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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Grocery and convenience stores
521 Commercial St Neenah, WI 54956-3310
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-0891845
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1961
Total area
1,693 SF
Lot
0.53 ac (23,181 SF)
Zoning code
C1;GENERAL COMMERCIAL
APN
02-0087-0000
UPID
US92-0891845
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
-
Mobil Gas Station
-
Commercial Petro Gas Station
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Quad Coin Bitcoin ATM Atm
-
Exxon Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Mahabai LLC · 1 yrs held
Mahabai LLC
since 2024
Last sale
$800,000
4 recorded transactions
Zoning & alternative use
C1;GENERAL COMMERCIAL · 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
Method
Estimation
Statistic approach
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Nov 4 2024)
Last sale anchor
$800k
Nov 4 2024
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
$473 / 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
$6,857
Tax year 2023
Assessed value
$365,000
Assessed 2023
Previous assessed
$334,500
+9.1% YoY
Effective rate
1.88%
On assessed value
Assessed land
$174,000
Assessed improvement
$191,000
Land market value
$173,802
Improvement market value
$190,782
Total market value
$364,584
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1961
Heating
YES
Cooling
YES
Stories
1
Total area
1,693 SF
Lot
0.53 ac (23,181 SF)
Zoning code
C1;GENERAL COMMERCIAL
APN
02-0087-0000
UPID
US92-0891845
Jurisdiction
WINNEBAGO
Zoning & alternative use
C1;GENERAL COMMERCIAL · Neenah, WI
Zoning C1;GENERAL COMMERCIAL · permitted uses
C1;GENERAL COMMERCIAL · Neenah, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Neenah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Heating
YES
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Mahabai LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
$800,000
Mahabai LLC
Gb Minimart LLC
Warranty Deed
$605,000 · Wolf River Community Bank
Nov 22, 2023
$130,000
Epl Investments LLC
Neil R Morey
Deed
—
May 17, 2018
$500,000
Gb Minimart LLC
U S Venture INC
Warranty Deed
$111,824 · U S Venture INC
Oct 1, 2009
—
Us Oil Co INC
—
Deed Of Trust
related
$10,000,000 · Fox Communities 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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