Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1109 Honey Ct De Pere, WI 54115-3161

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1109 Honey Ct De Pere, WI 54115-3161

    View on Map
    • Strip malls
    • 15,000 SF
    • 1.37 lot acres
    Off-Market
    Property ID
    US92-0902165
    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.
    Value Estimations
    $565,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Doggy Day Grooming, LLC / Pet Grooming Service
    • Christian Church / Association Or Organization
    • Kidz Town / Family Recreation Center
    • 3rd Dimension Tattoo & Piercing / Tattoo & Piercing Shop
    • Signature Auto Salon / Car Wash

    Property Details for 1109 Honey Ct

    Year built
    1974
    Lot size
    1.37 lot acres
    Property size
    15,000 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    ED 1471-1-2
    APU
    ED147112

    Description

    This exceptional 15,000 square foot retail strip center, located at 1109 Honey Ct, De Pere, WI 54115, presents a compelling investment opportunity. The single-story, Class B building boasts a prime location just off South Broadway, enjoying high visibility with over 19,000 cars passing daily. Built in 1974 and extensively renovated in 2018, the property features five suites, with 5,000 square feet currently available for lease. Suite sizes range from 1,500 to 4,000 square feet, offering flexibility for various retail or office uses. The 0.76-acre lot provides ample parking for 65 vehicles. Its attractive brick exterior, tall ceilings, and proximity to the Fox River Trail, De Pere High School, and St. Norbert College make it an ideal location. The property is zoned for General Business (APN: ED-1471-1-2) and benefits from its adjacency to a thriving residential area. This well-maintained property offers a strong return on investment with its high traffic count and desirable location. A virtual tour is available online.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $340,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $772,000
      Market price range: $772k - $2.02M
      AI Estimate
      $574,000
      Market price range: $575k - $1.96M

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

    Location Insight

    • Map
    • Local Demand
    City
    De Pere
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.0599
    Latitude
    44.4378
    CBSA code
    24580
    CBSA name
    GREEN BAY, 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
    $7,568
    $82,000
    $341,900
    $423,900
    -
    $0.00
    $0.00
    $434,800

    Comparable in this City

    • Value Estimation
      $1,450,000
      19,040 SF

      310 Wisconsin St

      SHOPPING CENTER, STRIP CENTER • 19,040 SF
      310 Wisconsin St, De Pere, WI 54115-2770
      View Details
    • Value Estimation
      $2,915,000
      24,000 SF

      1601 Lawrence Dr

      SHOPPING CENTER, STRIP CENTER • 24,000 SF
      1601 Lawrence Dr, De Pere, WI 54115-3931
      View Details
    • Value Estimation
      $585,000
      16,728 SF

      1700 Sand Acres Dr

      SHOPPING CENTER, STRIP CENTER • 16,728 SF
      1700 Sand Acres Dr, De Pere, WI 54115-7563
      View Details
    • Value Estimation
      $750,000
      6,000 SF

      1000 Main Ave, Unit 1006

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      1000 Main Ave, De Pere, WI 54115-1308
      View Details
    • Value Estimation
      $1,605,000
      10,536 SF

      1210 Mid Vly Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 10,536 SF
      1210 Mid Vly Dr, De Pere, WI 54115-9502
      View Details
    • Value Estimation by Request
      9,760 SF

      1244 Enterprise Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 9,760 SF
      1244 Enterprise Dr, De Pere, WI 54115-3193
      View Details

    Similar Nearby for Sale

    • $1,700,000

      Established Supper Club and Banquet

      Thriving supper club and banquet facility with highway exposure.
      3177 French Rd, De Pere, WI 54115
      View Details
    • $2,145,000

      Retail Property on Broadway Street

      Retail property for sale on South Broadway Street.
      1347 S Broadway St, De Pere, WI 54115
      View Details
    • Contact for pricing

      Land Parcels Ready for Development

      Parcels for immediate development in a growing area.
      I-41 East & West of 41, Ashwaubenon, WI 54115
      View Details
    • Contact for pricing

      I-41 Frontage Land Available

      Highly visible land with I-41 frontage in De Pere.
      Freedom Rd, De Pere, WI 54115
      View Details
    • Contact for pricing

      De Pere Industrial Land Parcel

      Large industrial land parcel with utilities and frontage.
      De Pere, WI 54115
      View Details
    • Contact for pricing
      39,677 SF

      Multi-Tenant Office/Warehouse Investment Opportunity

      Class-A property with stable income stream near I-41 & I-43.
      3400 Packerland Dr, De Pere, WI 54115
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,250 SF

      New Retail/Office Development

      New construction retail/office development in West De Pere, Wisconsin.
      114 S 9Th St, De Pere, WI 54115
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru Option

      Retail space available with potential drive-thru in De Pere.
      2409 Monroe Rd, De Pere, WI 54115
      View Details
    • Contact for pricing
      4,187 SF

      New Construction Retail/Office Space

      Class A office/retail space for lease with high visibility.
      3131-3151 Monroe Rd, De Pere, WI 54115
      View Details
    • Contact for pricing

      Monroe Road Office/Retail Space

      Class A office/retail space with high visibility on Monroe Road.
      2665 Monroe Rd, De Pere, WI 54115
      View Details
    • Contact for pricing

      New Office Space Available

      Unused, state-of-the-art office space near US Highway 41/141.
      2020 Innovation Ct, De Pere, WI 54115
      View Details
    • Contact for pricing

      Downtown De Pere Office Building

      Prime office building in downtown De Pere available for lease.
      301 N Broadway, De Pere, WI 54115
      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.
    1109 Honey Ct
    De Pere, WI 54115-3161
    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.
    Sign Up Successful!
    You now have access to more from Realmo!