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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Hotels
3437 Richmond St Appleton, WI 54911-8555
Entity Owned
Free & Clear
Property ID
US92-0880098
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1959
Construction
FRAME
Total area
12,134 SF
Lot
2 ac (87,320 SF)
Zoning code
C2
APN
31-5-9483-08
UPID
US92-0880098
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
-
Snug Inn Motel Hotel & Motel
-
Gideons International Church Mosque
-
Goodman Properties Inc Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$590k
Owner & transaction history
GOODMAN PROPERTIES APPLETON INC
GOODMAN PROPERTIES APPLETON INC
Zoning & alternative use
C2 · Appleton, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$980,000
+3.0%
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 Appleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Appleton 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
$495,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$950,000
Current use
COMMERCIAL (GENERAL)
$980,000
Change: +3% · Conversion: Difficult
RESTAURANT
$930,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$790,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$49 / 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
$11,710
Tax year 2023
Assessed value
$737,700
Assessed 2023
Previous assessed
$546,500
+35.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$556,700
Assessed improvement
$181,000
Land market value
$586,758
Improvement market value
$190,773
Total market value
$777,531
Applied tax rate
201.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1959
Construction
FRAME
Heating
HOT WATER
Cooling
WALL UNIT
Stories
2
Units
2
Total area
12,134 SF
Lot
2 ac (87,320 SF)
Zoning code
C2
APN
31-5-9483-08
UPID
US92-0880098
Jurisdiction
OUTAGAMIE
Zoning & alternative use
C2 · Appleton, WI
Zoning C2 · permitted uses
C2 · Appleton, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Appleton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$980,000
RESTAURANT
Est. value
$930,000
RETAIL STORES
Est. value
$790,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
1959
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
2
Lot
2 ac
Current owner
From public records · entity-resolved
GOODMAN PROPERTIES APPLETON INC
Entity
Free & Clear · 0 yrs held
Mailing address
3437 N RICHMOND ST, APPLETON, WI 54911-8555
Mailing matches property
Yes
Owner-occupied
Yes
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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