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Property profile & analytics
OFF-MARKET
Estimated value
$1,865,000
Office buildings
5355 Schroth Ln Appleton, WI 54913-5461
Entity Owned
3-yr Hold
Free & Clear
Property ID
US92-1648451
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Total area
13,960 SF
Lot
2.58 ac (112,385 SF)
APN
10-1-0849-03
UPID
US92-1648451
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
-
TREG Foundation Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.87M
Owner & transaction history
Appleton 5355-23 LLC · 3 yrs held
Appleton 5355-23 LLC
since 2023
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+44.5%
Retail stores
$2.0M
+10.4%
Auto repair, garage
$2.0M
+7.7%
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
$2,340,000
ML approach
$2,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,810,000
Current use
RESTAURANT
$2,620,000
Change: +45% · Conversion: Moderate
RETAIL STORES
$2,000,000
Change: +10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,950,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,565,000
Change: -14% · Conversion: Easy
WAREHOUSE, STORAGE
$1,550,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.87M
Range $1.68M – $2.05M · ±10% · vs last sale $1.80M (Mar 2 2023)
Last sale anchor
$1.80M
Mar 2 2023
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
$134 / 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
$32,880
Tax year 2023
Assessed value
$1,890,700
Assessed 2023
Previous assessed
$1,890,700
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$697,000
Assessed improvement
$1,193,700
Land market value
$903,727
Improvement market value
$1,572,252
Total market value
$2,475,979
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Heating
NONE
Total area
13,960 SF
Lot
2.58 ac (112,385 SF)
APN
10-1-0849-03
UPID
US92-1648451
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
OFFICE BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.6M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.6M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2004
Heating
NONE
Lot
2.58 ac
Current owner
From public records · entity-resolved
Appleton 5355-23 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
501 S NICOLET RD, APPLETON, WI 54914-8225
Ownership since
2023
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
Mar 2, 2023
$1,800,000
Appleton 5355-23 LLC
Pfi Co
Warranty Deed
—
Oct 19, 2017
—
Pfi Wisconsin LLC
—
Deed
related
$1,115,000 · First Midwest Bk
Jan 13, 2017
$1,710,000
Pfi Co
The Bytof Fam Limited Partnership
Warranty Deed
—
Jun 14, 2004
—
Bechard Investments INC
Schroth Lorraine C Trust
Warranty Deed
related
—
Jun 14, 2004
$475,000
Hoffman Development Corporatio
Bechard Investments INC
Warranty Deed
related
—
—
—
Pfi Wisconsin LLC
—
Deed Of Trust
related
$1,115,000 · First Midwest Bk
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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