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    1201 Jackson Niagara, WI 54151

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    Claim this Listing
    For Lease
    $2,719/Mo $12 SF/Yr (calc)

    Office - Niagara C-WI, WI

    Type:Office
    Property size:
    2,719 SF
    Lot size:
    1.29 Acres
    Added:
    Sep 26, 2025
    Days on Market:
    216
    Last Refresh:
    Apr 29 at 12:06 am

    Property Features for 1201 Jackson

    General Information

    Property type
    Residential Lease
    Property subtype
    Office
    Parking features
    Parking Lot
    Interior features
    ADA Accessible, Cable TV Available, Carpet, Internet Available, Electric Available, Meeting Rooms, Network Wiring Installed, Private Restrooms, Reception Area, Restroom(s), Sidewalks, Telephone, Trash Removal
    Exterior features
    Ada Accessible
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    261-00015.010
    Size
    2,719 SF
    Lot size
    1.29 Acres

    Utilities

    Utilities
    Cable Available, Electricity Available, Phone Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Flooring type
    Carpet
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    RYAN GORDON
    RYAN GORDON

    Listing agent RYAN GORDON

    Listing office STEPHENS REAL ESTATE 1320 CARPENTER AVE., Iron Mountain, WI

    Listing date Sep 26, 2025

    MLS# 50189869 Listing URL

    Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Office on Corner Lot

    This well-built office space, suitable for professional or medical use, is situated on a spacious, quiet corner lot and includes ample paved parking. The property offers over 2,700 square feet of space with a functional floorplan. Some office furniture is included. The layout features a lobby/reception area, a dedicated meeting/conference room, at least seven private offices, and three restrooms. Additional amenities include a storage room and a breakroom equipped with a microwave, refrigerator, and small kitchen appliances. An outdoor area with a picnic table is available for employee use. The building is ADA-compliant, featuring door openers and dedicated parking spaces. The property is located in Niagara C-WI, Wisconsin, within Marinette County-WI, and occupies a 1.29-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Allin Elizabeth J Physician

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Niagara
    County
    Marinette
    State
    Wisconsin
    Longitude
    -88.005075
    Latitude
    45.78398

    FAQs

    What type of property is this?
    Office building - Well-built office space suitable for professional or medical use.
    Where is this office building located?
    The property is located at 1201 Jackson Niagara, WI.
    What is the lease rate?
    The lease rate is $2,719 /Mo.
    What are key features of this property?
    This property features: ADA‑compliant building with door openers and dedicated parking spaces, ensuring accessibility.; Over 2,700 sq ft of versatile office space suitable for professional or medical use.; Features a lobby/reception area, dedicated meeting/conference room, and at least seven private offices.
    (906) 282-1644
    We can help!
    Listing Contact
    RYAN GORDON
    RYAN GORDON
    Real Estate License ID: 6502420131
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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