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    2009 Memorial Dr Appleton, WI 54915-1222
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    Property profile & analytics

    2009 Memorial Dr Appleton, WI 54915-1222


    • Commercial real estate
    • 4,992 SF
    • 0.61 lot acres
    Off-Market
    Last Sale Jun 7, 2024
    $540,000
    Property ID
    US92-1321898
    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.

    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    6.7%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Kiecker Emmy / Physician
    • Magnolia Skin & Beauty / Spa & Massage Center
    • Arched ink / Medical Clinic / Skin Care Clinic
    • Clean Slate Aesthetics LLC / Hair Salon / Nail Salon
    • Dr. Dean A. Gruner, MD / Pediatrician / Physician

    Property Details for 2009 Memorial Dr

    Year built
    1984
    Lot size
    0.61 lot acres
    Property size
    4,992 SF
    Zone code
    C2
    Property type
    Commercial real estate
    APN
    31-8-2200-00
    APU
    318220000

    Description

    This fully remodeled 9,988 square foot commercial property in Appleton, Wisconsin, presents a unique investment opportunity. Situated on a 0.96-acre lot at a high-traffic intersection, this building boasts exceptional visibility and convenient access to Highway 441 and the Fox Valley area. The durable brick exterior houses a spacious interior, recently renovated throughout both the main and lower levels. The property includes a large parking lot with 49 spaces, ensuring ample parking for employees and clients. Previously utilized as a medical office, the building is equipped with extensive plumbing, a modern seven-zone heating and cooling system, and an elevator for easy access between floors. The interior layout features a welcoming lobby and a shared conference room upon entry, along with multiple bathrooms strategically placed throughout the building. Currently, approximately 1,350 square feet is occupied by a tenant, generating consistent rental income. This property is ideally suited for a variety of businesses seeking a well-maintained, conveniently located space with excellent visibility and ample parking. The combination of its prime location, modern amenities, and existing rental income makes this a compelling investment prospect. The property's size and layout offer flexibility for a variety of commercial uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $540,000
      ML approach
      $540,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $605,000
      6.5%
      $560,000
      7%
      $520,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $420,000
      Market price range: $330k - $957k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $590,000
      Current use
      RETAIL STORES
      $715,000
      Change: +22% Conversion: Easy
      AUTO REPAIR, GARAGE
      $700,000
      Change: +19% Conversion: Difficult
      OFFICE BUILDING
      $650,000
      Change: +10% Conversion: Easy
      WAREHOUSE, STORAGE
      $555,000
      Change: -6% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Appleton
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.416
    Latitude
    44.2436
    CBSA code
    36780
    CBSA name
    OSHKOSH-NEENAH, 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
    $6,540
    $145,100
    $163,200
    $308,300
    -
    $159,685
    $179,605
    $339,290
    More about this property
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