2600 Richmond St Appleton, WI 54911-1956
Commercial real estate
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Entity Owned
Absentee Owner
~
Est. High Equity
For Lease
1 / 3
Contact for pricing
2600 Richmond St, Appleton, WI 54911-1956
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Estimated value (blended)
$345k
Range $311k – $380k (±10%)
Property ID
US92-0497218
Property summary
AI-generated overview
This exceptional 2,200 square foot medical or dental office space is available for lease in a prime Appleton, Wisconsin location at 2600 N Richmond St, 54911. The space is part of a larger 5,040 square foot multi-tenant building boasting excellent visibility and convenient access to Interstate 41. This high-traffic area sees 17,944 vehicles daily, ensuring significant exposure for your business. The building enjoys a strong tenant base, including Fenix Pest Control and a residential tenant, creating a thriving and established community. The surrounding area is rich with retail businesses, providing ample amenities and foot traffic for your practice. This is an ideal opportunity for a medical or dental professional seeking a well-located, readily available space to establish or expand their practice. The space is ready for immediate occupancy. The building offers ample parking and is easily accessible for patients and staff. Don't miss this chance to secure a prominent location in a bustling commercial area.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Total area
5,922 SF
Lot
0.46 ac (20,168 SF)
Zoning code
C2
APN
31-6-7693-00
UPID
US92-0497218
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dental Office
-
Physician
-
Alternative Medicine Practice Acupuncture
-
Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$345k
Owner & transaction history
since 2026
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
C2 · Appleton, WI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 8 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$345k
Value range
$311k – $380k
±10% around blend
Estimated value / SF
$58 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
80
Income certainty
100
$311k
blend $345k
$380k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,922 SF
Lot area
0.46 ac
Year built
1970
Stories
2
APN
31-6-7693-00
Assessed value
$352,800
Annual tax
$5,674
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$5,674
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$782k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.0 mi away · 4,692 SF
2.1 mi away · 5,546 SF
2.4 mi away · 5,886 SF
2.4 mi away · 6,128 SF
2.5 mi away · 6,396 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$345k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 112 sales
$95
-38%
Submarket 233 sales
$112
-48%
County 234 sales
$115
-49%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $58/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
74,286.67%
Selected cap rate for this commercial real estate
Derived from the Appleton market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$11k *
Last sale · Jan 2026
$1.30M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$14
Move the market yield to see immediate price impact.
Value / SF
$0
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
74,286.17%74,286.67%74,287.17%
$10k
$13
$13
$13
$11k
$15
$14
$14
$12k
$16
$16
$16
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$1.09M
1.9 mi · Feb 2026 · $145/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,674
Tax year 2023
Assessed value
$352,800
Assessed 2023
Previous assessed
$328,500
+7.4% YoY
Effective rate
1.61%
On assessed value
Assessed land
$136,100
Assessed improvement
$216,700
Land market value
$143,449
Improvement market value
$228,400
Total market value
$371,849
Applied tax rate
201.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1970
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
5,922 SF
Lot
0.46 ac (20,168 SF)
Zoning code
C2
APN
31-6-7693-00
UPID
US92-0497218
Jurisdiction
OUTAGAMIE
Zoning & alternative use
C2 · Appleton, WIZoning C2 · permitted uses
C2 · Appleton, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.46 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Appleton, WI
Recorded code
C2
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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