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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Drive through restaurants
705 Grn Bay Rd Neenah, WI 54956-3174
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0291992
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1996
Total area
5,068 SF
Lot
0.75 ac (32,882 SF)
Zoning code
I1;PLANNED IND. PARK
APN
07-0616-0000
UPID
US92-0291992
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
-
McDonald's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$660k
Owner & transaction history
City Of Neenah · 15 yrs held
City Of Neenah
since 2010
5 recorded transactions
Zoning & alternative use
I1;PLANNED IND. PARK · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±10%
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
$130 / 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
$22,458
Tax year 2023
Assessed value
$1,408,000
Assessed 2023
Previous assessed
$1,240,000
+13.5% YoY
Effective rate
1.60%
On assessed value
Assessed land
$503,000
Assessed improvement
$905,000
Land market value
$502,427
Improvement market value
$903,969
Total market value
$1,406,396
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1996
Heating
YES
Cooling
YES
Stories
1
Total area
5,068 SF
Lot
0.75 ac (32,882 SF)
Zoning code
I1;PLANNED IND. PARK
APN
07-0616-0000
UPID
US92-0291992
Jurisdiction
WINNEBAGO
Zoning & alternative use
I1;PLANNED IND. PARK · Neenah, WIZoning I1;PLANNED IND. PARK · permitted uses
I1;PLANNED IND. PARK · 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
1996
Heating
YES
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
City Of Neenah
Entity
Free & Clear · 15 yrs held
Mailing address
18 JEWELERS PARK DR STE #100, NEENAH, WI 54956-5902
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2019
—
Smooth Waters LLC
—
Deed
related
$225,000 · Bankfirst
Aug 20, 2019
—
Smooth Waters LLC
—
Deed
related
$1,385,705 · Bankfirst
Nov 19, 2010
$3,000
City Of Neenah
Mcdonalds Corp
Quit Claim Deed
related
—
—
—
Smooth Waters LLC
—
Deed Of Trust
related
$225,000 · Bankfirst
—
—
Smooth Waters LLC
—
Deed Of Trust
related
$1,385,705 · Bankfirst
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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