Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multifamily Property on Broadway Street Title is generated by Realmo AI

    503 Broadway St S, Menomonie, WI 54751

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Multifamily property located at 503 Broadway St S.

    Type:Multifamily
    Added:
    Mar 6, 2026
    Days on Market:
    91
    Last Refresh:
    Apr 5 at 11:05 pm

    Property Features for 503 Broadway St S

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    Building Details

    Year Built
    2015

    We can help!

    Listing Contact
    Ryan Erickson

    Listing agent Ryan Erickson License #WI #58263-90

    Listing office

    Listing date Mar 6, 2026

    Source Naiglobal

    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 Ryan Erickson

    HighLights

    • Built in 2015
    • Located at 503 Broadway St S

    Overview

    The property is located at 503 Broadway St S.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Menomonie
    County
    Dunn
    State
    Wisconsin
    Longitude
    -91.9299
    Latitude
    44.8785

    Nearby Similar for Sale

    • $425,000
      3,278 SF

      Versatile Commercial Office Building

      Commercial office building with high visibility and accessibility.
      2108 S Broadway Street, Menomonie, WI 54751
      View Details
    • $359,500
      2,209 SF

      Menomonie Office Building For Sale

      Quality office building ideal for various professional or medical uses.
      1813 & 1819 Wilson Street NE, Menomonie, WI 54751
      View Details
    • $297,000
      2,209 SF

      Menomonie Office Building For Sale

      Office building in North Menomonie, ideal for various businesses.
      1813 Wilson Street NE, Menomonie, WI 54751
      View Details
    • $275,000
      2,048 SF

      Well-Maintained Duplex With In-Unit Laundry

      Two separately metered units with forced-air heating, central air, and laundry in each unit for flexible living arrangements.
      1104 7th Street E, Menomonie, WI 54751
      View Details
    • $350,000
      4,320 SF

      Prime Commercial Space, Menomonie, WI

      Versatile commercial property in downtown Menomonie, high foot traffic.
      719 S Broadway Street, Menomonie, WI 54751
      View Details
    • $369,000
      2,807 SF

      Menomonie Duplex: Investor or Owner

      Side-by-side duplex in desirable area, ideal for investors.
      N7018/7020 564th Street, Menomonie, WI 54751
      View Details
    • $2,390,000
      14,200 SF

      Updated Building in Menomonie, WI

      Extensively renovated commercial building suitable for sale or lease.
      2000 Stout Street, Menomonie, WI 54751
      View Details
    • $585,000
      4,332 SF

      Iconic Wisconsin Sports Bar/Dance Club

      Wisconsin sports bar and dance club with apartment for sale.
      619 Broadway S Street, Menomonie, WI 54751
      View Details
    • $2,690,000
      14,200 SF

      Menomonie Updated Commercial Building For Sale

      Extremely well-updated building, renovated in 2022, great location, easy access.
      2000 Stout Street, Menomonie, WI 54751
      View Details
    • $495,000
      3,182 SF

      Iconic Wisconsin Sports Bar For Sale

      Profitable sports bar and dance club with apartment and patio.
      619 Broadway Street S, Menomonie, WI 54751
      View Details
    • $1,600,000
      14,138 SF

      Menomonie Commercial Office/Flex Property

      Well-maintained 14,138 SF commercial office/flex property in Menomonie, WI.
      401 TECHNOLOGY DR E, MENOMONIE, WI
      View Details
    • $385,000
      2,209 SF

      Menomonie Office Building For Sale

      Office building suitable for medical, daycare, or professional services.
      1813 & 1819 Wilson Street NE, Menomonie, WI 54751
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Multifamily property located at 503 Broadway St S.
    Where is this multifamily property located?
    The property is located at 503 Broadway St S Menomonie, WI.
    What are key features of this property?
    This property features: Built in 2015; Located at 503 Broadway St S
    (715) 318-8666
    We can help!
    Listing Contact
    Ryan Erickson
    Real Estate License ID: WI #58263-90
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    503 Broadway St S, Menomonie, WI 54751
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!