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Property profile & analytics
OFF-MARKET
Estimated value
$2,920,000
Retail space
201 College Ave 207 Appleton, WI 54911-5767
Entity Owned
7-yr Hold
Free & Clear
Property ID
US92-1321738
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Total area
26,416 SF
Lot
0.38 ac (16,435 SF)
Zoning code
CBD
APN
31-2-0031-00
UPID
US92-1321738
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
-
Nicolet National Bank Bank Loan Service
-
Gabriel Lofts Apartment Building
-
Kōderē Salon Hair Salon
-
Voyageurs Bakehouse - Appleton Bakery Specialty Food Shop
-
Kōdərē Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.86M
Blend (final)
Blend
$2.92M
Owner & transaction history
Gabriel Lofts LLC · 7 yrs held
Gabriel Lofts LLC
since 2019
5 recorded transactions
Zoning & alternative use
CBD · Appleton, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.7M
+80.5%
Office building
$3.4M
+67.6%
Warehouse, storage
$2.9M
+43.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Appleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Appleton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,045,000
Current use
AUTO REPAIR, GARAGE
$3,690,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$3,430,000
Change: +68% · Conversion: Easy
WAREHOUSE, STORAGE
$2,935,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,500,000
Change: +22% · Conversion: Easy
RESTAURANT
$1,900,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$75,681
Tax year 2023
Assessed value
$4,660,800
Assessed 2023
Previous assessed
$4,300,000
+8.4% YoY
Effective rate
1.62%
On assessed value
Assessed land
$381,300
Assessed improvement
$4,279,500
Land market value
$401,888
Improvement market value
$4,510,566
Total market value
$4,912,454
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Heating
HOT WATER
Cooling
YES
Stories
3
Units
21
Rooms
63
Total area
26,416 SF
Lot
0.38 ac (16,435 SF)
Zoning code
CBD
APN
31-2-0031-00
UPID
US92-1321738
Jurisdiction
OUTAGAMIE
Zoning & alternative use
CBD · Appleton, WI
Zoning CBD · permitted uses
CBD · Appleton, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Appleton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT
Est. value
$1.9M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1923
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
21
Rooms
63
Lot
0.38 ac
Current owner
From public records · entity-resolved
Gabriel Lofts LLC
Entity
Free & Clear · 7 yrs held
Mailing address
229 E WASHINGTON ST, APPLETON, WI 54911-5449
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2019
$1,275,000
Gabriel Lofts LLC
Joseph C Wells
Warranty Deed
—
—
—
Joseph C Wells
—
Deed Of Trust
related
$50,000 · American Nat'l Bank Fox Cities
—
—
Joseph C Wells
—
Deed Of Trust
related
$50,000 · American Nat'l Bank Fox Cities
—
—
Joseph C Wells
—
Deed Of Trust
related
$200,000 · American Nat'l Bank Fox Cities
—
—
Gabriel Lofts LLC
—
Loan Modification
related
$4,700,000 · Community First FCU
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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