321 Nicolet RdAppleton, WI 54914

  • Investment properties
  • 9,927 SF
For Lease
$15/SF/YR View listing

Property Details for 321 Nicolet Rd

Year built
1994
Lot size
1.05 AC
Property size (Sq ft)
9,927 SF
Property type
Investment properties
Property subtype
Retail residential properties
APN
10-3-0480-00
APU
103048000

Description

This exceptional professional office space, located at 321 S. Nicolet Road, Suite D in Appleton, Wisconsin, offers 2,722 square feet of immediately available space. Situated in Outagamie County, this property is part of a larger building totaling 10,234 square feet. The suite is ideal for businesses seeking a modern and efficient workspace. The entire building is currently under multiple tenancy, offering a collaborative and dynamic environment. The address is conveniently located in Appleton, WI, zip code 54914, providing easy access to major transportation routes and local amenities. This listing presents a unique opportunity to secure a well-maintained, ready-to-occupy office space in a thriving business community. The minimum divisible space is 2,722 square feet, making it perfect for a single tenant seeking a substantial footprint or a smaller business looking for a significant amount of space. The property is classified as an office space, specifically a professional office, ensuring a professional and suitable environment for various business types. Interested parties are encouraged to inquire about lease terms and conditions. This is a fantastic opportunity to establish or expand your business in a desirable Appleton location. The available space is 2,722 square feet, representing a significant portion of the building's total square footage. This presents a rare chance to secure a substantial and well-located office space in a highly sought-after area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,222,623
    6.5%
    $2,051,652
    7%
    $1,905,105
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,562,122
    Geo Method
    $2,004,137
  • Alternative Use

    Use
    Valuation
    Residential
    $2,051,652
    Hospitality
    $1,879,302
    Educational
    $1,563,557
    Medical
    $1,617,330
    Retail
    $2,432,200

Location Insight

City
Appleton
County
Outagamie
State
Wisconsin
Latitude
44.2591
Longitude
-88.4702
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
$23,462
$355,200
$994,900
$1,350,100
-
$460,551
$1,289,983
$1,750,534

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