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Property profile & analytics
FOR LEASE
Retail space

1600 N Casaloma Dr Appleton, WI 54913

6,916 SF 3.11 ac lot Built 2007
Entity Owned 5-yr Hold Free & Clear
Property ID
US92-0650719
Property summary
AI-generated overview

This exceptional Class A office building, located at 1600 N Casaloma Drive in Appleton, Wisconsin 54913, offers a unique blend of coworking, medical, and creative office spaces. Built in 2005 and renovated in 2015, the property boasts two buildings totaling 19,535 square feet situated on a 3.5-acre lot. The single-story buildings feature 14-foot ceilings and provide ample parking with 91 spaces. Suites range from a minimum of 1,350 square feet to a maximum contiguous space of 3,600 square feet, accommodating diverse business needs. The property is currently configured for multiple tenants. The building benefits from three-phase power and offers the potential for build-to-suit options to customize spaces to tenant specifications. Property taxes are $1.21 per square foot. The location offers excellent visibility and proximity to major retailers including Burn Boot Camp, Ameritrade, Anytime Fitness, Olive Garden, Cheddar's Scratch Kitchen, Chili's, and Panda Express. Several new medical tenants joined the community in 2023. This property is under new ownership and management.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 6,916 SF
Lot 3.11 ac (135,472 SF)
APN 10-1-0897-00
UPID US92-0650719
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.30M
CAP Approach CAP
$1.38M
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$1.82M
Owner & transaction history
L & T Investments LLC · 5 yrs held
L & T Investments LLC
since 2021
Last sale
$1.7M
7 recorded transactions
2021
$1.7M
2019
Price N/A
2012
$1.1M
2012
Price N/A
2007
Price N/A
2007
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.3M +30.9%
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