Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

2009 Memorial Dr Appleton, WI 54915

  • Commercial real estate
  • 4,992 SF
  • 0.61 lot acres
For Sale
Last Sale
Jun 07, 2024
$540,000
Value Estimations
Cap Rate Potential
6.7%
Commercial real estate
Location Intelligence
Property ID
US92-1321898
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Kiecker Emmy / Physical Therapist
  • Magnolia Skin & Beauty / Spa
  • Arched ink / Permanent Make-Up Clinic
  • Clean Slate Aesthetics LLC / Spa / Beauty Salon
  • Dr. Dean A. Gruner, MD / Family Practice Physician

Property Details for 2009 Memorial Dr

Year built
1984
Lot size
0.61 lot acres
Property size
4,992 SF
Zone code
C2
Property type
Commercial real estate
APN
31-8-2200-00
APU
318220000

Description

This fully remodeled 9,988 square foot commercial property in Appleton, Wisconsin, presents a unique investment opportunity. Situated on a 0.96-acre lot at a high-traffic intersection, this building boasts exceptional visibility and convenient access to Highway 441 and the Fox Valley area. The durable brick exterior houses a spacious interior, recently renovated throughout both the main and lower levels. The property includes a large parking lot with 49 spaces, ensuring ample parking for employees and clients. Previously utilized as a medical office, the building is equipped with extensive plumbing, a modern seven-zone heating and cooling system, and an elevator for easy access between floors. The interior layout features a welcoming lobby and a shared conference room upon entry, along with multiple bathrooms strategically placed throughout the building. Currently, approximately 1,350 square feet is occupied by a tenant, generating consistent rental income. This property is ideally suited for a variety of businesses seeking a well-maintained, conveniently located space with excellent visibility and ample parking. The combination of its prime location, modern amenities, and existing rental income makes this a compelling investment prospect. The property's size and layout offer flexibility for a variety of commercial uses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $540,000
    ML approach
    $540,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $605,000
    6.5%
    $560,000
    7%
    $520,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $420,000
    Market price range: $330k - $957k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $590,000
    Current use
    RETAIL STORES
    $715,000
    Change: +22% Conversion: Easy
    AUTO REPAIR, GARAGE
    $700,000
    Change: +19% Conversion: Difficult
    OFFICE BUILDING
    $650,000
    Change: +10% Conversion: Easy
    WAREHOUSE, STORAGE
    $555,000
    Change: -6% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Appleton
County
Winnebago
State
Wisconsin
Longitude
-88.416
Latitude
44.2436
CBSA code
36780
CBSA name
OSHKOSH-NEENAH, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,540
$145,100
$163,200
$308,300
-
$159,685
$179,605
$339,290
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