302 Bluemound DrAppleton, WI 54914
- Office properties
- 5,776 SF
Property Details for 302 Bluemound Dr
- Year built
- 1976
- Lot size
- 0.54 AC
- Property size (Sq ft)
- 5,776 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 10-1-1142-00
- APU
- 101114200
Description
This exceptional Class A office building, located at 302 S Bluemound Dr in Appleton, Wisconsin (54914), presents a unique investment opportunity. The 5,776 square foot single-tenant building sits on a 0.62-acre lot and boasts a desirable location in Grand Chute, within minutes of Interstate 41. Completely renovated in 2022, the property features a new roof, HVAC system, and updated bathrooms. The spacious layout is suitable for a variety of office uses, including executive, medical, and traditional office settings. The building currently enjoys 100% occupancy, offering immediate income potential. Ample parking is available on-site. The property's strategic location benefits from proximity to established businesses such as McDonald's, Express Gas Station, Harbor Freight, and Stumpf Ford. The building's design includes large conference rooms, and there's potential for additional rental income streams, enhancing its investment appeal. The asking price is $699,900, representing a price per square foot of $121.17. The property is zoned for commercial use. This is a turnkey operation in a high-demand area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,042,925
- 6.5%
- $962,700
- 7%
- $893,936
-
Comparable approach
- Method
- Valuation
- Relative Method
- $586,398
- Geo Method
- $752,324
-
Alternative Use
- Use
- Valuation
- Residential
- $1,193,748
- Hospitality
- $1,093,467
- Educational
- $909,752
- Medical
- $941,040
- Retail
- $1,415,170
Location Insight
- City
- Appleton
- County
- Outagamie
- State
- Wisconsin
- Latitude
- 44.2596
- Longitude
- -88.4554
- CBSA code
- 11540
- CBSA name
- APPLETON, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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