Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2015 Shawano Ave Green Bay, WI 54303-2606
    Property profile & analytics

    2015 Shawano Ave, Green Bay, WI 54303-2606

    View on Map
    • Commercial real estate
    • 15.62 lot acres
    Off-Market
    Property ID
    US92-3298094
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ALLISON MARIE COMBS / Physician
    • Great Clips / Hair Salon
    • CVS Pharmacy / Pharmacy
    • Meijer Bakery / Bakery / Specialty Food Shop
    • Meijer Deli / Food Market / Restaurant

    Property Details for 2015 Shawano Ave

    Lot size
    15.62 lot acres
    Property type
    Commercial real estate
    APN
    VH 623-6
    APU
    VH6236

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 17, 2015 — Meijer Stores LP Dastmj LLC Quit Claim Deed · related —
    Jul 16, 2015 $6,425,000 Meijer Stores LP Dastmj LLC Warranty Deed —
    Jan 7, 2008 $2,300,000 Dastmj LLC Dix,bruce R Warranty Deed —
    — — Dastmj LLC — Deed Of Trust · related $2.3M · Daniel A Schmidt

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Green Bay
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.077
    Latitude
    44.5352
    CBSA code
    24580
    CBSA name
    GREEN BAY, 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
    $293,918
    $7,448,100
    $11,906,800
    $19,354,900
    -
    $0.00
    $0.00
    $21,671,600

    Comparable in this City

    • Value Estimation by Request
      100,179 SF

      2250 Mason St

      Retail properties & Spaces
      2250 Mason St, Green Bay, WI 54303
      View Details
    • Value Estimation by Request
      18.69 Acres

      2300 Woodman Dr

      COMMERCIAL (GENERAL)
      2300 Woodman Dr, Green Bay, WI 54303-6207
      View Details
    • Value Estimation by Request
      2.52 Acres

      2360 Duck Crk Pkwy

      COMMERCIAL (GENERAL)
      2360 Duck Crk Pkwy, Green Bay, WI 54303-3300
      View Details
    • Value Estimation by Request
      0.15 Acres

      609 1st St

      COMMERCIAL (GENERAL)
      609 1st St, Green Bay, WI 54303
      View Details
    • Value Estimation by Request
      5.03 Acres

      412 Taylor St

      COMMERCIAL (GENERAL)
      412 Taylor St, Green Bay, WI 54303-2518
      View Details
    • Value Estimation by Request
      0.09 Acres

      115 Pearl St

      COMMERCIAL (GENERAL)
      115 Pearl St, Green Bay, WI 54303
      View Details

    Similar Nearby for Sale

    • New
      $354,900
      1,456 SF

      Duplex with Three Garage Spaces

      Move-in ready duplex offering two 2-bedroom, 1-bath units with central air and separate utilities.
      1395 Western Ave, Green Bay, WI 54303
      View Details
    • Contact for pricing
      5,700 SF

      High-Traffic Retail Investment Opportunity

      Retail building in established commercial corridor with high visibility.
      1620 W Mason St, Green Bay, WI 54303
      View Details
    • Contact for pricing
      0.16 Acres

      Green Bay City Lot

      Partially wooded corner lot near downtown Green Bay and stadium.
      613 11Th Ave, Green Bay, WI 54303
      View Details
    • Contact for pricing

      High-Visibility Commercial Lot For Sale

      Commercial lot with high visibility and strong traffic flow.
      510 Lambeau St, Green Bay, WI 54303
      View Details
    • $425,000
      2,484 SF

      Remodeled Duplex in Howard

      Newly remodeled duplex with excellent ROI and rental history.
      2516 N View Ct, Green Bay, WI 54303
      View Details
    • $229,900
      1,990 SF

      Duplex with Upper and Lower Units

      Two-residence duplex with a 3-bedroom upper unit and a 2-bedroom lower unit featuring vaulted ceilings.
      918 Division St, Green Bay, WI 54303
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Workspace Solutions Available

      Flexible office spaces with various options and amenities.
      2149 Velp Ave 1 &, Green Bay, WI 54303
      View Details
    • Contact for pricing

      Professional Office Suites Available

      Office suites with flexible layouts, natural light, and included utilities.
      1345 W Mason St, Green Bay, WI 54303
      View Details
    • Contact for pricing

      WI, Green Bay - Velp Ave.

      Discover many ways to work your way in WI, Green Bay - Velp Ave.
      2149 Velp Ave. 1 &, Green Bay, WI 54303
      View Details
    • Contact for pricing

      WI, Green Bay - Broadway

      Workspaces, services and support to help you grow your business in OH, Columbus - Broad St
      540 Broadway, Green Bay, WI 54303
      View Details
    • Contact for pricing
      3,000 SF

      Flex Space with Shop Space

      Flex space featuring showroom, office, bathroom, and shop area.
      1760 Velp Ave, Green Bay, WI 54303
      View Details
    • Contact for pricing
      5,200 SF

      Renovated Retail Space on Broadway

      Recently renovated retail space in Green Bay's historic district.
      128-142 N Broadway, Green Bay, WI 54303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2015 Shawano Ave
    Green Bay, WI 54303-2606
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2015 Shawano Ave, Green Bay, WI, 54303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!