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    Vacant Commercial Land Opportunity Title is generated by Realmo AI

    226 E Blackhawk Avenue, Prairie du Chien, WI 53821

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    For Sale
    $249,900

    Automotive,Other,Vacant land - Prairie Du Chien, WI

    Added:
    Feb 6, 2026
    Days on Market:
    118
    Last Refresh:
    Jun 4 at 12:06 pm

    Property Features for 226 E Blackhawk Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Interior features
    Overhead doors, Shared Restrooms
    Exterior features
    Alley
    Standard status
    Active
    APN
    27117580000

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2144

    Utilities

    Heating system
    Wall Furnace

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    1
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Gary Adams
    Gary Adams

    Listing agent Gary Adams

    Listing office Adams Auction and Real Estate 32900 State Hwy 27, Prairie du Chien, WI

    Listing date Feb 6, 2026

    MLS# 2006437 Listing URL

    Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime commercial location in the heart of Prairie du Chien.
    • HIGH VISIBILITY with 321 feet of road frontage on Blackhawk Avenue.
    • Dual access from Blackhawk Avenue and Michigan Street, plus alley access.
    • Two connected parcels offering room to grow.
    • Flexible ingress and egress for customers, deliveries, and service vehicles.
    • Overhead doors for convenient loading and unloading.

    Overview

    This vacant commercial land offering consists of two connected parcels, creating a flexible footprint for redevelopment. The property is presented as a prime opportunity in a central business setting, with road frontage that supports everyday visibility. With multiple ingress and egress options, the site is well suited for tenants or operators looking for adaptability in how they serve customers, deliveries, and service vehicles.

    The front parcel provides high visibility along Blackhawk Avenue, while the rear parcel adds additional access from Michigan Street and an alleyway. That combination can support practical traffic flow and operational flexibility, whether a user plans for customer parking, deliveries, or service access. The overall configuration is designed for businesses that want a location with both visibility and dependable connectivity between site entrances.

    Given its commercial zoning and central placement, this land is a strong candidate for a wide range of business concepts that require a build-ready site. Prospective buyers and tenants can evaluate the parcel layout and access points to determine the best way to position an improvement, take advantage of street-facing presence, and plan for efficient movement in and out of the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Prairie du Chien
    County
    Crawford
    State
    Wisconsin
    Longitude
    -91.144221
    Latitude
    43.05148

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    FAQs

    What type of property is this?
    Commercial land - Two connected parcels offer strong street visibility and multiple access points for a future retail or service use.
    Where is this commercial land located?
    The property is located at 226 E Blackhawk Avenue Prairie du Chien, WI.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Prime commercial location in the heart of Prairie du Chien.; HIGH VISIBILITY with 321 feet of road frontage on Blackhawk Avenue.; Dual access from Blackhawk Avenue and Michigan Street, plus alley access.
    (608) 513-9343
    We can help!
    Listing Contact
    Gary Adams
    Gary Adams
    Real Estate License ID: 7995394
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    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.

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    226 E Blackhawk Avenue, Prairie Du Chien, WI 53821
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