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

    120 Ave Chippewa Falls, WI 54729

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $679,000

    Large, visible industrial land parcel suitable for commercial or light industrial.

    Lot size:
    25.44 Acres

    Property Features for 120 Ave

    General Information

    Standard status
    Active
    Lot size
    25.44 Acres

    We can help!

    Listing Contact
    The Raven Team
    Source: Exprealty

    Listing Agency: Chippewa Valley Real Estate, LLC Listing Agent: The Raven Team

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Industrial Parcel at Highway Interchange

    This large industrial parcel is situated at the northwest quadrant of the Highway 53 and Highway 29 interchange. The level site offers high visibility and is suitable for commercial and light industrial use. Approximately 5.5 acres of the parcel is wooded at the southern end, with the remaining tillable land currently being farmed. Municipal water is available at the lot line. The location benefits from substantial traffic volume, with Highway 53 recording over 22,000 vehicles per day and Highway 29 recording over 28,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Discount Store Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chippewa Falls
    County
    Chippewa
    State
    Wisconsin
    Longitude
    -91.4379
    Latitude
    44.9743

    Nearby Similar for Sale

    • $399,000
      5,400 SF

      Commercial Property in Lake Hallie

      Versatile commercial property suitable for various business uses.
      3601 129 St, Chippewa Falls, WI 54729
      View Details
    • $279,900
      2,116 SF

      Updated Building with Highway Visibility

      Updated commercial building with highway visibility near Lake Wissota.
      19845 County Highway X, Chippewa Falls, WI 54729
      View Details
    • $199,000
      1,664 SF

      Mixed-Use Duplex in Chippewa Falls

      Updated duplex suitable for residential or office use near downtown.
      204 W Grand Ave, Chippewa Falls, WI 54729
      View Details
    • $199,900
      1,824 SF

      Chippewa Falls Duplex Investment

      Well-maintained duplex near downtown Chippewa Falls with investment potential.
      326 W Spring St, Chippewa Falls, WI 54729
      View Details
    • $374,900
      3,472 SF

      Victorian Building in Downtown Chippewa

      Six-bedroom Victorian with commercial and residential potential in downtown.
      603 Bay St, Chippewa Falls, WI 54729
      View Details
    • $275,000
      2,760 SF

      Established Tavern with Apartment

      Turnkey tavern with attached apartment near Chippewa Falls, WI.
      14951 State Hwy 124, Chippewa Falls, WI 54729
      View Details
    • $259,900
      1,248 SF

      Chippewa Falls Triplex Investment

      Triplex with long-term tenants, offering income potential.
      204 W Cedar St, Chippewa Falls, WI 54729
      View Details
    • $1,200,000
      1,672 SF

      Established Bar and Grill For Sale

      Well-established bar and grill with duplexes near Lake Wissota.
      18091 County Highway X, Chippewa Falls, WI 54729
      View Details
    • $229,900
      1,852 SF

      Chippewa Falls Duplex on Corner

      Well-maintained duplex with fenced yard, ideal for owner-occupancy.
      2 S Rural St, Chippewa Falls, WI 54729
      View Details
    • $239,900
      2,016 SF

      Chippewa Falls Duplex on Corner

      Two-story duplex near downtown and schools with tenant occupancy.
      505 W Willow St, Chippewa Falls, WI 54729
      View Details
    • $219,900
      1,824 SF

      Chippewa Falls Duplex For Sale

      West Hill duplex with rental income potential or owner-occupancy.
      126 W Cedar St, Chippewa Falls, WI 54729
      View Details
    • $124,900
      800 SF

      Chippewa Falls Commercial Building

      800 sq ft commercial building with flexible use potential.
      1 W Park Ave, Chippewa Falls, WI 54729
      View Details

    FAQs

    What type of property is this?
    Commercial land - Large, visible industrial land parcel suitable for commercial or light industrial.
    Where is this commercial land located?
    The property is located at 120 Ave Chippewa Falls, WI.
    What is the asking price?
    The asking price for this property is $679,000.
    What are key features of this property?
    This property features: - Highly visible location at the intersection of HWY 53 and HWY 29.; - Large traffic counts on HWY 53 (22,000+) and HWY 29 (28,000+).; - Priced at $.61 psf.
    (715) 514-5440
    Request Owner's contact information
    120 Ave Chippewa Falls, WI 54729
    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.
    120 Ave
    Chippewa Falls, WI 54729
    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
    120 Ave Chippewa Falls, WI 54729
    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
    The Raven Team
    (715) 514-5440
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.