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Property profile & analytics
OFF-MARKET Estimated value $625,000
Outlet malls

1913 Northland Ave Appleton, WI 54911-8438

5,520 SF 0.57 ac lot Built 1966
Entity Owned 5-yr Hold Free & Clear
Property ID
US92-0021989
Property summary
AI-generated overview

This exceptional Class A office building, totaling 5,560 square feet, is strategically located at the signalized intersection of Northland Avenue and N. Ballard Road in Appleton, Wisconsin. Boasting 207 feet of frontage on Northland Avenue, this property offers unparalleled visibility and accessibility. The building underwent a complete renovation in 2022. Its prime location benefits from a combined daily traffic count exceeding 106,000 vehicles, with proximity to Interstate 41 (76,200 VPD) and Highway 441, ensuring high traffic exposure. The 0.57-acre lot is zoned for commercial use (APN: 311655005). This property is ideally suited for businesses seeking high visibility and convenient access to major transportation arteries. The building's location places it within two miles of Interstate 41 and one mile of Highway 441. Thriving neighboring businesses include Community First Credit Union, Club Car Wash, National Graphic Solutions, and Pick 'n Save, contributing to a strong commercial environment. The asking price is $950,000, translating to $170.86 per square foot. This presents a unique opportunity to acquire a renovated, high-profile office space in a dynamic Appleton location.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1966
Total area 5,520 SF
Lot 0.57 ac (24,633 SF)
Zoning code C2
APN 31-1-6550-05
UPID US92-0021989
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
  • The Market Place Real Estate Agency
  • MJI Building Services, LLC Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$598k
Blend (final) Blend
$625k
Owner & transaction history
Mji Investments LLC · 5 yrs held
Mji Investments LLC
since 2020
Last sale
$800,000
7 recorded transactions
2020
$350,000
2019
Price N/A
2017
Price N/A
2012
Price N/A
2009
Price N/A
2007
$560,000
1969
Price N/A
Zoning & alternative use
C2 · Appleton, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $770,000 +80.5%
Office building $715,000 +67.6%
Warehouse, storage $615,000 +43.4%
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