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Office Unit with Highway Visibility

104a-1540 Heritage Blvd, West Salem, WI 54669

For Sale
Contact for pricing

A 600-square-foot office or meeting room includes a parking lot and a lower-level entrance.

Property Size600 SF
Price / SF$1.00
Days on Market15

Property Features for 104a-1540 Heritage Blvd

General Information

Standard status Active
Size 600 SF

Additional Details

Highway Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $17,379
Listing Agency: Coldwell Banker Commercial River Valley
Listed By: Damon Olson · License WI #5852190
Source: Exprealty
Added: Oct 26 Changed: Oct 31 Last Checked: Nov 8 at 9:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial River Valley

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 600-square-foot office unit is suited to office or meeting-room use. The space has a lower entrance and access to a parking lot.

Highway 16 provides visibility from the property, with convenient access noted. The space is available for lease on a net basis with a minimum 36-month term; tenants are responsible for utilities.

Key Highlights

  • 600‑square‑foot office or meeting room
  • Highway 16 visibility and access
  • Parking lot and lower entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,318
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,360 $126.4K
Cap Rate 7%
$90,257 $90.3K
Cap Rate 9%
$70,200 $70.2K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$10.8K $18.00/SF
− Vacancy
−$2.4K −$3.96/SF
EGI
$8.4K $14.04/SF
− OpEx
−$2.1K −$3.51/SF
NOI
$6.3K $10.53/SF
Area
La Crosse County, WI
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,360
Cap Rate 7%
$90,257
Cap Rate 9%
$70,200

Alternative Uses

Best Use
Office B
$90.3K
$79.0K – $105.3K (±1% cap)
NOI $6,318 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$131.2K
$114.8K – $153.1K (±1% cap)
NOI $9,185 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Electrical Service Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby

Demographics for 54669, WI

8,094
Population
3,246
Households
2.5
Avg Household Size
42
Median Age
42%
College-Educated
98%
High-School Grad
51.6 sq mi
ZIP Area
157
Density / Sq Mi
$100,214
Median Household Income
$47,884
Median Earnings
$1,156
Median Rent
$288,600
Median Home Value

Market

Average Price Trend$/SF for Office Units in La Crosse County, WI

$123 Jul
$142 Aug
$135 Sep
$105 Oct

Properties on Market for Office Units in La Crosse County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A 600-square-foot office or meeting room includes a parking lot and a lower-level entrance.
Where is this office unit located?
The property is located at 104a-1540 Heritage Blvd West Salem, WI.
What are key features of this property?
This property features: 600‑square‑foot office or meeting room; Highway 16 visibility and access; Parking lot and lower entrance
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Includes: Price & PSF · Cap rate · Location · Zoning

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