Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    41 And Hwy Green Bay, WI 54303

    • Land
    • 1.26 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 41 And Hwy

    Lot size
    1.26 lot acres
    Property type
    Land

    Description

    Three exceptional commercial land parcels are available for sale in Howard, Wisconsin, ideally situated at the intersection of US Highway 41 and Highway 32. These outparcels benefit from their strategic location adjacent to a highly successful Woodman's Food Market, a major regional draw averaging over 30,000 unique weekly transactions. This ensures exceptional visibility and consistent foot traffic for any development. The lots are fully improved, with detention systems already in place, simplifying the development process and reducing upfront costs. The parcels offer varying sizes to accommodate diverse development needs: Lot A encompasses 1.26 acres, Lot B offers 3.14 acres, and Lot C provides a substantial 8.6 acres. This prime location in Brown County, Wisconsin, with its easy access from US Highway 41, presents a rare opportunity for businesses seeking high-visibility locations in a thriving retail environment. The zip code is 54303. The properties are situated at 44.5320331 latitude and -88.08157 longitude. This presents a unique opportunity for investors and developers seeking high-return commercial real estate in a densely populated area with strong consumer spending. Don't miss this chance to secure a piece of this thriving retail corridor.

    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
    -88.0816
    Latitude
    44.532

    Comparable in this City

    • Value Estimation
      $290,000
      6.94 Acres

      1810 Velp Ave

      COMMERCIAL (GENERAL) • 6.94 Acres
      1810 Velp Ave, Green Bay, WI 54303-6448
      View Details
    • Value Estimation
      $445,000
      7.16 Acres

      1966 Velp Ave

      COMMERCIAL (GENERAL) • 7.16 Acres
      1966 Velp Ave, Green Bay, WI 54303-6450
      View Details
    • Value Estimation
      $420,000
      23.29 Acres

      2006 Memorial Dr, Unit 2038

      COMMERCIAL (GENERAL) • 23.29 Acres
      2006 Memorial Dr, Green Bay, WI 54303-6310
      View Details
    • Value Estimation
      $180,000
      0.03 Acres

      105 Pearl St

      COMMERCIAL (GENERAL) • 0.03 Acres
      105 Pearl St, Green Bay, WI 54303
      View Details
    • Value Estimation
      $180,000
      0.10 Acres

      309 Broadway

      COMMERCIAL (GENERAL) • 0.10 Acres
      309 Broadway, Green Bay, WI 54303
      View Details
    • Value Estimation
      $195,000
      0.13 Acres

      329 Broadway

      COMMERCIAL (GENERAL) • 0.13 Acres
      329 Broadway, Green Bay, WI 54303
      View Details

    Similar Nearby for Sale

    • $299,000
      0.88 Acres

      Green Bay Development Land

      Prime .875-acre lot, OR zoning
      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
    • $30,000
      0.16 Acres

      Residential Lot Near Green Bay Amenities

      Partially wooded corner lot near downtown Green Bay and stadium.
      613 11Th Ave, Green Bay, WI 54303
      View Details
    • $245,000
      1,491 SF

      Green Bay Duplex Opportunity

      Upper/lower duplex in Green Bay, convenient location near downtown.
      825 Dousman St, Green Bay, WI 54303
      View Details
    • $509,900
      3,160 SF

      Green Bay Duplex in Howard

      Spacious duplex in Howard with income potential and modern amenities.
      1774 Cabinet Maker Ct, Green Bay, WI 54303
      View Details
    • $1,503,000
      605 SF

      New Caribou Coffee Cabin Concept

      New construction Caribou Coffee with drive-up and walk-up format.
      600 S Military Ave, Green Bay, WI 54303
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      2,682 SF

      Prime Military Ave Office Space

      Modern Suites, High Visibility, Immediate Occupancy
      101 Military Ave, Green Bay, WI 54303
      View Details
    • $7 SF/Yr
      6,039 SF

      Green Bay Office Space Available

      Flexible workspace solutions in Green Bay, WI.
      2149 Velp Ave 1 &, Green Bay, WI 54303
      View Details
    • $12 SF/Yr
      22,962 SF

      Heritage Building Office Space

      Prime Brown County office suites, 275-2800 sq ft.
      1345 Mason St, Green Bay, WI 54303
      View Details
    • $14 SF/Yr
      3,000 SF

      Flex Space with Shop Space

      Flex space featuring showroom, office, bathroom, and shop area.
      1760 Velp Ave, Green Bay, WI 54303
      View Details
    • $21 SF/Yr
      18,380 SF

      Renovated Office Space in Green Bay

      Class A office space in Rail Yard Innovation District.
      540 N Broadway, Green Bay, WI 54303
      View Details
    • $15 SF/Yr
      100,179 SF

      Oak Ridge Plaza Retail Space

      Green Bay retail space, 1,600-5,549 sq ft.
      2250 Mason St, 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.
    41 And Hwy
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.