Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    500 Grn Bay Rd Neenah, WI 54956-3152

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    500 Grn Bay Rd Neenah, WI 54956-3152

    View on Map
    • Retail space
    • 2,982 SF
    • 0.81 lot acres
    Off-Market
    Last Sale Sep 15, 2021
    $400,000
    Property ID
    US92-3465379
    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

    • Lomira Auto North Service Center / Auto Repair Shop
    • Lomira Auto North Parts Center / Auto Parts Store
    • Lomira Auto North / Car Dealership
    • Ultimate Rides Neenah / Car Dealership

    Property Details for 500 Grn Bay Rd

    Year built
    1996
    Lot size
    0.81 lot acres
    Property size
    2,982 SF
    Zone code
    C1;GENERAL COMMERCIAL
    Property type
    Retail space
    APN
    07-0613-0500
    APU
    706130500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Neenah
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.4845
    Latitude
    44.1815
    CBSA code
    36780
    CBSA name
    OSHKOSH-NEENAH, 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
    $6,468
    $193,500
    $214,500
    $408,000
    -
    $193,280
    $214,255
    $407,535

    Comparable in this City

    • Value Estimation
      $785,000
      9,470 SF

      904 Grn Bay Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,470 SF
      904 Grn Bay Rd, Neenah, WI 54956-5149
      View Details
    • Value Estimation by Request
      3,182 SF

      965 Grn Bay Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,182 SF
      965 Grn Bay Rd, Neenah, WI 54956-3631
      View Details
    • Value Estimation by Request
      4,760 SF

      1011 Lk St

      RETAIL STORES (PERSONAL SERVICES) • 4,760 SF
      1011 Lk St, Neenah, WI 54956-3157
      View Details
    • Value Estimation by Request
      4,482 SF

      110 Byrd Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,482 SF
      110 Byrd Ave, Neenah, WI 54956-4033
      View Details
    • Value Estimation by Request
      8,525 SF

      104 Clybourn St

      RETAIL STORES (PERSONAL SERVICES) • 8,525 SF
      104 Clybourn St, Neenah, WI 54956-2614
      View Details
    • Value Estimation by Request
      9,198 SF

      500 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 9,198 SF
      500 Commercial St, Neenah, WI 54956-2623
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,532 SF

      Neenah Automotive Shop For Sale

      Two parcels totaling over a half acre in thriving downtown.
      994 Main St, Neenah, WI 54956
      View Details
    • Contact for pricing
      7,532 SF

      Retail Property in Downtown Neenah

      Retail property with high visibility and large overhead door.
      994 Main St, Neenah, WI 54956
      View Details
    • Contact for pricing
      1,204 SF

      Established Auto Service Repair Facility

      Active auto service repair in high-traffic Neenah location.
      1108 Main St, Neenah, WI 54956
      View Details
    • $1,200,000
      5.00 Acres

      Income-Producing Parking Facility Opportunity

      5-acre lot with gated parking, high occupancy, and income.
      187 Rockwood Ln, Neenah, WI 54956
      View Details
    • $799,000
      7,200 SF

      Neenah Self-Storage Facility For Sale

      Well-located self-storage facility with expansion potential in Neenah, WI.
      2285 Northern Rd, Neenah, WI 54956
      View Details
    • $668,000
      3,274 SF

      New Construction Duplex Opportunity

      New construction duplex, perfect for owner-occupancy or investment portfolio.
      2690 Princeton Dr, Neenah, WI 54956
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Retail Building For Sale

      Commercial retail building with highway visibility and digital pylon sign.
      540 Shady Ln, Neenah, WI 54956
      View Details
    • Contact for pricing
      2,489 SF

      Retail Space in Westowne Village

      Retail or professional space with excellent highway access and parking.
      1148-1166 Westowne Dr, Neenah, WI 54956
      View Details
    • Contact for pricing

      Retail or Professional Space Available

      Retail or professional space with excellent highway access and ample parking.
      1166 Westowne Dr, Neenah, WI 54956
      View Details
    • Contact for pricing

      Retail Space in Neenah

      Retail space in vibrant Neenah community near downtown.
      1126 S Commercial St, Neenah, WI 54956
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease at Fox Point Plaza.
      828 Fox Point Plz, Neenah, WI 54956
      View Details
    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.
    500 Grn Bay Rd
    Neenah, WI 54956-3152
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!