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

    1200 Rickmeyer Dr Fond Du Lac, WI 54937-2205

    • Strip malls
    • 141,900 SF
    • 16.24 lot acres
    OFF-MARKET
    Value Estimations
    $14,685,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-1054708
    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

    • Menards / Building Supply / Hardware & Home Improvement
    • KeyMe Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store

    Property Details for 1200 Rickmeyer Dr

    Year built
    1995
    Construction
    FRAME
    Lot size
    16.24 lot acres
    Property size
    141,900 SF
    Zone code
    B-5
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    FDL-15-17-08-13-502-00
    APU
    FDL1517081350200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $17,630,000
      OFFICE BUILDING
      $15,930,000
      RESTAURANT
      $15,865,000
      RETAIL STORES
      $14,365,000
      COMMERCIAL (GENERAL)
      $10,665,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Fond Du Lac
    County
    Fond Du Lac
    State
    Wisconsin
    Longitude
    -88.4906
    Latitude
    43.7869
    CBSA code
    22540
    CBSA name
    FOND DU LAC, 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
    $271,669
    $2,054,300
    $8,083,200
    $10,137,500
    -
    $2,730,767
    $10,744,942
    $13,475,709

    Comparable in this City

    • Value Estimation
      $860,000
      5,380 SF

      525 Peters Ave

      SHOPPING CENTER, STRIP CENTER • 5,380 SF
      525 Peters Ave, Fond Du Lac, WI 54937-2107
      View Details
    • Value Estimation
      $1,715,000
      14,614 SF

      457 Rolling Mdws Dr

      SHOPPING CENTER, STRIP CENTER • 14,614 SF
      457 Rolling Mdws Dr, Fond Du Lac, WI 54937-9784
      View Details
    • Value Estimation
      $615,000
      4,050 SF

      1211 Rickmeyer Dr

      SHOPPING CENTER, STRIP CENTER • 4,050 SF
      1211 Rickmeyer Dr, Fond Du Lac, WI 54937-2213
      View Details
    • Value Estimation
      $2,055,000
      21,135 SF

      377 Rolling Mdws Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 21,135 SF
      377 Rolling Mdws Dr, Fond Du Lac, WI 54937-9726
      View Details
    • Value Estimation
      $2,910,000
      29,300 SF

      443 Rolling Mdws Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 29,300 SF
      443 Rolling Mdws Dr, Fond Du Lac, WI 54937-9784
      View Details
    • Value Estimation
      $3,385,000
      45,243 SF

      Rolling Mdws Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 45,243 SF
      Rolling Mdws Dr, Fond Du Lac, WI 54937
      View Details

    Similar Nearby for Sale

    • $2,000,000

      Multi-Tenant Property with Upscale Restaurant

      Partially occupied multi-tenant property with restaurant and retail/office suites.
      525 N Peters Ave, Fond du Lac, WI 54937
      View Details
    • $53,900
      0.87 Acres

      Vacant Land in Fond du Lac

      0.87 acre of agricultural land for sale.
      Nelson Rd, Fond du Lac, WI 54937
      View Details
    • $109,395

      Vacant Land Parcels Available

      Multiple vacant land parcels for sale, various sizes available.
      1217 W Scott St, Fond du Lac, WI 54937
      View Details
    • $1,650,000

      Vacant Land at Corner Location

      Irregularly shaped vacant land parcel at a corner location.
      5460 S Hickory Rd, Fond du Lac, WI 54937
      View Details
    • $239,500

      New Commercial Building, Build-to-Suit

      40' x 64' commercial building, customizable to your needs.
      N5032 Hwy, Fond du Lac, WI 54937
      View Details
    • $465,000

      Vacant Land Parcels Available

      Multiple vacant land parcels available for purchase near Interstate 41.
      W Scott St, Fond du Lac, WI 54937
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Westwind Retail Spaces Available

      Prime Retail Space, Highway 41 Access
      N6663 Rolling Meadows Dr, Fond du Lac, WI 54937
      View Details
    • $4 SF/Yr
      12,500 SF

      Automotive Repair Building For Rent

      Seven-bay automotive repair building in a high-traffic retail corridor.
      470 N Rolling Meadows Dr, Fond du Lac, WI 54937
      View Details
    • $9 SF/Yr
      11,734 SF

      Retail Space Under Remodel

      Retail property for lease, undergoing remodeling with new interiors.
      400-425 Prospect Ave, Fond du Lac, WI 54937
      View Details
    • $500 /Mo

      Vacant Mobile Home Lots Available

      Vacant lots for mobile homes in Fond du Lac, WI.
      6384 Oakwood Dr, Fond du Lac, WI 54937
      View Details
    • $5 SF/Yr
      109,467 SF

      Fond du Lac Warehouse Space

      109,467 square foot warehouse space available for lease.
      6637 N Rolling Meadows Dr, Fond du Lac, WI 54937
      View Details
    • Contact for pricing
      90,500 SF

      Fond du Lac Industrial Manufacturing Space

      8,550 SF Available, Multiple Tenants
      525 Rolling Meadows Dr, Fond du Lac, WI 54937
      View Details

    Property Visit Statistics

    • Visits by month
      97.1k
    • Visitors by month
      50.4k
    • Avg Time on site
      24 min
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    Fond Du Lac, WI 54937-2205
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    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
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