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Property profile & analytics
OFF-MARKET
Bars & Pubs
1216 Wisconsin Ave Appleton, WI 54911-3963
Individually Owned
10-yr Hold
Free & Clear
Property ID
US92-1187456
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1970
Total area
3,920 SF
Lot
0.59 ac (25,600 SF)
Zoning code
C2
APN
31-1-2791-00
UPID
US92-1187456
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
-
Professional Speaking - Networking - Low Price Affordable Office Space - Appleton Nightclub Theater & Performing Art Venue
-
Apple Valley Pancake House Appleton Restaurant
-
Dairyland Brew Pub Restaurant
-
Dairyland Brew Pub LLC Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bernard Schmidt · 10 yrs held
Bernard Schmidt
since 2015
Last sale
$400,000
4 recorded transactions
Zoning & alternative use
C2 · Appleton, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Appleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Appleton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,361
Tax year 2023
Assessed value
$333,500
Assessed 2023
Previous assessed
$225,000
+48.2% YoY
Effective rate
1.61%
On assessed value
Assessed land
$86,500
Assessed improvement
$247,000
Land market value
$91,170
Improvement market value
$260,336
Total market value
$351,506
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
3,920 SF
Lot
0.59 ac (25,600 SF)
Zoning code
C2
APN
31-1-2791-00
UPID
US92-1187456
Jurisdiction
OUTAGAMIE
Zoning & alternative use
C2 · Appleton, WI
Zoning C2 · permitted uses
C2 · Appleton, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Appleton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Bernard Schmidt
Individual
Free & Clear · 10 yrs held
Mailing address
1225 E AMELIA ST, APPLETON, WI 54911-3967
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2015
$45,000
Bernard Schmidt
Loyal Order Of Moose
Grant Deed
—
—
—
Bernard Schmidt
—
Deed Of Trust
related
$75,675 · Wolf River Cmnty Bk
—
—
Loyal Order Of Moose Appleton Lod
—
Deed Of Trust
related
$69,215 · M & I Marshall & Isley Bank
—
—
Bernard Schmidt
—
Deed Of Trust
related
$100,000 · Wolf River Cmnty Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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