Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    444 W Johnson St Fond du Lac, WI 54935
    Back to Search
    Property profile & analytics

    444 W Johnson St, Fond du Lac, WI 54935

    View on Map
    • Drive through restaurants
    • 3,602 SF
    • 1.17 lot acres
    For Sale
    $785,000
    View Listing →
    Retail Space on Hard Corner For Sale
    $785,000
    3,317 SF

    Retail Space on Hard Corner

    Retail space available on a hard corner with high visibility.

    444 W Johnson St, Fond Du Lac, WI 54935
    View Listing
    Property ID
    US92-0529412
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Caribou Coffee / Cafe & Coffee Shop

    Property Details for 444 W Johnson St

    Year built
    1998
    Construction
    FRAME
    Lot size
    1.17 lot acres
    Zone code
    B-4
    Property type
    Drive through restaurants
    APN
    FDL-15-17-09-41-003-00
    APU
    FDL1517094100300

    Description

    This prime Fond du Lac County retail property offers a unique redevelopment opportunity. The 3,590 square foot building, formerly a quick-service restaurant, is ideally situated on a hard corner with excellent visibility at the intersection of Butler and Johnson Streets. Currently, 2,617 square feet of space is available for lease or purchase. Site plans and renderings are available showcasing the potential for a Caribou Coffee and additional retail tenants. The property is developer-owned and offered for sale, presenting a compelling investment opportunity for those seeking a high-traffic location with significant redevelopment potential. The multiple tenancy structure allows for flexibility in tenant mix and lease terms. This is an exceptional chance to acquire a well-positioned retail center in a thriving Fond du Lac County market. The existing infrastructure provides a solid foundation for a quick and efficient redevelopment process. Don't miss this opportunity to secure a prominent retail presence in a high-demand area. Contact us today to learn more about this exciting redevelopment project and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $840,000
      ML approach
      $760,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $737,000
      Market price range: $242k - $737k
      AI Estimate
      $511,000
      Market price range: $284k - $511k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $495,000
      Current use
      COMMERCIAL (GENERAL)
      $515,000
      Change: +4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fond Du Lac
    County
    Fond Du Lac
    State
    Wisconsin
    Longitude
    -88.4637
    Latitude
    43.7838
    CBSA code
    22540
    CBSA name
    FOND DU LAC, 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
    $9,850
    $411,600
    $397,900
    $809,500
    -
    $547,137
    $528,926
    $1,076,063

    Comparable in this City

    • Value Estimation
      $715,000
      4,814 SF

      131 Pioneer Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      131 Pioneer Rd, Fond Du Lac, WI 54935-9402
      View Details
    • Value Estimation
      $505,000
      3,838 SF

      81 Pioneer Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      81 Pioneer Rd, Fond Du Lac, WI 54935-9101
      View Details
    • Value Estimation by Request
      2,905 SF

      427 Johnson St

      DRIVE-THRU RESTAURANT, FAST FOOD
      427 Johnson St, Fond Du Lac, WI 54935-3129
      View Details
    • Value Estimation
      $730,000
      3,818 SF

      718 Johnson St

      DRIVE-THRU RESTAURANT, FAST FOOD
      718 Johnson St, Fond Du Lac, WI 54935-2016
      View Details
    • Value Estimation by Request
      2,297 SF

      365 Fond Du Lac Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      365 Fond Du Lac Ave, Fond Du Lac, WI 54935-5417
      View Details
    • Value Estimation
      $975,000
      6,863 SF

      121 Pioneer Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      121 Pioneer Rd, Fond Du Lac, WI 54935-9402
      View Details

    Similar Nearby for Sale

    • $1,590,000
      4,508 SF

      Copper Cock Tavern: Fond du Lac

      Historic Restaurant, Turnkey Option
      30 Main St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      8,172 SF

      Fully Occupied Commercial Complex

      Commercial complex with diverse tenants and ample parking for sale.
      21 N Portland St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      Versatile Commercial Building in Fond du Lac

      Redevelopment opportunity with existing tenants and high traffic location.
      24 E Scott St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space on Pioneer Road

      Retail space available for sale on Pioneer Road.
      30 E Pioneer Rd, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      19,690 SF

      Retail Center with Multiple Tenants

      Retail center for sale with four established tenants.
      7-75 W Scott St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      6.02 AC Redevelopment Opportunity

      Last remaining parcel within Forest Mall redevelopment area.
      835 W Johnson St, Fond du Lac, WI 54935
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Redevelopment Opportunity

      Former QSR site available for redevelopment.
      444 W Johnson St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      Redevelopment Opportunity in Forest Mall

      Redevelopment parcel within Forest Mall, suitable for various uses.
      835 W Johnson St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      Retail Space in Fond du Lac

      Retail spaces available in a busy Fond du Lac location.
      844 W Johnson St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      Retail Space on Johnson Street

      Retail space and outlot available along major retail corridor.
      1081 E Johnson St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      Forest Mall Redevelopment Opportunities

      Retail and land opportunities in Forest Mall redevelopment project.
      835 W Johnson St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      1,150 SF

      Retail Space in High-Traffic Location

      Well-maintained retail suite with offices, conference room, and kitchenette.
      437 N Pioneer Rd, Fond du Lac, WI 54935
      View Details
    View Listing
    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.
    444 W Johnson St
    Fond du Lac, WI 54935
    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

    Thank You for Inquiry
    444 W Johnson St, Fond du Lac, WI, 54935
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!