Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    931 Perkins St Appleton, WI 54914-3128
    Property profile & analytics

    931 Perkins St Appleton, WI 54914-3128

    View on Map
    • Investment properties
    • 192 SF
    • 4.00 lot acres
    Off-Market
    Property ID
    US92-1226842
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Accent Business Solutions Inc / (Bike/Boat/Book/etc) Store

    Property Details for 931 Perkins St

    Year built
    1978
    Lot size
    4.00 lot acres
    Property size
    192 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    10-1-1075-00
    APU
    101107500

    Description

    This exceptional Grand Chute industrial property offers 24,607 square feet of versatile space, ideal for manufacturing, flex, warehouse, or distribution uses. The property features a two-story building on a two-acre lot, providing ample space for operations and parking. The building boasts a high 18-foot ceiling height, one loading dock, and one drive-in door, ensuring efficient material handling. The property is zoned commercial and underwent renovations in 2024. With easy access to Interstate 41, this location offers excellent transportation links. The property is currently configured as a multi-tenant building with a maximum contiguous space of 6,000 square feet. The building includes fourteen overhead doors. This prime location is surrounded by established businesses, including Presto Products, Shell Gas Station, Signarama, Blake Stevens Wood Flooring, Marvin Windows, and Konz Wood Products, creating a thriving business environment. The property offers two lease options, providing flexibility for potential tenants. Three-phase power is available. This is a Class C building with ample parking.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Appleton
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.4424
    Latitude
    44.2706
    CBSA code
    11540
    CBSA name
    APPLETON, 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
    $18,957
    $355,800
    $735,700
    $1,091,500
    -
    $461,329
    $953,905
    $1,415,234

    Comparable in this City

    • Value Estimation
      $510,000
      3,487 SF

      513 Westhill Blvd

      STORE/OFFICE (MIXED USE) • 3,487 SF
      513 Westhill Blvd, Appleton, WI 54914-5780
      View Details
    • Value Estimation by Request
      1,200 SF

      2224 Pershing St

      STORE/OFFICE (MIXED USE) • 1,200 SF
      2224 Pershing St, Appleton, WI 54914-6070
      View Details
    • Value Estimation by Request
      4,070 SF

      533 Timmers Ln

      STORE/OFFICE (MIXED USE) • 4,070 SF
      533 Timmers Ln, Appleton, WI 54914-4013
      View Details
    • Value Estimation by Request
      800 SF

      699 Hickory Farm Ln

      STORE/OFFICE (MIXED USE) • 800 SF
      699 Hickory Farm Ln, Appleton, WI 54914-3000
      View Details
    • Value Estimation by Request
      800 SF

      707 Hickory Farm Ln

      STORE/OFFICE (MIXED USE) • 800 SF
      707 Hickory Farm Ln, Appleton, WI 54914-3032
      View Details
    • Value Estimation by Request
      2,480 SF

      925 Bluemound Dr

      STORE/OFFICE (MIXED USE) • 2,480 SF
      925 Bluemound Dr, Appleton, WI 54914-5786
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,000 SF

      Appleton Mixed-Use Commercial Property

      Two-story building with retail and residential units in Appleton.
      501 S Douglas St, Appleton, WI 54914
      View Details
    • Contact for pricing
      5,776 SF

      Renovated Office Building Near I-41

      Recently renovated office building with large parking lot near I-41.
      302 S Bluemound Dr, Appleton, WI 54914
      View Details
    • Contact for pricing
      4.45 Acres

      Appleton Industrial Land - 4.45 Acres

      Prime Appleton location, near airport, high visibility.
      0 Aerotech Dr, Appleton, WI 54914
      View Details
    • $105,000
      Pending

      Residential Land in Appleton, WI

      Residential land available in Appleton, Wisconsin.
      3580 W Capitol Dr, Appleton, WI 54914
      View Details
    • $75,000

      Commercial Land Near Appleton Airport

      Commercial land available near downtown Appleton and the airport.
      Spencer St, Appleton, WI 54914
      View Details
    • Contact for pricing

      Airplane Hangars at ATW Airport

      Two airplane hangars for sale at Appleton, WI airport.
      W6530 Pathfinder Dr, Appleton, WI 54914
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Appleton Mixed-Use Property

      Commercial space with patio access in downtown Appleton.
      823 W College Ave, Appleton, WI 54914
      View Details
    • Contact for pricing

      Appleton Office Building For Rent

      Office building with high visibility and access to Interstate 41.
      4351 W College Ave, Appleton, WI 54914
      View Details
    • Contact for pricing

      Appleton Office Space Sublease

      Office space available for sublease in Appleton, Wisconsin.
      3913 W Prospect Ave, Appleton, WI 54914
      View Details
    • Contact for pricing

      Office Suites with High Visibility

      Office suites for rent with excellent visibility and I-41 access.
      1121 N Lynndale Dr, Appleton, WI 54914
      View Details
    • Contact for pricing

      Commercial Lot for Trailer Staging

      Large lot with freeway access, available January 1st, 2025.
      Grand Chute, WI 54914
      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.
    931 Perkins St
    Appleton, WI 54914-3128
    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

    Thank You for Inquiry
    931 Perkins St, Appleton, WI, 54914
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!