Mixed-Use Building with
For Sale
Contact for pricing
108 Amelia Street, Cassville, WI 53806
Downtown commercial property combines business space with an updated one-bedroom apartment above.
Property Size1,840 SF
Price / SF$89.67
Days on Market15
Property Features for 108 Amelia Street
General Information
Standard status
Active
Size
1,840 SF
Property subtype
Retail, Office, Land
Building Details
Year Built
1900
Units
1
Listing Agency:
Home Key Real Estate
Listed By:
Laura Wamsley · License #93769-94
(608) 723-9894
Source:
Crexi
Added: Aug 20
Changed: Sep 1
Last Checked: Sep 1 at 10:34PM
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 Home Key Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property at 108 Amelia Street combines commercial and residential components within a 1,840-square-foot building constructed in 1900. The layout includes commercial space suited to a range of business applications and a completely updated one-bedroom apartment on the upper level.
Set in downtown Cassville, the property offers river views and a spacious side yard. Its location is surrounded by community amenities, dining, the river, and park space. The upper apartment may support owner occupancy, rental income, or additional workspace, subject to applicable requirements.
Set in downtown Cassville, the property offers river views and a spacious side yard. Its location is surrounded by community amenities, dining, the river, and park space. The upper apartment may support owner occupancy, rental income, or additional workspace, subject to applicable requirements.
Key Highlights
- 1,840‑square‑foot mixed‑use building at 108 Amelia Street
- Constructed in 1900
- Completely updated one‑bedroom apartment on the upper level
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,696
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$253,920
$253.9K
Cap Rate 7%
$181,371
$181.4K
Cap Rate 9%
$141,067
$141.1K
Market Conditions
NOI Build-Up for 1,840 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$22.1K $12.00/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$20.3K $11.04/SF
− OpEx
−$7.6K −$4.14/SF
NOI
$12.7K $6.90/SF
Area
Grant County, WI
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$253,920
Cap Rate 7%
$181,371
Cap Rate 9%
$141,067
Alternative Uses
Best Use
Office B
$364.7K
$319.1K – $425.5K
NOI $25,529 @ 7.0% cap · market cap 15.47%
Second Best
Retail
$339.8K
$297.3K – $396.4K
NOI $23,786 @ 7.0% cap · market cap 14.42%
Theoretical Best
Office A
$509.4K
$445.7K – $594.3K
NOI $35,657 @ 7.0% cap · market cap 21.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 53806, WI
1,577
Population
958
Households
1.6
Avg Household Size
51
Median Age
13%
College-Educated
93%
High-School Grad
69.5 sq mi
ZIP Area
23
Density / Sq Mi
$60,489
Median Household Income
$35,388
Median Earnings
$668
Median Rent
$145,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown commercial property combines business space with an updated one-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 108 Amelia Street Cassville, WI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1,840‑square‑foot mixed‑use building at 108 Amelia Street; Constructed in 1900; Completely updated one‑bedroom apartment on the upper level
