Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tri-Park Business Park Appleton, WI 54913
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Property profile & analytics

    Tri-Park Business Park Appleton, WI 54913

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

    Current Use by Public Records

    • Land

    Property Details for 0 Tri-Park Business Park

    Lot size
    4.43 lot acres
    Property type
    Land

    Description

    This exceptional 4.43-acre commercial land parcel is situated within the prestigious Tri-Park Business Park in Grand Chute, Wisconsin, offering a unique opportunity for development. Zoned for commercial use, this property boasts a picturesque setting, featuring a trail system and ponds, creating a serene yet professional environment. The asking price is $354,000, translating to $79,910 per acre. The site benefits from readily available sewer and water utilities, simplifying development plans. Its strategic location provides easy access to major transportation arteries, including Interstates 41 and Highway 441, ensuring excellent connectivity for businesses and residents. The proximity to the Outagamie County Airport further enhances its appeal. Restrictive uses and covenants are in place to maintain the high standards of the business park. Potential uses include, but are not limited to, multi-family developments, given the attractive setting and convenient location. This property presents a compelling investment opportunity in a thriving Wisconsin community. The zip code is 54913. The property is located at Tri-Park Business Park, Appleton, WI.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Appleton
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.421
    Latitude
    44.3317

    Comparable in this City

    • Value Estimation by Request

      Integrity Way

      Land
      0 Integrity Way, Appleton, WI 54913
      View Details
    • Value Estimation by Request
      2.00 Acres

      Schmidt Rd

      Land • 2.00 Acres
      0 Schmidt Rd, Appleton, WI 54913
      View Details
    • Value Estimation by Request
      3.67 Acres

      Integrity Way

      Land • 3.67 Acres
      0 Integrity Way, Appleton, WI 54913
      View Details
    • Value Estimation by Request
      16.76 Acres

      Neubert Rd

      Land • 16.76 Acres
      0 Neubert Rd, Appleton, WI 54913
      View Details
    • Value Estimation by Request
      2.40 Acres

      Integrity Way

      Land • 2.40 Acres
      0 Integrity Way, Appleton, WI 54913
      View Details
    • Value Estimation by Request
      5.73 Acres

      4441 Richmond St

      Land • 5.73 Acres
      4441 Richmond St, Appleton, WI 54913
      View Details

    Similar Nearby for Sale

    • $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
      2.40 Acres

      Appleton Retail Land Opportunity

      Prime Appleton land, high traffic, Costco visibility.
      0 Integrity Way, 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
    • Contact for pricing

      Prime Retail Development Opportunity

      Located in a high-traffic retail corridor near Fox River Mall.
      W Integrity Way, Appleton, WI 54913
      View Details
    • $224,900
      25.47 Acres

      25 Acres of Hunting Land

      25+ acre residential land near Hwy 41 in Appleton, WI.
      County Road Jj, 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
    • $16 SF/Yr
      3,000 SF

      Appleton Office Space For Rent

      Multi-tenant office building near Fox River Mall with ample parking.
      5600 W Grande Market Dr, Appleton, WI 54913
      View Details
    • Contact for pricing
      12,000 SF

      Appleton Warehouse/Flex/Distribution Facility

      12,000 SF warehouse/flex/distribution facility with 28' clear height.
      2801 W Evergreen 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.
    Tri-Park Business Park
    Appleton, 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

    Thank You for Inquiry
    Tri-Park Business Park, Appleton, WI, 54913
    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!