Remodeled Gas Station For
For Sale
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2119 Cameron St, Eau Claire, WI 54703
Remodeled Amoco gas station in high-visibility Eau Claire location.
Property Size4,680 SF
Price / SF$404.91
Days on Market161
Property Features for 2119 Cameron St
General Information
Standard status
Active
Size
4,680 SF
Class
B
Property subtype
Business for Sale, Land, Mixed Use, Retail, Special Purpose
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
1994
Year Renovated
2024
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Prime Net Lease
Listed By:
Michael Matusik · License #CA 01888322
(800) 948-1250
Source:
Crexi
Added: Mar 26
Changed: Aug 24
Last Checked: Aug 31 at 6:01AM
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 Prime Net Lease
Investment Insights
Based on property information with market context.
Located at 2119 Cameron Street in Eau Claire, WI, this remodeled Amoco gas station offers a 4,680 sq. ft. property suitable for owner-users. The property is situated in a high-visibility location within the Eau Claire–Chippewa Falls MSA, along a busy corridor. The location provides accessibility and exposure, with surrounding major national retailers including Walgreens, Menards, and McDonald's. The facility allows for additional services, such as an oil change or auto repair shop. The property offers tax benefits, including bonus depreciation opportunities. The Amoco station has a history of strong sales and is located in one of Eau Claire’s commercial corridors.
Key Highlights
- High‑visibility location on a busy commercial corridor in Eau Claire.
- Remodeled 4,680 sq. ft. Amoco gas station.
- Surrounded by major national retailers (Walgreens, Menards, McDonald's).
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
$64,819
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
3.42%
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%
$1,296,380
$1.3M
Cap Rate 7%
$925,986
$926.0K
Cap Rate 9%
$720,211
$720.2K
Market Conditions
NOI Build-Up for 4,680 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
$88.7K $18.96/SF
− Vacancy
−$2.3K −$0.49/SF
EGI
$86.4K $18.47/SF
− OpEx
−$21.6K −$4.62/SF
NOI
$64.8K $13.85/SF
Area
Eau Claire County, WI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
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%
$1,296,380
Cap Rate 7%
$925,986
Cap Rate 9%
$720,211
Alternative Uses
Best Use
Industrial
$5.28M
$4.62M – $6.16M
NOI $369,729 @ 7.0% cap · market cap 19.51%
Second Best
Specialty Retail
$926.0K
$810.2K – $1.08M
NOI $64,819 @ 7.0% cap · market cap 3.42%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 54703, WI
44,593
Population
19,120
Households
2.3
Avg Household Size
35
Median Age
31%
College-Educated
95%
High-School Grad
81.1 sq mi
ZIP Area
550
Density / Sq Mi
$68,801
Median Household Income
$37,521
Median Earnings
$986
Median Rent
$224,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Remodeled Amoco gas station in high-visibility Eau Claire location.
Where is this gas station located?
The property is located at 2119 Cameron St Eau Claire, WI.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: High‑visibility location on a busy commercial corridor in Eau Claire.; Remodeled 4,680 sq. ft. Amoco gas station.; Surrounded by major national retailers (Walgreens, Menards, McDonald's).
