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Property profile & analytics
OFF-MARKET
Commercial real estate
2150 American Dr Neenah, WI 54956-1004
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-0945857
Property summary
AI-generated overview
This 7,805-square-foot industrial property, built in 1978, is ideally situated in Neenah, Wisconsin, within Winnebago County. The single-tenant building offers a versatile layout suitable for flex, manufacturing, or distribution uses. Its prime location on American Drive ensures high visibility and convenient access to Interstate 41 and Highway 10, situated just one mile from the interstate. The property features one loading dock and three drive-in doors (two measuring 12' x 12' and one 9' x 10'). Clear heights range from 12' to 15'. Additional features include pylon and building signage, floor drains, and ample opportunity for further buildout or renovation based on tenant needs. This property presents a unique opportunity for businesses seeking a well-located, adaptable industrial space in a thriving Wisconsin community. The zip code is 54956.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.62 ac (27,007 SF)
APN
121-0133
UPID
US92-0945857
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
-
Homite Water Conditioning Inc Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jgtk LLC · 1 yrs held
Jgtk LLC
since 2024
Last sale
$295,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Neenah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Neenah 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,854
Tax year 2023
Assessed value
$278,400
Assessed 2023
Previous assessed
$247,100
+12.7% YoY
Effective rate
1.38%
On assessed value
Assessed land
$38,200
Assessed improvement
$240,200
Land market value
$39,669
Improvement market value
$249,436
Total market value
$289,105
Applied tax rate
121.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
YES
Lot
0.62 ac (27,007 SF)
APN
121-0133
UPID
US92-0945857
Jurisdiction
WINNEBAGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
YES
Lot
0.62 ac
Current owner
From public records · entity-resolved
Jgtk LLC
Entity
Mailing address
3816 VELP AVE STE #4, GREEN BAY, WI 54313-7120
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
—
Jgtk LLC
—
Deed
related
$69,000 · Blc Community Bank
Nov 6, 2024
$295,000
Jgtk LLC
A O Smith Water Treatment INC
Warranty Deed
$276,000 · Blc Community Bank
Jul 31, 2023
$400,000
Fifty Sixty Enterprises LLC
Big Daddy Rentals LLC
Warranty Deed
—
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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