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

    1255 Appleton Rd Menasha, WI 54952-1501

    • Medical offices
    • 3,049 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimations
    $455,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-0257647
    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

    • Community Eyecare, Inc / Optometrist / Contact Lenses Supplier
    • Annette / Medical Clinic
    • Dr. Charles J. Burgess, O.D. / Optometrist
    • Annette Wilde / Optometrist
    • Micah Juedes / Optometrist

    Property Details for 1255 Appleton Rd

    Year built
    1979
    Lot size
    0.69 lot acres
    Property size
    3,049 SF
    Zone code
    C1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    6-01263-06
    APU
    60126306

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $345,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $615,000
      6.5%
      $565,000
      7%
      $525,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $270,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Menasha
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.4255
    Latitude
    44.2237
    CBSA code
    36780
    CBSA name
    OSHKOSH-NEENAH, 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
    $14,583
    $96,500
    $498,500
    $595,000
    -
    $471,364
    $608,743
    $1,080,107

    Comparable in this City

    • Value Estimation
      $2,385,000
      14,174 SF

      905 Midway Rd

      MEDICAL BUILDING • 14,174 SF
      905 Midway Rd, Menasha, WI 54952-1113
      View Details
    • Value Estimation
      $375,000
      6,039 SF

      1105 Wittmann Dr

      MEDICAL BUILDING • 6,039 SF
      1105 Wittmann Dr, Menasha, WI 54952-3607
      View Details
    • Value Estimation
      $275,000
      3,282 SF

      990 Plank Rd

      MEDICAL BUILDING • 3,282 SF
      990 Plank Rd, Menasha, WI 54952-2936
      View Details
    • Value Estimation
      $775,000
      30,976 SF

      1095 Midway Rd

      MEDICAL BUILDING • 30,976 SF
      1095 Midway Rd, Menasha, WI 54952-1115
      View Details
    • Value Estimation
      $400,000
      7,296 SF

      1000 Midway Rd

      MEDICAL BUILDING • 7,296 SF
      1000 Midway Rd, Menasha, WI 54952-1116
      View Details
    • Value Estimation
      $795,000
      55,660 SF

      1550 Midway Pl

      MEDICAL BUILDING • 55,660 SF
      1550 Midway Pl, Menasha, WI 54952-1165
      View Details

    Similar Nearby for Sale

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      Menasha Commercial Land - $81,544

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      Menasha Redevelopment Opportunity on Main

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      Menasha Land For Sale

      Commercial land with high traffic counts and great visibility.
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    • $499,000

      Retail/Office Site on Oneida Street

      2.01 acre commercial land for retail or office development.
      834 Oneida St, Menasha, WI 54952
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    • $120,443

      Commercial Land in Growing Area

      Land with utilities, easy highway access, and excellent visibility.
      1285 Province Ter, Menasha, WI 54952
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    • $995,000
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      Commercial Land Near Highway 47

      3.33 acres of shovel-ready commercial land with highway access.
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    Similar Nearby for Lease

    • $3,300 /Mo
      12,400 SF

      Midway Office Park: Menasha, WI

      Prime Office Space, Multiple Options
      1488 Kenwood Dr, Menasha, WI 54952
      View Details
    • $11 SF/Yr
      11,264 SF

      Midway Office Park: Menasha Office Space

      Prime Menasha office suites, various sizes available.
      1478 Kenwood Dr, Menasha, WI 54952
      View Details
    • $12 SF/Yr
      12,000 SF

      Midway Office Park: Menasha, WI

      Prime Office Space, Multiple Uses, Ample Parking
      1476 Kenwood Dr, Menasha, WI 54952
      View Details
    • $12 SF/Yr
      11,264 SF

      Midway Office Park: Menasha Office Space

      Prime Menasha Office, 350 sq ft available
      1477 Kenwood Dr, Menasha, WI 54952
      View Details
    • $12 SF/Yr
      18,600 SF

      Midway Office Park: Menasha Office Space

      Flexible Office Suites in Prime Menasha Location
      1486 Kenwood Dr, Menasha, WI 54952
      View Details
    • $12 SF/Yr
      3,024 SF

      Menasha Office Space For Rent

      Spacious office featuring six large offices, conference room, and parking.
      1125 Wittmann Dr, Menasha, WI 54952
      View Details
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    1255 Appleton Rd
    Menasha, WI 54952-1501
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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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