Office Suite With
For Sale
Contact for pricing
370-505 King St, La Crosse, WI 54601
Third-floor workspace offers three offices, a central area, and utility service excluding electricity.
Property Size715 SF
Price / SF$1.03
Days on Market824
Property Features for 370-505 King St
General Information
Standard status
Active
Size
715 SF
Additional Details
Floor
3
Utilities to Site
Yes
Listing Agency:
eXp Realty LLC
(866) 848-6990
Listed By:
Spenser Nickelatti · License #8335794
(608) 498-1323
Source:
Exprealty
Added: Jul 15, 2024
Changed: Oct 15
Last Checked: Oct 15 at 2:10AM
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.
Located at 370-505 King St in La Crosse, this 715-square-foot office suite occupies the building’s third floor. Its layout includes three offices and a main area, with windows in the executive office and elsewhere in the suite. Utilities are included except for electricity. Parking is limited.
Key Highlights
- 715‑square‑foot office suite on the third floor
- Three offices plus a main area
- Windows in the executive office and suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,529
Suggested Prices Based on Cap Rates
Cap Rate 5%
$150,580
$150.6K
Cap Rate 7%
$107,557
$107.6K
Cap Rate 9%
$83,656
$83.7K
Market Conditions
NOI Build-Up for 715 SF
Gross rent
$12.9K $18.00/SF
− Vacancy
−$2.8K −$3.96/SF
EGI
$10.0K $14.04/SF
− OpEx
−$2.5K −$3.51/SF
NOI
$7.5K $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%
$150,580
Cap Rate 7%
$107,557
Cap Rate 9%
$83,656
Alternative Uses
Best Use
Office B
$107.6K
$94.1K – $125.5K
NOI $7,529 @ 7.0% cap · market cap 1,022.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$156.4K
$136.8K – $182.4K
NOI $10,946 @ 7.0% cap · market cap 1,487.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,630
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 - Third-floor workspace offers three offices, a central area, and utility service excluding electricity.
Where is this office units located?
The property is located at 370-505 King St La Crosse, WI.
What are key features of this property?
This property features: 715‑square‑foot office suite on the third floor; Three offices plus a main area; Windows in the executive office and suite
