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Property profile & analytics

181 Riverheath Way Appleton, WI 54915

  • Commercial real estate
  • 77,608 SF
  • 1.48 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US92-2299232
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

  • J.G. Law LLC / Family Law Attorney
  • Tempest Coffee Collective / Coffee Shop
  • Berhoff Homes LLC / Home Builder
  • River Tyme Tours - Appleton / Boat Tour Agency
  • Prairie Apartments / Apartment Building

Property Details for 181 Riverheath Way

Year built
2016
Lot size
1.48 lot acres
Property size
77,608 SF
Zone code
PDC2
Property type
Commercial real estate
APN
31-4-0828-06
APU
314082806

Description

This exceptional multi-tenant property, located at 181 S Riverheath Way in Appleton, Wisconsin, 54915, offers a unique blend of office and retail spaces. The building boasts a total of 18,659 square feet, divided into three suites, with a minimum divisible space of 1,200 square feet and a maximum of 2,700 square feet. Currently, three spaces are available for lease. The property's prime location on the Fox River provides stunning river views and easy access to walking trails. Ample parking is available for tenants and their clients. Its proximity to the Lawrence University campus adds to its desirability. The building's convenient location is just steps from downtown Appleton, situated below the College Avenue bridge, offering excellent visibility and accessibility. This is an ideal opportunity for businesses seeking a prestigious and well-located space in a thriving community. The property is classified as both retail and office space, making it suitable for a variety of uses. The building's design and location make it an attractive option for businesses seeking a high-quality, well-maintained space in a desirable location. The flexible suite sizes allow for customization to meet individual business needs. Don't miss this chance to secure your space in this sought-after Appleton location.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $13,095,000
    6.5%
    $12,090,000
    7%
    $11,225,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $12,712,000
    Market price range: $5.12M - $14.9M
    AI Estimate
    $8,173,000
    Market price range: $4.10M - $8.72M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $9,135,000
    Current use
    RESTAURANT
    $14,555,000
    Change: +59% Conversion: Difficult
    RETAIL STORES
    $11,125,000
    Change: +22% Conversion: Easy
    AUTO REPAIR, GARAGE
    $10,850,000
    Change: +19% Conversion: Difficult
    OFFICE BUILDING
    $10,075,000
    Change: +10% Conversion: Easy
    WAREHOUSE, STORAGE
    $8,615,000
    Change: -6% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Appleton
County
Outagamie
State
Wisconsin
Longitude
-88.3866
Latitude
44.2611
CBSA code
11540
CBSA name
APPLETON, 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
$151,484
$463,500
$8,862,000
$9,325,500
-
$488,526
$9,340,493
$9,829,019
More about this property
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