1578 Appleton Rd Menasha, WI 54952
- Outlet malls
- 80,494 SF
- 7.39 lot acres
Current Use by Public Records
- higi / Medical Clinic
- Kevin Schultz / Pharmacy
Property Details for 1578 Appleton Rd
- Year built
- 1981
- Lot size
- 7.39 lot acres
- Property size
- 80,494 SF
- Zone code
- C1
- Property type
- Outlet malls
- APN
- 4-00779-07
- APU
- 40077907
Description
This exceptional 81,171-square-foot retail space, formerly a Shopko, presents a significant opportunity. Located in the Menasha Marketplace Shopping Center, this Class B building boasts high visibility from Highway 441 and convenient Interstate 47 access. The property features a spacious open floor plan, a 15,000-square-foot mezzanine, and freeway-visible pylon signage. Situated on a 7.39-acre lot (321,908.4 sq ft) with ample parking (704 spaces), it offers multiple ingress/egress points with dedicated turn lanes. The two-story building (built in 1981) includes two truck docks and benefits from high traffic counts exceeding 80,000 vehicles daily at the Midway Rd/Appleton Rd/HWY 441 intersection. The property's zoning is C1. Its prime location is adjacent to popular businesses like Starbucks, Burger King, and Subway, and is near the University of Wisconsin Oshkosh at Fox Cities campus. The building offers 20-foot clear height ceilings, 14-foot height to ceiling grid, and approximately 10-foot mezzanine height. Central air and heating are included. The lease is a NNN lease at $4 per square foot annually. The parcel number is 4-00779-07.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $845,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,045,000
- 6.5%
- $965,000
- 7%
- $915,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $845,000
- Geo Method
- $860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,060,000
- Retail
- $940,000
- Mixed-Use
- $960,000
- Hospitality
- $825,000
- Educational
- $1,030,000
- Residential Income
- $1,035,000
- Energy
- $880,000
- Income-Based Land
- $890,000
- Food Service
- $850,000
Location Insight
- Map
- Local Demand
- City
- Menasha
- County
- Winnebago
- State
- Wisconsin
- Longitude
- -88.4261
- Latitude
- 44.231
- CBSA code
- 36780
- CBSA name
- OSHKOSH-NEENAH, WI METROPOLITAN STATISTICAL AREA