Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2350 Casaloma Dr Appleton, WI 54913-8215

    Property Lookup

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

    2350 Casaloma Dr Appleton, WI 54913-8215

    View on Map
    • Retail space
    • 13,600 SF
    • 4.00 lot acres
    Off-Market
    Last Sale Aug 30, 2024
    $2,300,000
    Property ID
    US92-2031294
    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
    $2,300,000
    Show details
    Cap Rate Potential
    7.6%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Total MSP / Gas Station
    • Midwestern Wheels, Inc. / Corporate Office
    • Business Lending Group LLC / Loan Service
    • Drycleaners / (Bike/Boat/Book/etc) Store
    • Allstate Insurance - Jerry Ratajczak / Insurance Agency

    Property Details for 2350 Casaloma Dr

    Year built
    2001
    Lot size
    4.00 lot acres
    Property size
    13,600 SF
    Property type
    Retail space
    APN
    10-1-0882-05
    APU
    101088205

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,300,000
      ML approach
      $2,300,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,930,000
      6.5%
      $2,705,000
      7%
      $2,510,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,927,000
      Market price range: $828k - $2.93M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,950,000
      Current use
      RESTAURANT
      $2,550,000
      Change: +31% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,900,000
      Change: -2% Conversion: Difficult
      OFFICE BUILDING
      $1,765,000
      Change: -9% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Appleton
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.4716
    Latitude
    44.2814
    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
    $51,981
    $381,200
    $2,605,900
    $2,987,100
    -
    $494,262
    $3,378,798
    $3,873,060

    Comparable in this City

    • Value Estimation
      $2,005,000
      14,748 SF

      1305 Casaloma Dr

      RETAIL STORES (PERSONAL SERVICES) • 14,748 SF
      1305 Casaloma Dr, Appleton, WI 54913-8848
      View Details
    • Value Estimation
      $1,620,000
      14,687 SF

      133 Mall Dr

      RETAIL STORES (PERSONAL SERVICES) • 14,687 SF
      133 Mall Dr, Appleton, WI 54913-8531
      View Details
    • Value Estimation
      $3,030,000
      32,312 SF

      1170 Mayflower Dr

      RETAIL STORES (PERSONAL SERVICES) • 32,312 SF
      1170 Mayflower Dr, Appleton, WI 54913
      View Details
    • Value Estimation
      $1,455,000
      4,864 SF

      1401 Casaloma Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,864 SF
      1401 Casaloma Dr, Appleton, WI 54913-8802
      View Details
    • Value Estimation
      $1,530,000
      12,698 SF

      1853 Casaloma Dr

      RETAIL STORES (PERSONAL SERVICES) • 12,698 SF
      1853 Casaloma Dr, Appleton, WI 54913-7980
      View Details
    • Value Estimation
      $815,000
      6,840 SF

      5150 Integrity Way

      RETAIL STORES (PERSONAL SERVICES) • 6,840 SF
      5150 Integrity Way, Appleton, WI 54913-9122
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Center Near Fox River Mall

      Retail spaces available in high-traffic, Petco/Guitar Center anchored center.
      711 Casaloma Dr, Appleton, WI 54913
      View Details
    • Contact for pricing

      Former Sears Box For Sale

      Former Sears box available for sale or for lease.
      4301 W Wisconsin Ave, Appleton, WI 54913
      View Details
    • $829,620
      16.76 Acres

      Appleton Industrial Land - 16 Acres

      Prime Commercial/Industrial Land, Appleton, WI
      0 Neubert Rd, Appleton, WI 54913
      View Details
    • Contact for pricing

      Commercial Site in Retail Corridor

      Commercial land for sale in Grand Chute retail area.
      1941 N Westfield Dr, Appleton, WI 54913
      View Details
    • $500,000

      Commercial Land Near Airport

      Land ideal for development in high-traffic commercial district.
      4800-4820 W Packard St, Appleton, WI 54913
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space with High Ceilings

      Retail space featuring 18-foot ceilings and ample parking.
      4803 W Michaels Dr, Appleton, WI 54913
      View Details
    • Contact for pricing
      3,285 SF

      Retail Space Near Fox River

      3,285 SF retail space across from Fox River Mall.
      405-421 N Casaloma Dr, Appleton, WI 54913
      View Details
    • $14 SF/Yr
      6,000 SF

      Retail Space Near Fox River

      Retail space in high-traffic Appleton location near Fox River.
      4731-4737 W Michaels Dr, Appleton, WI 54913
      View Details
    • Contact for pricing

      End Cap Retail Suite Available

      Retail space with expansive patio and floor-to-ceiling windows.
      5100-5120 W Michaels Dr, Grand Chute, WI 54913
      View Details
    • $11 SF/Yr
      6,264 SF

      Appleton Retail/Office Space Available

      Multi-tenant retail/office space in a high-traffic Appleton location.
      2021-2025 N Casaloma Dr, Appleton, WI 54913
      View Details
    • Contact for pricing

      Appleton Commercial Office and Retail

      Commercial office building with retail space for lease in Appleton.
      1600 N Casaloma Dr, Appleton, WI 54913
      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.
    2350 Casaloma Dr
    Appleton, WI 54913-8215
    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!