650 Westhill BlvdAppleton, WI 54914

  • Office buildings
  • 4,350 SF
For Sale
$695,000 View listing

Property Details for 650 Westhill Blvd

Year built
1989
Lot size
0.88 AC
Property size (Sq ft)
4,350 SF
Property type
Office buildings
APN
10-2-3266-00
APU
102326600

Description

This exceptional single-tenant executive office building, located at 650 N Westhill Blvd in Appleton, Wisconsin, presents a compelling investment opportunity. The 6,625 square foot building, constructed in 1998, boasts a prime location on Westhill Boulevard, offering excellent visibility and signage opportunities via a large monument sign. The property features a Class B designation and sits on a 0.87-acre lot, providing ample space. The building is comprised of one story and includes 45 parking spaces for convenient employee and client access. The interior layout is well-designed, featuring approximately 4,350 square feet on the main floor and an additional 2,275 square feet of finished office and training room space in the lower level. The main floor includes a spacious reception area and work areas with perimeter offices that benefit from natural light. The property is zoned for commercial use and has a tax ID number of 102326600. This is a Net Net Net (NNN) lease property. This turnkey office building is ready for immediate occupancy and offers significant potential for a variety of businesses. The property's strategic location, ample parking, and attractive features make it an ideal investment for discerning buyers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $785,444
    6.5%
    $725,025
    7%
    $673,238
  • Comparable approach

    Method
    Valuation
    Relative Method
    $441,626
    Geo Method
    $566,588
  • Alternative Use

    Use
    Valuation
    Residential
    $899,031
    Hospitality
    $823,508
    Educational
    $685,149
    Medical
    $708,712
    Retail
    $1,065,787
650 Westhill Blvd, Appleton, Wisconsin

Location Insight

City
Appleton
County
Outagamie
State
Wisconsin
Latitude
44.2666
Longitude
-88.4603
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
$8,614
$371,900
$105,100
$477,000
-
$482,204
$136,272
$618,476

FAQs

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