414 Jefferson StGreen Bay, WI 54301

  • Office properties
  • 5,572 SF
For Sale
$895,000 View listing

Property Details for 414 Jefferson St

Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.79 AC
Property size (Sq ft)
5,572 SF
Property type
Office properties
Property subtype
Office buildings
APN
13 87
APU
1387

Description

This exceptional Class A office building, located at 414 S Jefferson St in Green Bay, Wisconsin, presents a unique investment opportunity. The 17,912 square foot property, built in 1982, sits on a 0.79-acre lot and boasts a prestigious two-story design situated on the corner of Jefferson and Crooks Streets. Currently 100% occupied by a law firm, this versatile space offers significant potential for various uses, thanks to its flexible layout. The interior features six individual offices, a substantial open area ideal for collaborative work, and two large conference rooms, perfect for meetings and presentations. The building is zoned for both office and residential use, providing additional flexibility for future development. A key advantage is the ample on-site parking, supplemented by convenient street parking, ensuring easy access for employees and clients. The prominent downtown location offers excellent visibility and signage opportunities, enhancing the property's appeal and marketability. The asking price is $895,000, and the lease type is NNN (Net, Net, Net). This is a single-tenancy property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,006,091
    6.5%
    $928,699
    7%
    $862,364
  • Comparable approach

    Method
    Valuation
    Relative Method
    $565,687
    Geo Method
    $725,753
  • Alternative Use

    Use
    Valuation
    Residential
    $1,151,587
    Hospitality
    $1,054,848
    Educational
    $877,621
    Medical
    $907,803
    Retail
    $1,365,188
414 Jefferson St, Green Bay, Wisconsin

Location Insight

City
Green Bay
County
Brown
State
Wisconsin
Latitude
44.5095
Longitude
-88.0165
CBSA code
24580
CBSA name
GREEN BAY, 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
$18,261
$266,500
$645,800
$912,300
-
-
-
$1,026,600

FAQs

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