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    2983 Lawrence Dr De Pere, WI 54115-9415
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    Property profile & analytics

    2983 Lawrence Dr De Pere, WI 54115-9415


    • Investment properties
    • 3,038 SF
    • 1.27 lot acres
    Off-Market
    Last Sale Dec 10, 2024
    $625,000
    Property ID
    US92-0863553
    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
    $625,000
    Show details
    Cap Rate Potential
    6.1%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Mack's Pub and Grill / Bar & Pub / Restaurant

    Property Details for 2983 Lawrence Dr

    Year built
    1928
    Construction
    FRAME
    Lot size
    1.27 lot acres
    Property size
    3,038 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    L 35-1
    APU
    L351

    Description

    This exceptional commercial property, located at 2983 Lawrence Dr in De Pere, Wisconsin (zip code 54115), presents a unique investment opportunity. The property consists of two buildings on a 1.3-acre lot, zoned for commercial use. The main building, a 4,000 square foot, two-story structure, houses Mack's Pub and Grill, a turnkey restaurant operation. The bar area features two workstations, a point-of-sale system, a full kitchen equipped with a hood and pizza oven, and ample cooler space. The asking price is $650,000, translating to $162.50 per square foot. The second floor includes a spacious, approximately 1,300 square foot, two-bedroom apartment, ideal for rental income or owner occupancy. A separate 2,000 square foot storage building provides additional space. The property enjoys a prime location at the intersection of Interstate 41 and Lawrence Drive in the desirable Town of Lawrence, offering excellent visibility and accessibility. Ample parking is available. This owner/user opportunity combines a thriving restaurant business with significant rental income potential, making it an attractive investment in a high-demand location. The property is classified as Class C with multi-tenancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $625,000
      ML approach
      $625,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $630,000
      6.5%
      $585,000
      7%
      $540,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $451,000
      Market price range: $159k - $452k
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $400,000

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


    Location Insight

    • Map
    • Local Demand
    City
    De Pere
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.1551
    Latitude
    44.3862
    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
    $4,791
    $46,700
    $286,000
    $332,700
    -
    $0.00
    $0.00
    $401,900
    More about this property
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