Office Unit with
700 3rd Street N N ##011, La Crosse, WI 54601
For Sale
New
Contact for pricing
The building provides shared parking, restrooms on every floor, and utilities included.
Property Size528 SF
Price / SF$1.43
Days on Market5
Property Features for 700 3rd Street N N ##011
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Zoning
Additional Details
Property Use
Amenities
parking
bathrooms on each level
vaulted main level common area
Building Details
Building Size
Year Built
Listing Agency:
Exp Realty LLC
(866) 848-6990
Listed By:
Spenser Nickelatti · License WI #8335794
(608) 498-1323
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 13 at 4:38PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit is in a building constructed in 1980, with an elevator and a vaulted common area on the main level. Restrooms are available on each floor, and utilities are included. The property also offers parking and an opportunity for exterior signage.
At 700 3rd Street N in La Crosse, the building is located just north of downtown.
At 700 3rd Street N in La Crosse, the building is located just north of downtown.
Key Highlights
- Elevator access and a vaulted common area on the main floor
- Utilities included; restrooms on each floor
- Parking available at the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,560
Suggested Prices Based on Cap Rates
Cap Rate 5%
$111,200
$111.2K
Cap Rate 7%
$79,429
$79.4K
Cap Rate 9%
$61,778
$61.8K
Market Conditions
NOI Build-Up for 528 SF
Gross rent
$9.5K $18.00/SF
− Vacancy
−$2.1K −$3.96/SF
EGI
$7.4K $14.04/SF
− OpEx
−$1.9K −$3.51/SF
NOI
$5.6K $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%
$111,200
Cap Rate 7%
$79,429
Cap Rate 9%
$61,778
Alternative Uses
Best Use
Office B
$79.4K
$69.5K – $92.7K
NOI $5,560 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$115.5K
$101.0K – $134.7K
NOI $8,083 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,680
Businesses Nearby
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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
$220,200
Median Home Value
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Market
Average Price Trend$/SF for Office Units in La Crosse County, WI
Properties on Market for Office Units in La Crosse County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The building provides shared parking, restrooms on every floor, and utilities included.
Where is this office unit located?
The property is located at 700 3rd Street N N ##011 La Crosse, WI.
What are key features of this property?
This property features: Elevator access and a vaulted common area on the main floor; Utilities included; restrooms on each floor; Parking available at the building
