620 Lynndale DrAppleton, WI 54914

For Lease
$13/SF/YR View listing
  • Office buildings
  • 10,702 SF

Property Details for 620 Lynndale Dr

Year built
1989
Lot size
4.88 AC
Property size (Sq ft)
10,702 SF
Property type
Office buildings
APN
10-1-1078-02
APU
101107802

Description

This exceptional 5,800 square foot property in Appleton, Wisconsin, offers a unique blend of office and industrial space, perfect for a variety of businesses. Located at 620 N Lynndale Drive, this single-tenant building boasts excellent visibility from Lynndale Avenue, situated conveniently between W. College Avenue and W. Wisconsin Avenue, with easy access to Interstate 41. The office area (800 SF) features climate control (heating and air conditioning), while the warehouse/shop space (5,000 SF) includes unit heaters for year-round comfort. The property is well-maintained and includes significant advantages for any business. These include large, fenced outdoor storage areas, three-phase power, and redundant fiber optic connectivity. Four dry storage spaces are located at the rear of the building, providing ample additional storage options. The strategic location offers easy access to major roadways, including W. Wisconsin Avenue (Highway 96), W. College Avenue, and Interstate 41. High traffic counts are a significant benefit, with 9,987 vehicles per day on Lynndale Drive and over 72,000 vehicles per day on nearby Interstate 41. The property also features prominent monument signage at street level, enhancing visibility and brand recognition. This property is located in Outagamie County, Wisconsin, with a zip code of 54914 and is less than one mile from Interstate 41. This versatile space is ideal for businesses seeking a combination of office and industrial functionality in a high-traffic, easily accessible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,932,373
    6.5%
    $1,783,729
    7%
    $1,656,320
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,086,501
    Geo Method
    $1,393,936
  • Alternative Use

    Use
    Valuation
    Residential
    $2,211,824
    Hospitality
    $2,026,019
    Educational
    $1,685,624
    Medical
    $1,743,595
    Retail
    $2,622,082
620 Lynndale Dr, Appleton, Wisconsin

Location Insight

City
Appleton
County
Outagamie
State
Wisconsin
Latitude
44.2684
Longitude
-88.4446
CBSA code
11540
CBSA name
APPLETON, 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
$36,670
$504,800
$1,405,400
$1,910,200
-
$654,521
$1,822,235
$2,476,756

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