2512 Steffens CtBellevue, WI 54311

  • Commercial real estate
  • 1.44 AC
For Sale
$895,000 View listing

Property Details for 2512 Steffens Ct

Lot size
1.44 AC
Property type
Commercial real estate
APN
B 80-4
APU
B804

Description

This exceptional investment opportunity presents a fully leased, multi-tenant shopping center located at 2512 Steffens Ct, Bellevue, WI 54311. The property boasts a total of 5,250 square feet situated on a 1.45-acre lot (Parcel # B-80-40), offering an attractive price per square foot of $170.48. The asking price is $895,000, representing a 7.30% cap rate. Currently operating at 100% occupancy, the center benefits from reputable, long-standing tenants. The building underwent renovations between 2019 and 2021. Key features include municipal sewer and water, a package HVAC system, and convenient access to I-43. Its prime location adjacent to Festival Foods and Menards ensures high visibility and foot traffic. Real estate taxes for 2022 totaled $13,074. This NNN-leased property presents a strong, stable income stream for discerning investors. The property is conveniently located in Brown County, Wisconsin.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,999,995
    Hospitality
    $11,907,925
    Educational
    $9,907,254
    Medical
    $10,247,980
    Retail
    $15,411,284

Location Insight

City
Green Bay
County
Brown
State
Wisconsin
Latitude
44.4685
Longitude
-87.9578
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
$20,687
$567,200
$307,500
$874,700
-
-
-
$1,114,700

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