2020 Innovation Ct, De Pere, WI 54115-6009
- Office buildings
- 175,271 SF
- 17.86 lot acres
Current Use by Public Records
- Landmark Health / Medical Group
Property Details for 2020 Innovation Ct
- Year built
- 2021
- Lot size
- 17.86 lot acres
- Property type
- Office buildings
- APN
- WD D0036-2
- APU
- WDD00362
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 22, 2022 | $36,885,000 | Et Green Bay LLC | Innovation Properties Two LLC | Special Warranty Deed | — |
Description
This exceptional Class A office building, located at 2020 Innovation Court in De Pere, Wisconsin, offers 87,000 square feet of vacant space in a 161,123 square foot building. Currently, one contiguous space of 43,500 square feet is available for lease, representing a significant portion of two floors that have never been occupied. The building boasts a prime location adjacent to the US Highway 41/141 freeway ramp, providing convenient access for employees and clients. Its proximity to Austin Straubel Airport further enhances its appeal. This state-of-the-art facility offers a modern and efficient workspace, ideal for businesses seeking a prestigious address. On-site amenities include a cafeteria, exercise facility, and training facility available for lease on the first floor. The building's modern design and amenities, combined with its convenient location and the availability of a large, contiguous block of never-before-occupied space, present a unique opportunity for a discerning tenant. The property is situated in Brown County, Wisconsin, with a zip code of 54115. This is a rare chance to secure a substantial, high-quality office space in a desirable location. The building's multiple tenancy structure allows for flexibility and scalability.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $25,935,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $36,175,000
- 6.5%
- $33,395,000
- 7%
- $31,010,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $25,934,000
- AI Estimate
- $25,136,000
Market price range: $4.90M - $25.9MMarket price range: $7.80M - $25.9M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $18,515,000 Current use
- RESTAURANT
- $30,325,000 Change: +64% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $23,145,000 Change: +25% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- De Pere
- County
- Brown
- State
- Wisconsin
- Longitude
- -88.1223
- Latitude
- 44.4224
- CBSA code
- 24580
- CBSA name
- GREEN BAY, WI METROPOLITAN STATISTICAL AREA
