240 1St St Neenah, WI 54956
- Commercial real estate
- 6,679 SF
- 0.67 lot acres
Current Use by Public Records
- Philippe Martinez Dental / Pediatric Dentist
- Optivision Eye Care / Ophthalmologist / Lasik Surgeon
- Dr. Stephen S. Dudley, MD / Ophthalmologist
- Smith Christopher OD / Optometrist
- Clarke Gerald P MD / Ophthalmologist
Property Details for 240 1St St
- Year built
- 1972
- Lot size
- 0.67 lot acres
- Property size
- 6,679 SF
- Zone code
- C2;CENTRAL BUSINESS
- Property type
- Commercial real estate
- APN
- 03-0083-0000
- APU
- 300830000
Description
This exceptional Class A office building, completed in 2024, offers 5,000 square feet of flexible space in a highly desirable location within the Appleton, Menasha, Oshkosh submarket (Fox Cities, Fox Valley). The single-tenant property boasts a highly visible corner lot adjacent to Theda Clark Regional Medical Center, ensuring maximum exposure and accessibility. The building's design prioritizes energy efficiency, making it a cost-effective and environmentally conscious choice. This new construction provides a turnkey solution with build-to-suit options available to perfectly match your business needs. Whether you're seeking office space, retail space, or a restaurant location, this property offers incredible versatility. The expansive lot allows for ample parking and even provides the potential for an outdoor patio or beer garden, adding significant value and appeal. Zoned for commercial use, this property presents a unique opportunity for businesses seeking a modern, efficient, and strategically located space in a thriving market. Leasing, sale, and land contract options are available to accommodate various investment strategies. The building's size is adaptable, accommodating spaces ranging from 2,000 to 5,000 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $460,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $425,000
- Mixed-Use
- $505,000
- Hospitality
- $390,000
- Educational
- $465,000
- Residential Income
- $405,000
- Energy
- $460,000
- Income-Based Land
- $495,000
- Food Service
- $445,000
Location Insight
- Map
- Local Demand
- City
- Neenah
- County
- Winnebago
- State
- Wisconsin
- Longitude
- -88.4553
- Latitude
- 44.1896
- CBSA code
- 36780
- CBSA name
- OSHKOSH-NEENAH, WI METROPOLITAN STATISTICAL AREA
