Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    627 Bay Shore Dr Oshkosh, WI 54901

    • Manufacturing properties
    • 44,752 SF
    • 1.64 lot acres
    For Lease
    View listing
    Last Sale
    Sep 23, 2022
    $1,050,000
    Value Estimations
    $1,180,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-0691771
    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.

    Current Use by Public Records

    • Elements Therapeutic Massage, / Alternative Medicine Practice / Spa & Massage Center
    • All American DJ / Wedding Service / Event Planning
    • Steel Moon Recording / Recording Studio
    • ST Psychotherapy / Medical Clinic
    • Skinnydipper Shop / Charitable Organization / Social Service Agency

    Property Details for 627 Bay Shore Dr

    Year built
    1932
    Lot size
    1.64 lot acres
    Property size
    44,752 SF
    Zone code
    UMU-RFO
    Property type
    Manufacturing properties
    APN
    08-00790000
    APU
    800790000

    Description

    This exceptional property at 627 Bay Shore Drive in Oshkosh, Wisconsin, offers a unique blend of executive office and warehouse space. Situated on the waterfront, this 42,585 square foot building, constructed in 1932, is currently fully vacant and available for lease. The property is comprised of multiple tenancies, with a minimum divisible space of 21,140 square feet and a maximum contiguous space of 21,445 square feet. This presents a fantastic opportunity for a single large tenant or the potential for multiple smaller tenants. The building boasts ample parking with 100 spaces available for tenants and their guests. Located in Winnebago County, Wisconsin, with a zip code of 54901, this property offers a desirable location with convenient access to local amenities and transportation routes. The waterfront location provides a unique and attractive setting for businesses seeking a prestigious address. This is a rare opportunity to secure a substantial and versatile commercial space in a highly sought-after area. Contact us today to learn more about leasing options and explore the possibilities this property offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,225,000
      ML approach
      $1,400,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,647,000
      Market price range: $1.63M - $3.02M
      AI Estimate
      $743,000
      Market price range: $454k - $1.63M

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

    Location Insight

    • Map
    • Local Demand
    City
    Oshkosh
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.5296
    Latitude
    44.0117
    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
    $21,001
    $410,300
    $298,000
    $708,300
    -
    $592,893
    $430,617
    $1,023,510

    Comparable in this City

    • Value Estimation by Request
      5,130 SF

      2300 Algoma Blvd

      MANUFACTURING (LIGHT) • 5,130 SF
      2300 Algoma Blvd, Oshkosh, WI 54901-1703
      View Details
    • Value Estimation
      $1,930,000
      17,280 SF

      216 State St

      MANUFACTURING (LIGHT) • 17,280 SF
      216 State St, Oshkosh, WI 54901-4839
      View Details
    • Value Estimation by Request
      2,954 SF

      15 Sterling Ave

      MANUFACTURING (LIGHT) • 2,954 SF
      15 Sterling Ave, Oshkosh, WI 54901-4569
      View Details
    • Value Estimation by Request
      9,000 SF

      220 Fernau Ave

      MANUFACTURING (LIGHT) • 9,000 SF
      220 Fernau Ave, Oshkosh, WI 54901-1240
      View Details
    • Value Estimation by Request
      10,973 SF

      280 Fernau Ave

      MANUFACTURING (LIGHT) • 10,973 SF
      280 Fernau Ave, Oshkosh, WI 54901-1240
      View Details
    • Value Estimation by Request

      1860 Harrison St

      INDUSTRIAL (GENERAL)
      1860 Harrison St, Oshkosh, WI 54901-2342
      View Details

    Similar Nearby for Sale

    • $5,400,000
      82,669 SF

      Oshkosh Industrial Facility

      82,669 SF Manufacturing/Distribution
      413 Murdock Ave, Oshkosh, WI 54901
      View Details
    • $279,900
      1.06 Acres

      Oshkosh Commercial Land Opportunity

      Prime 1-acre lot, mixed-use potential.
      0 Gruenwald Ave, Oshkosh, WI 54901
      View Details
    • $149,900
      0.49 Acres

      Oshkosh Commercial Lot: Prime Location

      0.49-acre lot, ideal for mixed-use development.
      0 Gruenwald Ave, Oshkosh, WI 54901
      View Details
    • $385,000
      1.31 Acres

      Prime Oshkosh Industrial Land

      1.31-Acre Commercial Lot, $385,000
      5110 Jackson St, Oshkosh, WI 54901
      View Details
    • Contact for pricing
      65,000 SF

      Mix-Use Buildings with Self-Storage

      Mix-use buildings with self-storage units in a desirable location.
      3420 Jackson St, Oshkosh, WI 54901
      View Details
    • $300,000

      Urban Mixed Use Zoned Property

      Located in downtown Oshkosh, offering diverse possibilities.
      714 Division St, Oshkosh, WI 54901
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      82,669 SF

      Oshkosh Industrial Building For Lease

      82,669 SF Manufacturing/Distribution Space
      413 Murdock Ave, Oshkosh, WI 54901
      View Details
    • $5 SF/Yr
      28,000 SF

      Oshkosh Industrial Flex Space Available

      28,000 SF Flex Warehouse - Prime Location
      3675 Main St, Oshkosh, WI 54901
      View Details
    • Contact for pricing
      42,585 SF

      Prime Oshkosh Waterfront Office/Warehouse

      Spacious waterfront office & warehouse space available.
      627 Bay Shore Dr, Oshkosh, WI 54901
      View Details
    • Contact for pricing
      85,523 SF

      Oshkosh Retail Center Investment Opportunity

      High-traffic shopping center, 1 space available.
      1900 Jackson St, Oshkosh, WI 54901
      View Details
    • Contact for pricing
      1,920 SF

      Prime Retail Space in Oshkosh

      Retail space with high visibility and access in Oshkosh.
      505 W Murdock Ave, Oshkosh, WI 54901
      View Details
    • $6 SF/Yr
      10,068 SF

      Prime Oshkosh Retail Space

      Downtown Oshkosh, 10,068 SF Convenience Store
      640 Main St, Oshkosh, WI 54901
      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.
    627 Bay Shore Dr
    Oshkosh, WI 54901
    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!