Seven-Office
For Sale
Contact for pricing
221-505 King St, La Crosse, WI 54601
The interior is arranged around seven private offices, a conference room and a kitchenette-equipped break area.
Property Size1,750 SF
Price / SF$0.89
Days on Market745
Property Features for 221-505 King St
General Information
Standard status
Active
Size
1,750 SF
Amenities
7 offices
conference room
break room with kitchenette
Listing Agency:
eXp Realty LLC
(866) 848-6990
Listed By:
Spenser Nickelatti · License #8335794
(608) 498-1323
Source:
Exprealty
Added: Oct 4, 2024
Changed: Oct 16
Last Checked: Oct 16 at 2:13PM
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 eXp Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,750-square-foot office suite at 221-505 King St in La Crosse is configured with seven offices and a conference room. A break area includes a kitchenette. The property is part of the 505 King building, located on the outskirts of downtown. Parking is limited.
Key Highlights
- 1,750‑square‑foot office suite
- Seven offices and a conference room
- Break area with kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,428
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,560
$368.6K
Cap Rate 7%
$263,257
$263.3K
Cap Rate 9%
$204,756
$204.8K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$31.5K $18.00/SF
− Vacancy
−$6.9K −$3.96/SF
EGI
$24.6K $14.04/SF
− OpEx
−$6.1K −$3.51/SF
NOI
$18.4K $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%
$368,560
Cap Rate 7%
$263,257
Cap Rate 9%
$204,756
Alternative Uses
Best Use
Office B
$263.3K
$230.4K – $307.1K
NOI $18,428 @ 7.0% cap · market cap 1,183.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$382.7K
$334.9K – $446.5K
NOI $26,791 @ 7.0% cap · market cap 1,720.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,699
Businesses Nearby
Explore this area
Business Placement
Demographics for 54601, WI
51,090
Population
22,652
Households
2.3
Avg Household Size
32
Median Age
40%
College-Educated
96%
High-School Grad
75.4 sq mi
ZIP Area
678
Density / Sq Mi
$60,078
Median Household Income
$31,143
Median Earnings
$998
Median Rent
$220,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - The interior is arranged around seven private offices, a conference room and a kitchenette-equipped break area.
Where is this office units located?
The property is located at 221-505 King St La Crosse, WI.
What are key features of this property?
This property features: 1,750‑square‑foot office suite; Seven offices and a conference room; Break area with kitchenette
