1615 Drum Corps DrMenasha, WI 54952

Property Details for 1615 Drum Corps Dr

Year built

1975

Lot size

2.69 AC

Property size (Sq ft)

18,043 SF

Zone code

C1

Property type

Retail properties

Property subtype

Bars

APN

6-01665-00

APU

60166500

Description

This exceptional 2.693-acre commercial land parcel, identified by APN 760166500, presents a unique investment opportunity in the thriving Menasha, Wisconsin market. Zoned C-1 Commercial, this property offers significant potential for a variety of commercial ventures. Its strategic location provides convenient access to key transportation arteries, including Highway 441, ensuring excellent connectivity for businesses and employees. The site is situated just eight minutes from the vibrant downtown Appleton area, offering proximity to a diverse range of amenities and a robust workforce. Furthermore, the property benefits from its close proximity to established businesses such as Ultimate Fusion Athletics, Gerber Child Development Center, Kwik Trip, North Shore Bank, and the University of Wisconsin Oshkosh, creating a strong commercial ecosystem. Commuters will appreciate the convenient access to both regional and international airports

• CAP approach

  CAP return

  Valuation

  6%

  $4,789,080

  6.5%

  $4,420,690

  7%

  $4,104,926

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,616,092

  Geo Method

  $5,922,254

• Alternative Use

  Use

  Valuation

  Residential

  $3,729,017

  Hospitality

  $3,415,760

  Educational

  $2,841,872

  Medical

  $2,939,608

  Retail

  $4,420,690

Location Insight

City

Menasha

County

Winnebago

State

Wisconsin

Latitude

44.2323

Longitude

-88.4218

CBSA code

36780

CBSA name

OSHKOSH-NEENAH, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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