1620 Koeller St Oshkosh, WI 54902-6166
Property Lookup
Property profile & analytics
1620 Koeller St Oshkosh, WI 54902-6166
- Retail space
- 12,060 SF
- 1.54 lot acres
Property ID
US92-0253898
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.
Location Intelligence
Current Use by Public Records
- Harbor Freight Tools / Building Supply / Hardware & Home Improvement
Property Details for 1620 Koeller St
- Year built
- 2000
- Lot size
- 1.54 lot acres
- Property size
- 12,060 SF
- Zone code
- SMU-PD
- Property type
- Retail space
- APN
- 13-07440401
- APU
- 1307440401
Description
Exceptional investment opportunity featuring a 12,060 square foot Harbor Freight Tools store in Oshkosh, Wisconsin. This single-tenant, net-lease property boasts a strong 6.55% cap rate and a substantial net operating income (NOI) of $91,641. Built in 2000 and renovated in 2011 to Harbor Freight's specifications, the building sits on a 1.54-acre lot with ample parking (35 spaces). The property features a brick facade and is strategically located in a high-traffic retail corridor, surrounded by national retailers such as Best Buy, McDonald's, Culver's, Target, and Five Below. The property benefits from a long-term lease with a credit-rated tenant, Harbor Freight, with a remaining lease term of approximately 1.9 years, followed by four 5-year options, each with a 5% rent increase. The property is zoned commercial and offers a significant return on investment for a discerning buyer. The location within Oshkosh, Wisconsin, provides access to a population exceeding 70,000 within a 5-mile radius. This Class B, single-story building presents a rare opportunity to acquire a stable, income-producing asset with a well-established tenant in a prime retail location. The property's strong financials, coupled with the long-term lease and favorable location, make it an attractive investment for those seeking a secure and profitable addition to their portfolio. The asking price is $1,399,800, translating to a price per square foot of $116.07.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,230,000
- ML approach
- $1,320,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,930,000
- 6.5%
- $1,785,000
- 7%
- $1,655,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,232,000
- AI Estimate
- $1,232,000
Market price range: $431k - $1.23MMarket price range: $363k - $1.23M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $785,000 Current use
- RESTAURANT
- $1,570,000 Change: +100% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,215,000 Change: +55% Conversion: Easy
- OFFICE BUILDING
- $1,175,000 Change: +50% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,100,000 Change: +41% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oshkosh
- County
- Winnebago
- State
- Wisconsin
- Longitude
- -88.5804
- Latitude
- 44.0026
- 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
$33,476
$354,000
$773,400
$1,127,400
-
$511,538
$1,117,581
$1,629,119
