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Property profile & analytics
OFF-MARKET
Retail space
500 Lk St Neenah, WI 54956-2362
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-0541250
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
4,404 SF
Lot
0.25 ac (10,732 SF)
Zoning code
R2;TWO FAMILY RES.
APN
04-0548-0000
UPID
US92-0541250
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
-
Chamber Entertainment LLC Nightclub Arcade & Gaming Center
-
Burial Chamber Haunted House Complex Haunted House Entertainer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joe Mcewen · 1 yrs held
Joe Mcewen
since 2025
Last sale
$240,000
6 recorded transactions
Zoning & alternative use
R2;TWO FAMILY RES. · Neenah, WI
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 Neenah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Neenah 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,304
Tax year 2023
Assessed value
$270,000
Assessed 2023
Previous assessed
$204,000
+32.4% YoY
Effective rate
1.59%
On assessed value
Assessed land
$31,500
Assessed improvement
$238,500
Land market value
$31,464
Improvement market value
$238,228
Total market value
$269,692
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1946
Heating
HOT WATER
Stories
1
Units
5
Total area
4,404 SF
Lot
0.25 ac (10,732 SF)
Zoning code
R2;TWO FAMILY RES.
APN
04-0548-0000
UPID
US92-0541250
Jurisdiction
WINNEBAGO
Zoning & alternative use
R2;TWO FAMILY RES. · Neenah, WIZoning R2;TWO FAMILY RES. · permitted uses
R2;TWO FAMILY RES. · Neenah, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1946
Heating
HOT WATER
Stories
1
Units
5
Lot
0.25 ac
Current owner
From public records · entity-resolved
Joe Mcewen
Individual
Mailing address
205 W 5TH ST, KAUKAUNA, WI 54130-2416
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2025
—
Joe Mcewen
Opendoor Investments 2 LLC
Deed
related
$350,000 · Fox Communities Cu
Mar 27, 2025
$450,000
Joe Mcewen
Open Door Investments 2 LLC
Warranty Deed
—
Aug 12, 2022
—
Open Door Investments 2 LLC
Matthew Van Thiel
Quit Claim Deed
related
—
Sep 17, 2021
—
Open Door Investments LLC
—
Deed
related
$273,600 · Bank Of Oakfield
Jul 26, 2021
$240,000
Open Door Investments LLC
Lake St Apartments LLC
Warranty Deed
$172,800 · Matthew Van Thiel
Jul 16, 2019
$143,000
Lake St Apartments LLC
Andersen,eric & Mary J
Warranty Deed
$122,400 · Prospera Cu
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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