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Property profile & analytics
OFF-MARKET Estimated value $550,000
Retail space

1930 Mason St Green Bay, WI 54302-3923

4,872 SF 0.58 ac lot Built 1982
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US92-1044834
Property summary
AI-generated overview

This exceptional commercial investment opportunity presents a 4,872 square foot, single-story building situated on a 0.57-acre lot in Green Bay, Wisconsin. Located at 1930 E Mason St, this property boasts a prime location at a high-traffic intersection. The building, constructed in 1982, is zoned Commercial One and currently houses two businesses operating under Net Lease (NNN) agreements, offering a diversified income stream. One tenant is a national fast-food chain, and the other is a local specialty retailer. The property generates a substantial Net Operating Income (NOI) of $62,436 annually, with an asking price of $725,000, resulting in a price per square foot of $148.81. The property's strong tenant base, combined with its strategic location in a rapidly developing area, makes this an attractive investment opportunity with significant potential for future growth. The property features two units and benefits from high visibility due to its corner location. This is a rare chance to acquire a well-established, income-producing asset in a thriving market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,872 SF
Lot 0.58 ac (25,134 SF)
Zoning code C1
APN 21 1355
UPID US92-1044834
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
  • Papa John's Pizza Restaurant
  • GENERATIONS VAQUERO SHOP (Bike/Boat/Book/etc) Store
  • Generations Vaquero Shop LLC Clothing & Fashion Store
  • RIZE Nutrition Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$372k
Blend (final) Blend
$550k
Owner & transaction history
Titan Property LLC · 3 yrs held
Titan Property LLC
since 2023
Last sale
$700,000
3 recorded transactions
2023
$700,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Green Bay, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C1 General Commercial is intended for use along the City's primary commercial corridors where moderate-intensity retail, office, and service uses are planned. Businesses that typically involve outdoor display, storage, and/or sales, motor vehicle repair, and other intensive or outdoor uses are discouraged

Zone name Commercial One
General category COMMERCIAL
Zone area 848.41 ac
Source Realmo
Top alternative use upside
Auto repair, garage $660,000 +78.6%
Office building $620,000 +67.6%
Commercial (general) $515,000 +38.6%
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