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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Strip malls
1740 Mason St Green Bay, WI 54302-3258
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0412094
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Construction
WOOD
Total area
9,000 SF
Lot
3.13 ac (136,299 SF)
APN
21 1344-4
UPID
US92-0412094
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
-
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.03M
Owner & transaction history
Iim Development LLC · 16 yrs held
Iim Development LLC
since 2010
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+65.6%
Auto repair, garage
$1.2M
+53.9%
Office building
$1.2M
+44.4%
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 Green Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Green Bay 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
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
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10%
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
$114 / 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
$43,149
Tax year 2023
Assessed value
$2,235,100
Assessed 2023
Previous assessed
$2,235,100
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$708,900
Assessed improvement
$1,526,200
Total market value
$2,515,000
Applied tax rate
2,289.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Construction
WOOD
Heating
NONE
Buildings
5
Total area
9,000 SF
Lot
3.13 ac (136,299 SF)
APN
21 1344-4
UPID
US92-0412094
Jurisdiction
BROWN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$795,000
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$950,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$850,000
RETAIL STORES
Est. value
$685,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
WOOD
Heating
NONE
Buildings
5
Lot
3.13 ac
Current owner
From public records · entity-resolved
Iim Development LLC
Entity
Free & Clear · 16 yrs held
Mailing address
1275 APPLETON RD, MENASHA, WI 54952-1501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2017
—
Std Properties LLC
—
Trustees Deed
related
$50,000 · Blc Cmnty Bk
Nov 14, 2016
—
Std Properties LLC
—
Trustees Deed
related
$650,000 · Blc Cmnty Bk
May 12, 2010
—
Iim Development LLC
Bay East LLP
Quit Claim Deed
related
—
May 12, 2010
$900,000
Std Properties LLC
Iim Dev LLC
Grant Deed
—
—
—
Std Properties LLC
—
Deed Of Trust
related
$50,000 · Blc Community Bank
—
—
Iim Dev LLC
—
Deed Of Trust
related
$283,465 · Bank Mutual
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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