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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Warehouses
2320 Industrial Dr Neenah, WI 54956-4863
Entity Owned
~
Est. High Equity
Property ID
US92-0964242
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1989
Total area
20,580 SF
Lot
2.8 ac (121,968 SF)
Zoning code
I1;PLANNED IND. PARK
APN
02-1311-0000
UPID
US92-0964242
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$926k
Blend (final)
Blend
$1.08M
Owner & transaction history
J G Custom Cabinetry & Design LLC
J G Custom Cabinetry & Design LLC
since 2025
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
I1;PLANNED IND. PARK · Neenah, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+107.9%
Retail stores
$1.1M
+33.1%
Commercial (general)
$1.0M
+17.2%
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
Method
Estimation
Statistic approach
$1,185,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$855,000
Current use
OFFICE BUILDING
$1,775,000
Change: +108% · Conversion: Difficult
RETAIL STORES
$1,135,000
Change: +33% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,000,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $1.02M (Dec 1 2022)
Last sale anchor
$1.02M
Dec 1 2022
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
$52 / 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
$16,190
Tax year 2023
Assessed value
$1,016,000
Assessed 2023
Previous assessed
$1,144,000
-11.2% YoY
Effective rate
1.59%
On assessed value
Assessed land
$158,000
Assessed improvement
$858,000
Land market value
$157,820
Improvement market value
$857,022
Total market value
$1,014,842
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
YES
Cooling
YES
Stories
1
Total area
20,580 SF
Lot
2.8 ac (121,968 SF)
Zoning code
I1;PLANNED IND. PARK
APN
02-1311-0000
UPID
US92-0964242
Jurisdiction
WINNEBAGO
Zoning & alternative use
I1;PLANNED IND. PARK · Neenah, WIZoning I1;PLANNED IND. PARK · permitted uses
I1;PLANNED IND. PARK · Neenah, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$855,000
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1989
Heating
YES
Cooling
Yes
Stories
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
J G Custom Cabinetry & Design LLC
Entity
Mailing address
10271ST ROSE ELD RD, ROSENDALE, WI 54974-9677
Ownership since
2025
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
Dec 26, 2025
—
J G Custom Cabinetry & Design LLC
J G Custom Cabinetry & Design Re Ll
Deed
related
$1,050,000 · Savco Fund LLC
Nov 14, 2025
—
Petunpa Island Palms LLC
—
Deed
related
$400,000 · Nicolet National Bank
Sep 14, 2023
—
J G Custom Cabinetry & Design Re Ll
—
Deed
related
$450,000 · Nicolet National Bank
Dec 1, 2022
$1,016,000
J G Custom Cabinetry & Design Re Ll
Industrial Drive Property LLC
Warranty Deed
—
Jun 4, 2013
$1,500,000
Industrial Drive Props LLC
Romenesko,donald
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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