Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2325 Verlin Rd Green Bay, WI 54311

    • Commercial real estate
    • 1.37 lot acres
    For Lease
    View listing
    Last Sale
    Dec 05, 2023
    $765,000
    Value Estimations
    $645,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-0165243
    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.

    Current Use by Public Records

    • Hearing Clinics of Wisconsin / Medical Clinic
    • Novak Agency Inc / Insurance Agency
    • Paragon Solutions, Inc. / Advertising Agency / Marketing & Advertising
    • Executive Office Suites - Verlin / Real Estate Agency
    • Rural Mutual Insurance Agent: Max Destree / Insurance Agency

    Property Details for 2325 Verlin Rd

    Lot size
    1.37 lot acres
    Property type
    Commercial real estate
    APN
    B 87-3
    APU
    B873

    Description

    This exceptional executive office space at 2325 Verlin Rd, located in Brown County, offers a flexible and modern workspace solution. The entire 1,060 square foot building is currently vacant and available for lease, presenting a unique opportunity for a single tenant or multiple businesses seeking individual suites. The property is configured to accommodate various needs, with a minimum divisible space of 60 square feet and a maximum contiguous space of 200 square feet. This allows for businesses of all sizes to find a suitable fit, from solo entrepreneurs to small teams. Tenants can benefit from the convenience and efficiency of a dedicated office space without the overhead of managing a larger property. The building's layout is designed to promote productivity and collaboration, making it an ideal location for professionals seeking a professional and efficient work environment. The address, 2325 Verlin Rd, offers easy access to key transportation routes and amenities, enhancing the overall convenience for employees and clients. This is a prime opportunity to secure a well-located, versatile office space in a desirable Brown County location. Contact us today to schedule a viewing and discuss your specific office space requirements. The entire 1,060 square feet is available for lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $525,000
      ML approach
      $525,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Green Bay
    County
    Brown
    State
    Wisconsin
    Longitude
    -87.967
    Latitude
    44.4704
    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
    $10,376
    $152,600
    $480,600
    $633,200
    -
    $0.00
    $0.00
    $807,000

    Comparable in this City

    • Value Estimation by Request
      4.21 Acres

      Guns Rd

      Land • 4.21 Acres
      0 Guns Rd, Bellevue, WI 54311
      View Details
    • Value Estimation by Request
      18.03 Acres

      4993 Humboldt Rd

      COMMERCIAL (GENERAL) • 18.03 Acres
      4993 Humboldt Rd, Green Bay, WI 54311-9556
      View Details
    • Value Estimation by Request
      1.22 Acres

      2071 Central Dr

      COMMERCIAL (GENERAL) • 1.22 Acres
      2071 Central Dr, Green Bay, WI 54311
      View Details
    • Value Estimation by Request
      15.51 Acres

      2355 Costco Way, Unit 2375

      COMMERCIAL (GENERAL) • 15.51 Acres
      2355 Costco Way, Green Bay, WI 54311-9206
      View Details
    • Value Estimation by Request
      1.73 Acres

      1890 Donbea St

      COMMERCIAL (GENERAL) • 1.73 Acres
      1890 Donbea St, Green Bay, WI 54311-6225
      View Details
    • Value Estimation by Request
      225.80 Acres

      2300 Klondike Rd, Unit 2400

      COMMERCIAL (GENERAL) • 225.80 Acres
      2300 Klondike Rd, Green Bay, WI 54311-6934
      View Details

    Similar Nearby for Sale

    • $375,000
      4.21 Acres

      Prime Green Bay Commercial Land

      4.2 Acres, C1 Zoning, High Visibility
      0 Guns Rd, Bellevue, WI 54311
      View Details
    • $275,681
      4.24 Acres

      Green Bay Commercial Land - 4.24 Acres

      Prime Commercial Lot, I-43 Business Park, Green Bay
      1301 Huron Rd, Green Bay, WI 54311
      View Details
    • Contact for pricing
      2.00 Acres

      Bellevue Retail Land - Last Pad Site

      Prime 2-acre commercial lot, Hwy 172 access.
      GV County Hwy, Green Bay, WI 54311
      View Details
    • $299,000
      1.75 Acres

      1.75 Acres Green Bay Commercial Land

      Prime Green Bay commercial lot, 1.75 acres, near I-43.
      0 Voyager Dr, Green Bay, WI 54311
      View Details
    • Contact for pricing
      9.50 Acres

      Landmark Blvd

      Land • 9.50 Acres
      0 Landmark Blvd, Bellevue, WI 54311
      View Details
    • $398,440
      11.43 Acres

      Prime Commercial Land, Bellevue, WI

      11.43 Acres, Hwy 29 Visibility
      0 Kewaunee Rd, Green Bay, WI 54311
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,000 SF

      Bellevue Retail Opportunity: Prime Location

      Retail development, flexible spaces, high-traffic area.
      GV County Rd, De Pere, WI 54311
      View Details
    • Contact for pricing
      360 SF

      Green Bay Office Space Available

      Well-maintained office space with ample parking near Interstate 43.
      840 Challenger Dr, Green Bay, WI 54311
      View Details
    • Contact for pricing
      2,750 SF

      Class A Office Space

      Multi-tenant office building in Interstate 43 Business Park.
      1110 Kepler Dr, Green Bay, WI 54311
      View Details
    • Contact for pricing
      1,060 SF

      Executive Suites, Verlin Road

      Brown County Office Space Available Now
      2325 Verlin Rd, Green Bay, WI 54311
      View Details
    • $15 SF/Yr
      7,410 SF

      Green Bay Medical Office Building

      7,410 SF Office Space, Ample Parking
      2679 Continental Dr, Green Bay, WI 54311
      View Details
    • $3,000,000
      144 SF

      Furnished Office Space Available

      Class A office space near University of Wisconsin Green Bay.
      2571 S Hemlock Rd, Green Bay, WI 54311
      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.
    2325 Verlin Rd
    Green Bay, WI 54311
    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.