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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Investment properties
307 Commercial St Neenah, WI 54956-2618
Entity Owned
Free & Clear
Property ID
US92-3057626
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1873
Total area
7,651 SF
Lot
0.32 ac (13,913 SF)
Zoning code
C2;CENTRAL BUSINESS
APN
03-0055-0000
UPID
US92-3057626
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
Current use
Occupant on record · Public records
-
Bruce Westphal - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
GIRLS ON THE RUN NORTHEAST WISCONSIN Charitable Organization Social Service Agency
-
Todd M. Shulfer, DC Alternative Medicine Practice
-
Dunn and Apell Accounting & Tax Prep Tax Preparation
-
Nature's Pathways Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$505k
Owner & transaction history
JERSILD PROPERTY LLC
JERSILD PROPERTY LLC
Zoning & alternative use
C2;CENTRAL BUSINESS · Neenah, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$745,000
+58.2%
Apartment house (5+ units)
$700,000
+48.6%
Retail stores
$495,000
+5.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$470,000
Current use
OFFICE BUILDING
$745,000
Change: +58% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$700,000
Change: +49% · Conversion: Moderate
RETAIL STORES
$495,000
Change: +6% · Conversion: Easy
INDUSTRIAL (GENERAL)
$420,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
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
$66 / 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
$8,203
Tax year 2023
Assessed value
$516,500
Assessed 2023
Previous assessed
$460,000
+12.3% YoY
Effective rate
1.59%
On assessed value
Assessed land
$76,500
Assessed improvement
$440,000
Land market value
$76,413
Improvement market value
$439,498
Total market value
$515,911
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1873
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
7,651 SF
Lot
0.32 ac (13,913 SF)
Zoning code
C2;CENTRAL BUSINESS
APN
03-0055-0000
UPID
US92-3057626
Jurisdiction
WINNEBAGO
Zoning & alternative use
C2;CENTRAL BUSINESS · Neenah, WI
Zoning C2;CENTRAL BUSINESS · permitted uses
C2;CENTRAL BUSINESS · Neenah, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Neenah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$470,000
OFFICE BUILDING
Est. value
$745,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$700,000
RETAIL STORES
Est. value
$495,000
INDUSTRIAL (GENERAL)
Est. value
$420,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
INDUSTRIAL (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
1873
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
JERSILD PROPERTY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 544, NEENAH, WI 54957-0544
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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