Building Details

Year Built 2018

Tenancy Multi

Listing Agency: RE/MAX Results

Listed By: Dan Stacey · License #5620094 Show Phone

Source: Nikolicgroup

Added: Jul 24 Changed: Oct 13 Last Checked: Oct 7 at 5:19PM

Report an Issue

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 RE/MAX Results

Investment Insights

Based on property information with market context.

This 2,463 SF office unit is located in a professional condominium building completed in 2018. The suite includes a private entrance, a bright foyer, a modern reception area with a tiered stone-accent desk, 11-foot ceilings, seven offices, two restrooms, a conference room, and open collaboration space. The layout is suited to professional service operations requiring a mix of private rooms and shared work areas.

The property is at 814 Main St S in Holmen, Wisconsin, with parking available for clients and visitors. Building maintenance is handled through the condominium association, supporting a simplified ownership and management structure.

Key Highlights

• 2,463 SF office suite in a professional condominium building
• Seven offices and two restrooms
• 11‑foot ceilings with open collaboration space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,935

Cap Rate

5.46%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$518,700 $518.7K

Cap Rate 7%

$370,500 $370.5K

Cap Rate 9%

$288,167 $288.2K

Market Conditions

NOI Build-Up for 2,463 SF

Gross rent

$44.3K $18.00/SF

− Vacancy

−$9.8K −$3.96/SF

EGI

$34.6K $14.04/SF

− OpEx

−$8.6K −$3.51/SF

NOI

$25.9K $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%

$518,700

Cap Rate 7%

$370,500

Cap Rate 9%

$288,167

Alternative Uses

Best Use

Office B

$370.5K

$324.2K – $432.3K (±1% cap)

NOI $25,935 @ 7.0% cap · market cap 5.46%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$538.7K

$471.3K – $628.4K (±1% cap)

NOI $37,706 @ 7.0% cap · market cap 7.94%

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

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Lowman Family Dental Dental Office Optical Fashions Eye ... Physician Premier Spine Health ... Alternative Medicine Practice Dr. Andrew Jones Alternative Medicine Practice David Lowman Dental Office

Suggested Use

Top Pick Law Firm HVAC Service Pharmacy Bakery Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

359

Businesses Nearby

Explore this area Business Placement

Demographics for 54636, WI

16,338

Population

6,517

Households

2.5

Avg Household Size

39

Median Age

35%

College-Educated

97%

High-School Grad

83.0 sq mi

ZIP Area

197

Density / Sq Mi

$91,156

Median Household Income

$47,699

Median Earnings

$1,145

Median Rent

$290,600

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

New Flex Space with Road Frontage

421 North Star Rd, Holmen, WI 54636

$309,900

1,650 SF

View details

Established Golf Course and Restaurant

Holmen, WI 54636

$4,975,000

10,000 SF

View details

Corporate Guaranteed Dollar General

1815 Spakenburg Rd, Holmen, WI 54636

$2,305,000

View details

Frequently Asked Questions

What type of property is this?

Office units - Modern condominium office suite with private entry, reception area, collaboration space, and convenient client parking.

Where is this office units located?

The property is located at 814 Main St S Holmen, WI.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: 2,463 SF office suite in a professional condominium building; Seven offices and two restrooms; 11‑foot ceilings with open collaboration space