Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    111 North St Adams, WI 53910

    For Sale
    $13,367,763

    Ten Class A buildings, high occupancy.

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity comprises ten Class A executive office buildings strategically located throughout Wisconsin. The portfolio boasts a total of 2,000 to 27,000 square feet across various locations, including Adams, Balsam Lake, Peshtigo, Platteville, Portage, Rhinelander, Shawano, Sheboygan, Wausau, and Sparta. Built between 1994 and 2007, these properties currently enjoy a 90% occupancy rate, with leases averaging a 5-year term and incorporating escalator clauses. The asking price is $13,367,763, representing a compelling 8.10% cap rate and a price per square foot of $148.99. Tenants include various Wisconsin state agencies and a few non-state entities. While properties can be purchased individually, multiple property acquisitions are preferred. The portfolio's average lease term to maturity, including options, is 26 months, excluding ten leases currently in the renewal process. This presents a strong, diversified investment opportunity with significant potential for long-term growth and return. The portfolio's diverse geographic spread minimizes risk and offers a compelling opportunity for 1031 exchange investors. Detailed lease information and property-specific data are available upon request.

    Property Features for 111 North St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,000 SF
    Class
    A
    Lot Size
    2,923,312 SF

    Building Details

    Year Built
    1994

    HighLights

    • Ten Class A executive office buildings in Wisconsin, totaling 2,000‑27,000 square feet each.
    • 90% occupancy rate with 5‑year leases including escalator clauses.
    • Asking price: $13,367,763, offering an 8.10% cap rate and $148.99/SF.
    • Tenants include Wisconsin state agencies and other entities; individual or portfolio purchase available.
    • Average lease term to maturity (excluding renewals) is 26 months; ideal for 1031 exchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Corrections-Probation & Parole Correctional Services Department

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Adams
    County
    Adams
    State
    Wisconsin
    Longitude
    -89.8155064
    Latitude
    43.9665666

    Nearby Comparable

    • $84,500

      Adams Church with Potential

      Church in Adams, WI, featuring a newer metal roof.
      172 N Main St St, Adams, WI 53910
      View Details
    • $249,000

      Prime Adams Commercial Building

      Retail/Office Space - High Visibility
      159 Ann St, Adams, WI 53910
      View Details

    Nearby Similar for Sale

    • $84,500

      Adams Church with Potential

      Church in Adams, WI, featuring a newer metal roof.
      172 N Main St St, Adams, WI 53910
      View Details
    • $249,000
      2,700 SF

      Adams Commercial Building - Prime Location

      Well-maintained, high-visibility commercial space.
      159 Ann St, Adams, WI 53910
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Ten Class A buildings, high occupancy.
    Where is this office property / space located?
    The property is located at 111 North St Adams, WI.
    What is the asking price?
    The asking price for this property is $13,367,763.
    What are key features of this property?
    This property features: Ten Class A executive office buildings in Wisconsin, totaling 2,000-27,000 square feet each.; 90% occupancy rate with 5-year leases including escalator clauses.; Asking price: $13,367,763, offering an 8.10% cap rate and $148.99/SF.
    Request Owner's contact information
    111 North St Adams, WI 53910
    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.
    111 North St
    Adams, WI 53910
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    111 North St Adams, WI 53910
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.