Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2903 E Princeton Ave Eau Claire, WI 54703

    Sponsored
    Picture of Residential land & home lots at E Princeton Ave 2903, Eau Claire, WI
    For Sale
    $54,900

    LAND - Eau Claire, WI

    Lot size:
    0.60 Acres
    Days on Market:
    14
    Last Refresh:
    Feb 8 at 12:06 am

    Property Features for 2903 E Princeton Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    APN
    11-1924
    Lot size
    0.60 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Neil Haselwander
    Neil Haselwander

    Haselwander Real Estate, LLC (715) 831-7077

    Listing agent Neil Haselwander (715) 577-1429 License #32055-90

    Listing date Jan 26, 2026

    MLS# 1539109 Listing URL

    Copyright © 2026 Northwestern Wisconsin Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Princeton Valley

    Located off Highway 53 Bypass and North Crossing/Highway 312, this 0.6-acre residential land is situated in Princeton Valley, a residential community in Eau Claire, Wisconsin. The building site is designed to harmonize with the natural surroundings, environment, and adjacent golf course. The area's rolling topography, wooded and private lots, inspiring views, and golf course access provide opportunities for custom-built homes and floor plans.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Eau Claire
    County
    Eau Claire
    State
    Wisconsin
    Longitude
    -91.451756
    Latitude
    44.847901

    Nearby Similar for Sale

    • $199,900
      2,073 SF

      Well-Maintained Duplex Investment Opportunity

      Duplex with long-term tenants, steady income, and flexible future use.
      635 Centre St, Eau Claire, WI 54703
      View Details
    • New
      $269,900
      2,754 SF

      Updated Duplex Near Downtown Eau Claire

      Updated duplex near transit, shopping, parks, and schools.
      703 Main St, Eau Claire, WI 54701
      View Details
    • $259,900
      2,040 SF

      Well-Kept Duplex Near Downtown

      Updated duplex with excellent rental history near Eau Claire's attractions.
      1424 Mappa St, Eau Claire, WI 54703
      View Details
    • New
      $199,000
      4,674 SF

      Commercial Strip Property For Sale

      Two-unit commercial property with parking and recent roof updates.
      1723 Western Ave, Eau Claire, WI 54703
      View Details
    • New
      $200,000
      1,754 SF

      Updated Duplex Near Downtown Eau Claire

      Updated duplex near downtown, parks, dining, and major employers.
      625 N Barstow St, Eau Claire, WI 54703
      View Details
    • $499,900
      1,962 SF

      Commercial Building Near Starbucks

      High-visibility commercial building suitable for retail or automotive use.
      2509 Kirk St, Eau Claire, WI 54701
      View Details
    • $214,900
      1,350 SF

      Fully Rented Eau Claire Duplex

      Fully rented duplex with good rental history near downtown Eau Claire.
      2736 3Rd St, Eau Claire, WI 54703
      View Details
    • $174,900

      North Side Condo with Updates

      Well-maintained 2-bedroom condo with updated features and prime location.
      2741 Morningside Dr, Eau Claire, WI 54703
      View Details
    • Contact for pricing
      93,620 SF

      Retail Opportunity in Eau Claire

      High-visibility retail space available in a high-traffic commercial corridor.
      2921 Mall Dr, Eau Claire, WI 54701
      View Details
    • $2,250,000

      Eau Claire Mixed-Use Investment

      Mixed-use property with commercial and residential income in Eau Claire.
      937 Water St, Eau Claire, WI 54703
      View Details
    • $1,850,000

      Historic Building with Restaurant Lease

      Restored historic building in desirable location, leased to restaurant.
      1004 Menomonie St, Eau Claire, WI 54703
      View Details
    • $349,000

      Well-Located Restaurant Near I94

      Restaurant near I94, high traffic, surrounded by businesses and hotels.
      6220 Texaco Dr, Eau Claire, WI 54703
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land in Eau Claire's premiere residential community.
    Where is this residential land & home lot located?
    The property is located at 2903 E Princeton Ave Eau Claire, WI.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: - Premiere residential community in Eau Claire.; - Convenient location near HWY 53 Bypass & HWY 312.; - Building sites designed in harmony with nature.
    (715) 577-1429
    Request Owner's contact information
    2903 E Princeton Ave Eau Claire, WI 54703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2903 E Princeton Ave
    Eau Claire, WI 54703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2903 E Princeton Ave Eau Claire, WI 54703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Neil Haselwander
    Neil Haselwander
    Real Estate License ID: 32055-90
    (715) 577-1429
    Learn more
    Google sign-in failed. Please try again or use another login method.