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Committee approves sale of Lot 41 in Southpointe Commerce Park to Consolidated Construction Inc. for $43,000 per acre

October 22, 2025 | Appleton City, Winnebago County, Wisconsin


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Committee approves sale of Lot 41 in Southpointe Commerce Park to Consolidated Construction Inc. for $43,000 per acre
The City of Appleton Community Development Committee voted 4-0 on Oct. 22 to approve an offer to purchase Lot 41 in the Southpointe Commerce Park by Consolidated Construction Incorporated (or its successors or assigns) for a price of $43,000 per acre. The lot consists of 4.627 acres, and the buyer plans a manufacturing warehouse facility.

City staff member Lillian, presenting the item, told the committee the offer was unusually clean compared with past offers and that the buyer’s presubmittal meeting for site plan review has already occurred. "In my whole career, this is the first clean offer to purchase I've ever received," Lillian said.

The purchase price is $43,000 per acre for 4.627 acres. The proposed closing window is 90 days from the binding date stated in the offer (bringing the likely closing to mid-January 2026, given the offer’s binding date), and site plan review and permitting will follow standard processes. The city’s standard vacant-land offer form (WB-13) was used for the transaction and includes customary financing contingencies for commercial purchases.

Committee members asked about the financing contingency language on page 6 of the offer form; staff confirmed the WB-13 form covers financing contingencies for vacant land offers. The committee approved the sale by voice vote, recorded as 4-0.

The buyer will proceed through site-plan approval and permitting; the city will monitor the closing and permit milestones and return to the committee if adjustments or additional approvals are required.

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Scribe from Workplace AI
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