414 Jefferson StGreen Bay, WI 54301
- Office properties
- 5,572 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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