Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    N168W21941 Main St Jackson, WI 53037
    Back to Search
    Property profile & analytics

    N168W21941 Main St Jackson, WI 53037

    View on Map
    • Commercial real estate
    • 2,042 SF
    • 0.14 lot acres
    For Sale
    $199,000
    View Listing →
    Prime Jackson Commercial Space For Sale
    $199,000
    2,042 SF

    Prime Jackson Commercial Space

    Turnkey Restaurant, High Profit Potential

    N168W21941 Main St, Jackson, WI 53037
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hong Kong Express / Restaurant

    Property Details for N168W21941 Main St

    Year built
    1998
    Lot size
    0.14 lot acres
    Property size
    2,042 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at N168W21941 Main STREET, Jackson, WI, presents a unique investment opportunity. The 2,042 square foot building sits on a 0.14-acre lot and is currently operating as a successful Asian restaurant. However, its versatile design and layout make it easily adaptable to a wide range of culinary concepts. The property is offered at $199,000 and is completely turnkey, meaning a new owner can step in and begin operations immediately, minimizing setup time and costs. All necessary equipment and infrastructure are in place, allowing for a seamless transition. The existing restaurant's profitability demonstrates the location's strong potential for continued success. This prime commercial space is ideally situated in Jackson, WI, offering excellent visibility and accessibility. The building's adaptable interior provides ample space for dining, kitchen operations, and storage. This is a rare chance to acquire a profitable, established business or to launch your own culinary venture in a thriving community. Don't miss this opportunity to own a piece of Jackson's vibrant commercial landscape. Serious inquiries are encouraged to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    WASHINGTON
    State
    Wisconsin
    Longitude
    -88.1809
    Latitude
    43.3238

    Comparable in this City

    • Value Estimation by Request
      5.74 Acres

      218th Delaney Ct

      COMMERCIAL (GENERAL) • 5.74 Acres
      218th Delaney Ct, Jackson, WI 53037-2000
      View Details
    • Value Estimation by Request
      3.16 Acres

      218th Delaney Ct

      COMMERCIAL (GENERAL) • 3.16 Acres
      218th Delaney Ct, Jackson, WI 53037-2000
      View Details
    • Value Estimation by Request

      169th Georgetown Dr

      COMMERCIAL (GENERAL)
      169th Georgetown Dr, Jackson, WI 53037-9300
      View Details
    • Value Estimation by Request

      168th Main St

      COMMERCIAL (GENERAL)
      168th Main St, Jackson, WI 53037-9414
      View Details
    • Value Estimation by Request

      168th Main St

      COMMERCIAL (GENERAL)
      168th Main St, Jackson, WI 53037-9410
      View Details
    • Value Estimation by Request

      168th Main St

      COMMERCIAL (GENERAL)
      168th Main St, Jackson, WI 53037-9323
      View Details

    Similar Nearby for Sale

    • $425,000
      1,300 SF

      Prime Jackson Commercial Property

      High-visibility, Hwy 60 frontage, development ready.
      N168W21873 Main St, Jackson, WI 53037
      View Details
    • $199,000
      2,042 SF

      Prime Jackson Commercial Space

      Turnkey Restaurant, High Profit Potential
      N168W21941 Main St, Jackson, WI 53037
      View Details
    • Contact for pricing

      Jackson Northwest Business Park Land

      Prime industrial land in a growing business park.
      1/8 Interchange, Jackson, WI 53037
      View Details
    • $589,000

      Commercial Land Near Highway Access

      Commercial land with proximity to highways 45 and 41.
      21580 Main St, Jackson, WI 53037
      View Details
    • $120,000
      0.46 Acres

      Residential Lot in Valleywood Subdivision

      Spacious 0.46-acre residential lot in a quiet cul-de-sac.
      Lt20 Stoffel Ct, Jackson, WI 53037
      View Details
    • Contact for pricing

      Jackson Northwest Business Park Land

      Industrial land in a growing business park with utilities.
      1/8 Interchange, Jackson, WI 53037
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease.
      N169W21090 Meadow Ln, Jackson, WI 53037
      View Details
    • Contact for pricing

      Industrial Single Tenant Space

      Industrial space available for rent, single tenant, 5,554 SqFt.
      N173W21120 Northwest Psge, Jackson, WI 53037
      View Details
    • Contact for pricing

      Industrial Space with 10-Ton Crane

      Industrial property featuring a 10-ton crane and training room.
      W204N16635 Jackson Dr, Jackson, WI 53037
      View Details
    • Contact for pricing

      Industrial Space with 10-Ton Crane

      Industrial property featuring a 10-ton crane and training room.
      W204 Jackson Dr, Jackson, WI 53037
      View Details
    • Contact for pricing
      2,605 SF

      Office Space Near I-45

      Office space for rent with convenient highway access.
      16867 Tillie Lake Ct, Jackson, WI 53037
      View Details
    • Contact for pricing
      800 SF

      Retail Space with Highway Access

      Retail space with easy access to I-45 and Highway 60.
      16845-16857 Tillie Lake Ct, Jackson, WI 53037
      View Details
    View Listing
    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.
    N168W21941 Main St
    Jackson, WI 53037
    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
    N168W21941 Main St, Jackson, WI, 53037
    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!