wisconsin, presents a compelling investment opportunity. The property boasts a substantial 40,996 square feet of net rentable space, situated on a generous 4.26-acre lot. Built in 1985 and renovated in 2008, the building is zoned B-Commercial and offers ample parking with 225 spaces. The property is offered fee simple, encompassing both land and building. Currently generating a strong net operating income (NOI) of $422,320, this investment presents a compelling 7.75% capitalization rate at an asking price of $5,449,290. The property's location provides excellent access via Associated Drive, Casaloma Drive, and West Greenville Drive, ensuring high visibility and convenient access for customers. The lease type is NNN, minimizing landlord responsibilities. This well-maintained retail center represents a stable and profitable investment in a desirable Wisconsin location. The property's size, location, and strong financial performance make it an attractive option for investors seeking a high-yield, low-maintenance retail investment. The 54913 zip code offers a thriving commercial environment. This is a rare opportunity to acquire a well-established retail center with significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grand Chute
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.4754
    Latitude
    44.2737

    Comparable in this City

    • Value Estimation by Request

      734 Casaloma Dr

      Retail properties & Spaces
      734 Casaloma Dr, Appleton, WI 54913
      View Details
    • Value Estimation
      $4,115,000
      126,311 SF

      Appleton, WI 54913

      DEPARTMENT STORE • 126,311 SF
      Appleton, WI 54913
      View Details
    • Value Estimation by Request

      5145 Schroth Ln

      Office properties & Spaces
      5145 Schroth Ln, Appleton, WI 54913
      View Details
    • Value Estimation by Request
      6,296 SF

      Greenville Dr

      Retail properties & Spaces • 6,296 SF
      0 Greenville Dr, Appleton, WI 54913
      View Details
    • Value Estimation by Request
      47,262 SF

      711-881 Casaloma Dr

      Neighborhood centers • 47,262 SF
      711-881 Casaloma Dr, Appleton, WI 54913
      View Details
    • Value Estimation
      $2,860,000
      84,985 SF

      Appleton, WI 54913

      DEPARTMENT STORE • 84,985 SF
      Appleton, WI 54913
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Former Sears Box For Sale

      Former Sears box available for sale or for lease.
      4301 W Wisconsin Ave, Appleton, WI 54913
      View Details
    • Contact for pricing

      Retail Center Near Fox River Mall

      Retail spaces available in high-traffic, Petco/Guitar Center anchored center.
      711 Casaloma Dr, Appleton, WI 54913
      View Details
    • $829,620
      16.76 Acres

      Appleton Industrial Land - 16 Acres

      Prime Commercial/Industrial Land, Appleton, WI
      0 Neubert Rd, Appleton, WI 54913
      View Details
    • Contact for pricing

      Commercial Site in Retail Corridor

      Commercial land for sale in Grand Chute retail area.
      1941 N Westfield Dr, Appleton, WI 54913
      View Details
    • $500,000

      Commercial Land Near Airport

      Land ideal for development in high-traffic commercial district.
      4800-4820 W Packard St, Appleton, WI 54913
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fox River Mall Retail Space

      Former Sears available for lease in Fox River Mall.
      4301 W Wisconsin Ave, Appleton, WI 54913
      View Details
    • Contact for pricing
      3 SF

      Auto Dealership/Repair Building For Lease

      Existing auto dealership/repair building for lease or redevelopment.
      4400 West College Ave, Appleton, WI 54913
      View Details
    • $19 SF/Yr
      6,035 SF

      Retail Space Near Fox River Mall

      Retail spaces available in high-traffic Appleton location.
      1011 Mutual Way, Appleton, WI 54913
      View Details
    • Contact for pricing

      Retail Space Near I-41

      Retail space with high visibility near I-41 and College Ave.
      133 N Mall Dr, Appleton, WI 54913
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space with High Ceilings

      Retail space featuring 18-foot ceilings and ample parking.
      4803 W Michaels Dr, Appleton, WI 54913
      View Details
    • Contact for pricing

      New Class A Flex Industrial

      New construction flex industrial building for lease with high visibility.
      5700 Clairemont Dr, Appleton, WI 54913
      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.
    4661 Associated Dr
    Grand Chute, WI 54913
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!