181 Riverheath Way Appleton, WI 54915
Property profile & analytics
181 Riverheath Way Appleton, WI 54915
- Commercial real estate
- 77,608 SF
- 1.48 lot acres
Property ID
US92-2299232
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
- J.G. Law LLC / Law Firm / Child Welfare Organization
- Tempest Coffee Collective / Cafe & Coffee Shop
- Berhoff Homes LLC / Construction Company / General Contractor
- River Tyme Tours - Appleton / (Bike/Boat/Book/etc) Store
- Prairie Apartments / Apartment Building
Property Details for 181 Riverheath Way
- Year built
- 2016
- Lot size
- 1.48 lot acres
- Property size
- 77,608 SF
- Zone code
- PDC2
- Property type
- Commercial real estate
- APN
- 31-4-0828-06
- APU
- 314082806
Description
This exceptional multi-tenant property, located at 181 S Riverheath Way in Appleton, Wisconsin, 54915, offers a unique blend of office and retail spaces. The building boasts a total of 18,659 square feet, divided into three suites, with a minimum divisible space of 1,200 square feet and a maximum of 2,700 square feet. Currently, three spaces are available for lease. The property's prime location on the Fox River provides stunning river views and easy access to walking trails. Ample parking is available for tenants and their clients. Its proximity to the Lawrence University campus adds to its desirability. The building's convenient location is just steps from downtown Appleton, situated below the College Avenue bridge, offering excellent visibility and accessibility. This is an ideal opportunity for businesses seeking a prestigious and well-located space in a thriving community. The property is classified as both retail and office space, making it suitable for a variety of uses. The building's design and location make it an attractive option for businesses seeking a high-quality, well-maintained space in a desirable location. The flexible suite sizes allow for customization to meet individual business needs. Don't miss this chance to secure your space in this sought-after Appleton location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,095,000
- 6.5%
- $12,090,000
- 7%
- $11,225,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,712,000
- AI Estimate
- $8,173,000
Market price range: $5.12M - $14.9MMarket price range: $4.10M - $8.72M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $9,135,000 Current use
- RESTAURANT
- $14,555,000 Change: +59% Conversion: Difficult
- RETAIL STORES
- $11,125,000 Change: +22% Conversion: Easy
- AUTO REPAIR, GARAGE
- $10,850,000 Change: +19% Conversion: Difficult
- OFFICE BUILDING
- $10,075,000 Change: +10% Conversion: Easy
- WAREHOUSE, STORAGE
- $8,615,000 Change: -6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Appleton
- County
- Outagamie
- State
- Wisconsin
- Longitude
- -88.3866
- Latitude
- 44.2611
- CBSA code
- 11540
- CBSA name
- APPLETON, 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
$151,484
$463,500
$8,862,000
$9,325,500
-
$488,526
$9,340,493
$9,829,019
