Building Details

Building Size 1,050 SF

Year Built 2001

Listing Agency: Beiser Realty, LLC i***@beiserrealty.com Show Phone

Listed By: Dyani Chamberlin · License #91701101 Show Phone

Source: Howardandwilliams

Added: Oct 30 Last Checked: Oct 30 at 2:09AM

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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 Beiser Realty, LLC

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Investment Insights

Based on property information with market context.

This office unit contains 1,050 square feet and was built in 2001. Its B-2 zoning is a documented land-use designation for the property.

The property is at 5676 County Rd Ii in Larsen, Wisconsin, with access to Highway 45 described as minutes away.

Key Highlights

• 1,050‑square‑foot office unit
• Built in 2001
• Zoned B‑2

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,907

Cap Rate

4.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$238,140 $238.1K

Cap Rate 7%

$170,100 $170.1K

Cap Rate 9%

$132,300 $132.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,050 SF

Gross rent

$18.9K $18.00/SF

− Vacancy

−$3.0K −$2.88/SF

EGI

$15.9K $15.12/SF

− OpEx

−$4.0K −$3.78/SF

NOI

$11.9K $11.34/SF

Area

Winnebago County, WI

Vacancy

16.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$238,140

Cap Rate 7%

$170,100

Cap Rate 9%

$132,300

Alternative Uses

Best Use

Office B

$170.1K

$148.8K – $198.5K (±1% cap)

NOI $11,907 @ 7.0% cap · market cap 4.43%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$226.6K

$198.3K – $264.4K (±1% cap)

NOI $15,864 @ 7.0% cap · market cap 5.90%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Restaurant Department Store Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

Explore this area Business Placement

Demographics for 54947, WI

2,667

Population

1,044

Households

2.6

Avg Household Size

47

Median Age

29%

College-Educated

96%

High-School Grad

46.5 sq mi

ZIP Area

57

Density / Sq Mi

$96,429

Median Household Income

$51,818

Median Earnings

$911

Median Rent

$266,700

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Frequently Asked Questions

What type of property is this?

Office unit - The 2001-built office space offers 1,050 square feet in a B-2-zoned property.

Where is this office unit located?

The property is located at 5676 County Rd Ii Larsen, WI.

What is the asking price?

The asking price for this property is $269,000.

What are key features of this property?

This property features: 1,050‑square‑foot office unit; Built in 2001; Zoned B‑2