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

    1981 Midway Rd Menasha, WI 54952-7001

    • Investment properties
    • 7,744 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimations
    $705,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-1988143
    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.

    Current Use by Public Records

    • Kosloske & Associates / Financial Advisor
    • Wisconsin Advantage, LLC / Insurance Agency
    • WebCitz, LLC / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Happy Friday / Alternative Medicine Practice / Spa & Massage Center
    • Yoga Elements / Gym & Fitness Center

    Property Details for 1981 Midway Rd

    Year built
    1997
    Lot size
    0.99 lot acres
    Property size
    7,744 SF
    Zone code
    C3
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    7-00050-04
    APU
    70005004

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $669,000
      Market price range: $209k - $670k

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

    Location Insight

    • Map
    • Local Demand
    City
    Menasha
    County
    Calumet
    State
    Wisconsin
    Longitude
    -88.4016
    Latitude
    44.2288
    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
    $13,736
    $86,000
    $581,900
    $667,900
    -
    $105,197
    $711,793
    $816,990

    Comparable in this City

    • Value Estimation
      $545,000
      8,736 SF

      180 Main St

      STORE/OFFICE (MIXED USE) • 8,736 SF
      180 Main St, Menasha, WI 54952-3377
      View Details
    • Value Estimation by Request
      4,040 SF

      310 Depere St

      STORE/OFFICE (MIXED USE) • 4,040 SF
      310 Depere St, Menasha, WI 54952-2816
      View Details
    • Value Estimation by Request
      3,130 SF

      1295 Appleton Rd

      STORE/OFFICE (MIXED USE) • 3,130 SF
      1295 Appleton Rd, Menasha, WI 54952-1371
      View Details
    • Value Estimation by Request
      2,870 SF

      528 Milwaukee St

      STORE/OFFICE (MIXED USE) • 2,870 SF
      528 Milwaukee St, Menasha, WI 54952-2709
      View Details
    • Value Estimation by Request
      6,592 SF

      320 Konemac St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,592 SF
      320 Konemac St, Menasha, WI 54952-2930
      View Details
    • Value Estimation by Request
      3,172 SF

      163 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,172 SF
      163 Main St, Menasha, WI 54952-3150
      View Details

    Similar Nearby for Sale

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      Residential Land in Menasha, Wisconsin

      Residential land available in Menasha, Wisconsin.
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    • New
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      Prime Commercial Land Opportunity

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    • $81,544
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      Menasha Commercial Land - $81,544

      2.04-acre commercial lot, prime location.
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    • $335,000

      Vacant Land Parcel For Sale

      Vacant land parcel visible from Highway 441 ready for construction.
      2900 Appleton Rd, Menasha, WI 54952
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    • $756,201

      Commercial Land in Growing Area

      Land with utilities, easy highway access, and excellent visibility.
      1269 Oneida St, Menasha, WI 54952
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    • $81,544

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      Commercial land in a rapidly expanding business corridor.
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    Similar Nearby for Lease

    • $3,300 /Mo
      12,400 SF

      Midway Office Park: Menasha, WI

      Prime Office Space, Multiple Options
      1488 Kenwood Dr, Menasha, WI 54952
      View Details
    • $11 SF/Yr
      11,264 SF

      Midway Office Park: Menasha Office Space

      Prime Menasha office suites, various sizes available.
      1478 Kenwood Dr, Menasha, WI 54952
      View Details
    • $7 SF/Yr
      35,250 SF

      Midway Road Warehouse - Menasha, WI

      New 35,250 SF Warehouse, Excellent Location
      733 Midway Rd, Menasha, WI 54952
      View Details
    • $10 SF/Yr
      3,978 SF

      Menasha Office Space Available

      Office space for rent in Menasha, WI with ample parking.
      150 Main St, Menasha, WI 54952
      View Details
    • $11 SF/Yr
      550 SF

      Menasha Office Park Rental Opportunity

      Office space for rent in a convenient Menasha location.
      1488 Kenwood Dr, Menasha, WI 54952
      View Details
    • $12 SF/Yr
      3,024 SF

      Menasha Office Space For Rent

      Spacious office featuring six large offices, conference room, and parking.
      1125 Wittmann Dr, Menasha, WI 54952
      View Details
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    1981 Midway Rd
    Menasha, WI 54952-7001
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    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
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