Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2300 Capitol Dr Appleton, WI 54911-8730

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2300 Capitol Dr Appleton, WI 54911-8730

    View on Map
    • Commercial real estate
    • 107,202 SF
    • 39.98 lot acres
    Off-Market
    Last Sale Jan 15, 2025
    $507,700
    Property ID
    US92-0563037
    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
    $780,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Guardian Life Insurance Co-America / Insurance Agency
    • ATM / Atm

    Property Details for 2300 Capitol Dr

    Year built
    1990
    Lot size
    39.98 lot acres
    Property size
    107,202 SF
    Zone code
    C2
    Property type
    Commercial real estate
    APN
    31-1-6601-00
    APU
    311660100

    Description

    This exceptional Class A office building, situated in Appleton's prestigious Northeast Business Park, presents a remarkable sublease opportunity. Boasting 34,270 square feet of vacant space within a 107,202 square foot building, this three-story structure offers a modern and efficient workspace. Built in 1990 and extensively renovated in 2021, the property features a glass exterior, ample asphalt parking, and excellent visibility to Interstate 41, a major thoroughfare with 53,000 vehicles passing daily. Its strategic location provides easy access to Highway 441, placing it within a 15-minute radius of Appleton International Airport and within 30 minutes of both Green Bay and Oshkosh. The building's interior includes multiple conference rooms, a dedicated town hall area, and an open workspace design that maximizes natural light. The property benefits from its location in a thriving business park with extensive green space and high traffic counts of 20,763 vehicles per day at the nearby intersection of Capitol Drive and N. Ballard Road. This single-tenant space is ideal for businesses seeking a modern, well-located, and easily accessible office environment in the heart of Appleton, Wisconsin. The property's address is 2300 E. Capitol Drive, Appleton, WI 54911.

    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
    Appleton
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.3714
    Latitude
    44.2961
    CBSA code
    11540
    CBSA name
    APPLETON, 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
    $200,309
    $5,224,600
    $7,105,400
    $12,330,000
    -
    $5,506,696
    $7,489,048
    $12,995,744

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      Richmond St

      COMMERCIAL (GENERAL) • 0.25 Acres
      Richmond St, Appleton, WI 54911
      View Details
    • Value Estimation by Request
      0.19 Acres

      2900 Meade St

      COMMERCIAL (GENERAL) • 0.19 Acres
      2900 Meade St, Appleton, WI 54911-1579
      View Details
    • Value Estimation by Request
      1.38 Acres

      Progress Dr

      COMMERCIAL (GENERAL) • 1.38 Acres
      Progress Dr, Appleton, WI 54911
      View Details
    • Value Estimation by Request
      0.17 Acres

      Wisconsin Ave

      COMMERCIAL (GENERAL) • 0.17 Acres
      Wisconsin Ave, Appleton, WI 54911
      View Details
    • Value Estimation by Request
      0.17 Acres

      Wisconsin Ave

      COMMERCIAL (GENERAL) • 0.17 Acres
      Wisconsin Ave, Appleton, WI 54911
      View Details
    • Value Estimation by Request
      0.01 Acres

      2101 Wisconsin Ave

      COMMERCIAL (GENERAL) • 0.01 Acres
      2101 Wisconsin Ave, Appleton, WI 54911
      View Details

    Similar Nearby for Sale

    • $91,200
      49,934 SF

      Downtown Appleton Commercial Space

      Prime Appleton location, event-ready space.
      200 College Ave, Appleton, WI 54911
      View Details
    • $325,000
      1,728 SF

      Downtown Appleton Commercial Space

      Prime location, high-traffic area, great potential.
      222 State St, Appleton, WI 54911
      View Details
    • $800,000
      9,120 SF

      1336 Ballard Rd, Appleton, WI 54911

      Commercial real estate • 9,120 SF
      1336 Ballard Rd, Appleton, WI 54911
      View Details
    • Contact for pricing

      Turn-Key Retail Operation

      Retail property for sale, turn-key operation.
      200 E Washington St, Appleton, WI 54911
      View Details
    • $16,000,000
      59,010 SF

      Class A Office Building Opportunity

      Premier office building in prime Fox Valley location for sale.
      425 Better Way, Appleton, WI 54911
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      1,829 SF

      Downtown Appleton Office Condo

      Class A Office Suite, 1829 SF, Single Tenant
      122 College Ave, Appleton, WI 54911
      View Details
    • Contact for pricing

      Iconic Blue Building on Richmond

      Well-located office building surrounded by dense commercial properties.
      225 N Richmond St, Appleton, WI 54911
      View Details
    • Contact for pricing
      786 SF

      Downtown Second Floor Office Space

      Downtown office space with open workspaces, private offices, and amenities.
      338-344 W College Ave, Appleton, WI 54911
      View Details
    • Contact for pricing
      2,000 SF

      Turn-Key Restaurant Space Available

      Restaurant space with commercial kitchen equipment included, available December.
      2725-2731 N Meade St, Appleton, WI 54911
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space For Rent

      4,000 square feet of retail space available for lease.
      322 W College Ave, Appleton, WI 54911
      View Details
    • $12 SF/Yr
      1,525 SF

      Northland Avenue Office Space Available

      Office space for rent in high-traffic Appleton location.
      320 W Northland Ave, Appleton, WI 54911
      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.
    2300 Capitol Dr
    Appleton, WI 54911-8730
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!