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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Grocery and convenience stores
1492 Appleton Rd Menasha, WI 54952-1102
Entity Owned
2-yr Hold
Free & Clear
Property ID
US92-0246749
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Total area
5,130 SF
Lot
0.98 ac (42,593 SF)
Zoning code
C3
APN
4-00783-07
UPID
US92-0246749
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
-
Casey's Take-out & Catering
-
Circle K Gas Station Gas Station
-
Circle K Grocery & Convenience Store
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.90M
Owner & transaction history
Indianhead Oil Co LLC · 2 yrs held
Indianhead Oil Co LLC
since 2024
Last sale
$1.9M
1 recorded transaction
Zoning & alternative use
C3 · Menasha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C3 district is to accommodate a limited range of general business and light industrial uses. These provisions are intended to promote aesthetically pleasing and harmonious overall development by establishing minimum standards for site development and building design
Zone name
Business And Office
General category
INDUSTRIAL
Zone area
58.61 ac
Source
Realmo
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 Menasha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menasha 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
$1,900,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.90M (Jan 26 2024)
Last sale anchor
$1.90M
Jan 26 2024
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
$370 / 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
$22,879
Tax year 2023
Assessed value
$931,300
Assessed 2023
Previous assessed
$931,300
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$341,000
Assessed improvement
$590,300
Land market value
$416,412
Improvement market value
$720,844
Total market value
$1,137,256
Applied tax rate
251.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2000
Heating
YES
Cooling
YES
Stories
1
Total area
5,130 SF
Lot
0.98 ac (42,593 SF)
Zoning code
C3
APN
4-00783-07
UPID
US92-0246749
Jurisdiction
WINNEBAGO
Zoning & alternative use
C3 · Menasha, WIZoning C3 · permitted uses
C3 · Menasha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C3 district is to accommodate a limited range of general business and light industrial uses. These provisions are intended to promote aesthetically pleasing and harmonious overall development by establishing minimum standards for site development and building design
Zone name
Business And Office
General category
INDUSTRIAL
Zone area
58.61 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2000
Heating
YES
Cooling
Yes
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Indianhead Oil Co LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4567 AMERICAN BLVD W, BLOOMINGTON, MN 55437-1123
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2024
$1,900,000
Indianhead Oil Co LLC
Caseys Marketing Company
Special Warranty Deed
—
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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