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Property profile & analytics
OFF-MARKET Estimated value $565,000
Strip malls

1109 Honey Ct De Pere, WI 54115-3161

15,000 SF 1.37 ac lot Built 1974
Entity Owned 8-yr Hold Free & Clear
Property ID
US92-0902165
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1974
Total area 15,000 SF
Lot 1.37 ac (59,547 SF)
APN ED 1471-1-2
UPID US92-0902165
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
$772k
Blend (final) Blend
$565k
Owner & transaction history
Park Place Holdings-broadway L · 8 yrs held
Park Place Holdings-broadway L
since 2018
5 recorded transactions
2023
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2018
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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