535 Westhill BlvdAppleton, WI 54914

  • Retail properties
  • 27,520 SF
For Lease

Property Details for 535 Westhill Blvd

Year built
1991
Lot size
1.57 AC
Property size (Sq ft)
27,520 SF
Property type
Retail properties
Property subtype
Retail space
APN
10-1-1193-04
APU
101119304

Description

This exceptional 27,520-square-foot retail property, located at 535 N Westhill Blvd in Appleton, Wisconsin, presents a significant investment opportunity. Situated on a 1.56-acre lot, this single-tenant building boasts high visibility and accessibility due to its convenient location near I-41, a major thoroughfare. The property features ample parking with 135 spaces, ensuring convenient access for customers. The building itself is a single-story structure, renovated in 2018, and is currently vacant, offering a blank canvas for a new tenant. The zoning is classified as CR, providing flexibility for a variety of retail uses. The property's address is 535 N Westhill Blvd, Appleton, WI 54914, and its parcel number is 10-1-1193-04 in Outagamie County. With its substantial size, prime location, and recent renovation, this property is ideally suited for a variety of retail businesses seeking high visibility and convenient access for their customers. The property's strategic location near I-41 ensures high traffic volume and excellent exposure. This is a rare opportunity to acquire a well-maintained, sizable retail space in a thriving Wisconsin market. The property's size and parking capacity make it suitable for a wide range of retail concepts.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,304,522
    6.5%
    $6,742,636
    7%
    $6,261,019
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,040,674
    Geo Method
    $9,032,890
  • Alternative Use

    Use
    Valuation
    Residential
    $5,687,666
    Hospitality
    $5,209,871
    Educational
    $4,334,552
    Medical
    $4,483,624
    Retail
    $6,742,636
535 Westhill Blvd, Appleton, Wisconsin

Location Insight

City
Appleton
County
Outagamie
State
Wisconsin
Latitude
44.2664
Longitude
-88.4654
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
$22,226
$332,700
$918,600
$1,251,300
-
$431,377
$1,191,053
$1,622,430

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