Property profile

122 E College Ave Appleton, WI 54911

FOR SALE
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Property ID
US92-1161256
10,965 SF 0.1 ac Built 1970
Last sale Oct 2025·$2,382,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A Class A office building located in Downtown Appleton’s central business district, north of Milwaukee. The building includes one passenger elevator and one freight elevator, and features two enclosed truck docks to support service access. The property is positioned within the downtown core area where additional civic and mixed-use development has been proposed, including an exposition center, a performing arts center, and potential multifamily projects.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$658k
Assessed improvement$658k
Effective rate1.67%

Value estimate

· Nov 2026
$500k
$450k – $550k
Submarket $/SF estimate$989k
NOI build-up
Gross scheduled income$135k
Vacancy & credit loss−$16k
Operating expenses−$30k
NOI · 13.74% cap applied$89k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$95/SF
ZIP average, outlier-cleaned · 112 recorded sales of this use type
Observed band · Q1–Q3$54 – $151
Qualifying comparables7

Cap rate analysis

How does the asset earn?
13.74%
$89k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
This district is intended to provide a centrally located and readily accessible area that offers a wide variety of retail, service, finan...
General categoryCIVIC_INSTITUTIONAL
JurisdictionOUTAGAMIE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.4
Wholesale Shop11.0
Electrical Service11.0

Location

122 E College Ave Appleton, WI 54911
County assessor Recorded deeds · 9 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
105 1st, Appleton, WI 54911-1102 $1,159,000 Oct 2023 4,340 SF
509 Superior, Appleton, WI 54911-4734 $69,000 Dec 2022 6,400 SF
138 Northland, Appleton, WI 54911-2125 $780,500 Apr 2022 2,880 SF
314 Wisconsin, Appleton, WI 54911-4387 $350,000 Feb 2022 9,644 SF
516 Wisconsin, Appleton, WI 54911-4863 $335,000 Mar 2021 6,624 SF
1213 Superior, Appleton, WI 54911-4358 $168,600 Aug 2019 4,890 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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