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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Retail space
971 Grn Bay Rd Neenah, WI 54956-3631
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US92-3408880
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Total area
6,478 SF
Lot
0.41 ac (17,907 SF)
Zoning code
C1;GENERAL COMMERCIAL
APN
06-0639-0301
UPID
US92-3408880
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
-
Old National Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$662k
Blend (final)
Blend
$635k
Owner & transaction history
965 South Green Bay Road LLC · 8 yrs held
965 South Green Bay Road LLC
since 2018
6 recorded transactions
Zoning & alternative use
C1;GENERAL COMMERCIAL · Neenah, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$845,000
+100.3%
Office building
$630,000
+49.8%
Apartment house (5+ units)
$590,000
+40.6%
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
Alternative Use
Use
Estimation
RETAIL STORES
$420,000
Current use
RESTAURANT
$845,000
Change: +100% · Conversion: Easy
OFFICE BUILDING
$630,000
Change: +50% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$590,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$400,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$98 / 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
$19,132
Tax year 2023
Assessed value
$1,200,000
Assessed 2023
Previous assessed
$1,197,500
+0.2% YoY
Effective rate
1.59%
On assessed value
Assessed land
$143,000
Assessed improvement
$1,057,000
Land market value
$142,837
Improvement market value
$1,055,796
Total market value
$1,198,633
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Heating
YES
Cooling
YES
Stories
1
Total area
6,478 SF
Lot
0.41 ac (17,907 SF)
Zoning code
C1;GENERAL COMMERCIAL
APN
06-0639-0301
UPID
US92-3408880
Jurisdiction
WINNEBAGO
Zoning & alternative use
C1;GENERAL COMMERCIAL · Neenah, WIZoning 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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$420,000
RESTAURANT
Est. value
$845,000
OFFICE BUILDING
Est. value
$630,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$590,000
COMMERCIAL (GENERAL)
Est. value
$400,000
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2009
Heating
YES
Cooling
Yes
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
965 South Green Bay Road LLC
Entity
Mailing address
3305 N BALLARD RD STE C, APPLETON, WI 54911-9001
Ownership since
2018
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
Aug 1, 2018
$600,000
965 South Green Bay Road LLC
Choice Bank
Warranty Deed
$1,700,000 · Choice Bank
Jul 27, 2018
—
Choice Bk
Westie Investments-neenah LLC
Quit Claim Deed
related
—
Jan 3, 2017
—
Westie Investments Neenah LLC
—
Deed
related
$250,000 · Choice Bank
Jun 12, 2009
—
Westie Investments-neenah LLC
Meyer,richard & Corinne M
Warranty Deed
—
Oct 9, 2007
$225,000
Richard Meyer
Border Patrol LLC
Warranty Deed
—
—
—
Border Patrol Wi INC
—
Deed Of Trust
related
$1,037,000 · General Elec Cap Finance Corp
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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