Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1740 Mason St Green Bay, WI 54302-3258

    Property Lookup

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

    1740 Mason St Green Bay, WI 54302-3258

    View on Map
    • Strip malls
    • 9,000 SF
    • 3.13 lot acres
    Off-Market
    Property ID
    US92-0412094
    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.
    Value Estimations
    $1,025,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Supermercado La Popular LLC / Grocery & Convenience Store / Food Market
    • SOMA FOOD MART HALAL / Grocery & Convenience Store / Food Market
    • The Door Christian Fellowship of Green Bay / Church
    • Impulso by Herbalife / (Bike/Boat/Book/etc) Store / Pharmacy
    • Moonlight Massage / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 1740 Mason St

    Construction
    WOOD
    Lot size
    3.13 lot acres
    Property size
    9,000 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    21 1344-4
    APU
    2113444

    Description

    This 1400 square foot single-tenant office space is located at 1740 E Mason St in Green Bay, Wisconsin, within a multi-tenant retail strip center in Brown County (zip code 54302). The property features ample parking with a large blacktop lot and driveway access from two streets. Recent improvements include a new roof and new HVAC units. The building is partially landscaped. This prime location offers excellent visibility and accessibility, situated near a variety of established businesses and amenities. Nearby businesses include Kwik Trip, Fox Communities Credit Union, Pick 'n Save, Planet Fitness, Arby's, Little Caesar's Pizza, and El Sarape. Current co-tenants include Contemporary Hair Design and Everyday Check Cashing. This property presents a fantastic opportunity for a business seeking a well-maintained, conveniently located office space in a thriving commercial area. The property type is listed as Retail and Office, with the subtype specified as Traditional Office.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,209,000
      Market price range: $463k - $1.21M
      AI Estimate
      $700,000
      Market price range: $298k - $700k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $795,000
      Current use
      RESTAURANT
      $1,315,000
      Change: +66% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,225,000
      Change: +54% Conversion: Difficult
      OFFICE BUILDING
      $1,150,000
      Change: +44% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $950,000
      Change: +19% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $850,000
      Change: +7% Conversion: Difficult
      RETAIL STORES
      $685,000
      Change: -14% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Green Bay
    County
    Brown
    State
    Wisconsin
    Longitude
    -87.9829
    Latitude
    44.4923
    CBSA code
    24580
    CBSA name
    GREEN BAY, 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
    $43,149
    $708,900
    $1,526,200
    $2,235,100
    -
    $0.00
    $0.00
    $2,515,000

    Comparable in this City

    • Value Estimation
      $1,275,000
      12,276 SF

      1980 Main St

      SHOPPING CENTER, STRIP CENTER • 12,276 SF
      1980 Main St, Green Bay, WI 54302
      View Details
    • Value Estimation
      $835,000
      7,736 SF

      2056 Main St

      SHOPPING CENTER, STRIP CENTER • 7,736 SF
      2056 Main St, Green Bay, WI 54302-3936
      View Details
    • Value Estimation by Request
      1,380 SF

      801 Klaus St

      SHOPPING CENTER, STRIP CENTER • 1,380 SF
      801 Klaus St, Green Bay, WI 54302-1134
      View Details
    • Value Estimation by Request
      9,335 SF

      1641 Main St

      SHOPPING CENTER, STRIP CENTER • 9,335 SF
      1641 Main St, Green Bay, WI 54302-2626
      View Details
    • Value Estimation by Request
      4,674 SF

      Main St

      SHOPPING CENTER, STRIP CENTER • 4,674 SF
      Main St, Green Bay, WI 54302
      View Details
    • Value Estimation by Request
      7,200 SF

      Abrams St

      SHOPPING CENTER, STRIP CENTER • 7,200 SF
      Abrams St, Green Bay, WI 54302
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,025 SF

      Fully Occupied Retail Center

      100% occupied retail center with national tenants.
      2230 Main St, Green Bay, WI 54302
      View Details
    • $1,500,000
      1,311 SF

      Green Bay Gas Station Opportunity

      Turn-key gas station with convenience store in high-traffic Green Bay.
      2115 Main St, Green Bay, WI 54302
      View Details
    • Contact for pricing
      5,428 SF

      Green Bay Retail/Restaurant Opportunity

      Retail or restaurant property with ample parking and outdoor seating.
      1464 University Ave, Green Bay, WI 54302
      View Details
    • Contact for pricing
      14,383 SF

      Retail Building on University Avenue

      14,383 SF retail building on 1.453 acres.
      1819 University Ave, Green Bay, WI 54302
      View Details
    • $3,000,000

      New Construction Retail Space For Sale

      Brand-new 15,000 SF retail space with long-term tenant.
      2414 East Mason St, Green Bay, WI 54302
      View Details
    • $175,000
      0.28 Acres

      Main Street Parking Lot

      Well-maintained parking lot on Main Street in Green Bay.
      1662 Main St, Green Bay, WI 54302
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail/Office Suite For Lease

      Retail or office suite in active Green Bay retail corridor.
      2136 Main St, Green Bay, WI 54302
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      2430 E Mason St, Green Bay, WI 54302
      View Details
    • Contact for pricing

      Green Bay Manufacturing/Warehouse Space

      20,000 SF manufacturing/warehouse space with office and crane.
      1850 Cofrin Dr, Green Bay, WI 54302
      View Details
    • Contact for pricing

      Land for Retail and Office

      Land suitable for retail and office uses with easy access.
      1935-1965 Badgerland Dr, Green Bay, WI 54302
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1740 Mason St
    Green Bay, WI 54302-3258
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!