477 Nicolet Rd Appleton, WI 54914-8270
This exceptional one-story, 7,882 square foot office building, located at 477 S Nicolet Rd in Appleton, Wisconsin, presents a compelling investment opportunity. Built in 1990 and extensively renovated in 1997 and 2021, the property boasts a Class B designation and offers excellent visibility and convenient access to Highway 41. The building sits on a 0.75-acre lot and features a total of 7,882 square feet of net rentable space, priced at $88.18 per square foot. The asking price is $695,000, representing a strong return on investment given the current gross annual rent of $100,000. This well-maintained property is ideal for a variety of office uses and benefits from its prime location in Outagamie County, Wisconsin, zip code 54914. The property's recent renovations ensure modern amenities and functionality, making it an attractive option for businesses seeking a comfortable and efficient workspace. This is a rare opportunity to acquire a profitable and well-situated office building in a thriving Appleton market. The property's size, location, and strong rental income make it a highly desirable asset.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.