New search
Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Manufacturing properties
500 Bluemound Dr Appleton, WI 54914-5748
Entity Owned
~
Est. High Equity
Property ID
US92-1183473
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Total area
11,700 SF
Lot
1.91 ac (83,200 SF)
APN
10-1-1107-06
UPID
US92-1183473
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
-
Denizen, Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Dorsey Rei LLC
Dorsey Rei LLC
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$670,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$670,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,130,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$1,095,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,040,000
Change: 0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,005,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $900k (Dec 10 2025)
Last sale anchor
$900k
Dec 10 2025
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
$68 / 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
$10,246
Tax year 2023
Assessed value
$591,500
Assessed 2023
Previous assessed
$527,500
+12.1% YoY
Effective rate
1.73%
On assessed value
Assessed land
$120,300
Assessed improvement
$471,200
Land market value
$155,980
Improvement market value
$610,956
Total market value
$766,936
Applied tax rate
20.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
NONE
Total area
11,700 SF
Lot
1.91 ac (83,200 SF)
APN
10-1-1107-06
UPID
US92-1183473
Jurisdiction
OUTAGAMIE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (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
1990
Heating
NONE
Cooling
Yes
Lot
1.91 ac
Current owner
From public records · entity-resolved
Dorsey Rei LLC
Entity
Mailing address
4784 N INDIGO LN, APPLETON, WI 54913-8760
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
$900,000
Dorsey Rei LLC
Dammerich Family LLC
Deed
$800,000 · Dammerich Family LLC
Sep 1, 2021
—
Deborah M Vosters
William C Dammerich
Deed
—
Sep 1, 2021
$487,300
Dammerich Fam LLC
Deborah M Vosters
Quit Claim Deed
related
—
Jul 23, 2015
—
Dammerich,william C Trust
—
Trustees Deed
related
$50,000 · Bmo Harris Bk NA
—
—
Dammerich,william C Trust
—
Deed Of Trust
related
$130,000 · Bmo Harris Bk NA
—
—
Dammerich,william C Trust
—
Deed Of Trust
related
$110,500 · M & I Marshall & Isley Bank
—
—
Dammerich,w C Living Trust
—
Deed Of Trust
related
$60,000 · M & I Marshall & Isley Bank
—
—
Dammerich,w C Living Trust
—
Deed Of Trust
related
$40,000 · M & I Marshall & Isley Bank
—
—
Dammerich,w C Living Trust
—
Deed Of Trust
related
$175,000 · M & I Marshall & Isley Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 500 Bluemound Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
