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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Investment properties
122 College Ave 101, Appleton, WI 54911-5794
Entity Owned
3-yr Hold
Free & Clear
Property ID
US92-0295239
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1970
Total area
15,460 SF
Lot
0.14 ac (6,194 SF)
Zoning code
CBD
APN
31-2-0282-02
UPID
US92-0295239
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
-
Appleton Education Foundation Association / Organization
-
Willis Personal Lines: Lafave Denise Insurance Agency
-
Long Greg MD Pediatrician Physician
-
Valley New School High School
-
Appleton Schools Superintendent High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.29M
Owner & transaction history
Appleton Education Foundation INC · 3 yrs held
Appleton Education Foundation INC
since 2023
Last sale
$985,000
6 recorded transactions
Zoning & alternative use
CBD · Appleton, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+37.1%
Warehouse, storage
$1.7M
+17.3%
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
Method
Estimation
Statistic approach
$1,280,000
ML approach
$1,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,465,000
Current use
OFFICE BUILDING
$2,005,000
Change: +37% · Conversion: Easy
WAREHOUSE, STORAGE
$1,715,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$1,195,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±10% · vs last sale $985k (Mar 31 2023)
Last sale anchor
$985k
Mar 31 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$83 / SF
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
$15,288
Tax year 2023
Assessed value
$912,500
Assessed 2023
Previous assessed
$1,318,500
-30.8% YoY
Effective rate
1.68%
On assessed value
Assessed land
$142,500
Assessed improvement
$770,000
Land market value
$150,194
Improvement market value
$811,575
Total market value
$961,769
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1970
Heating
YES
Cooling
AC.CHILLED WATER
Stories
1
Total area
15,460 SF
Lot
0.14 ac (6,194 SF)
Zoning code
CBD
APN
31-2-0282-02
UPID
US92-0295239
Jurisdiction
OUTAGAMIE
Zoning & alternative use
CBD · Appleton, WI
Zoning CBD · permitted uses
CBD · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
YES
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Appleton Education Foundation INC
Entity
Free & Clear · 3 yrs held
Mailing address
122 E COLLEGE AVE STE 1B, APPLETON, WI 54911-5741
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
$985,000
Appleton Education Foundation INC
Washington Street Real Estate Inves
Warranty Deed
—
Aug 31, 2010
$2,500,000
Washington Street Real Estate Inves
North Meadows Investment Ltd
Warranty Deed
—
Jul 10, 2006
$300,000
Appleton Education Foundation
North Meadows Investments Ltd
Grant Deed
—
—
—
Street R E Inv Fund Washington
—
Deed Of Trust
related
$1,285,000 · M & I Marshall & Isley Bank
—
—
North Meadows Investments Ltd
—
Deed Of Trust
related
$230,000 · M & I Marshall & Isley Bank
—
—
North Meadows Investments Ltd
—
Deed Of Trust
related
$235,000 · M & I Marshall & Isley Bank
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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