Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3976 Mormon Coulee Rd La Crosse, WI 54601
    Property profile & analytics

    3976 Mormon Coulee Rd, La Crosse, WI 54601

    View on Map
    • Retail properties & Spaces
    • 510 SF
    • 0.31 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3976 Mormon Coulee Rd

    Year built
    2024
    Lot size
    0.31 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional investment opportunity presents a brand-new, 510-square-foot 7 Brew retail building in La Crosse, Wisconsin. The property boasts a 20-year absolute NNN lease with a 6.75% cap rate and attractive 10% rent bumps every five years, ensuring a stable and growing income stream. The lease extends to December 31, 2044, and includes four five-year renewal options. The building, constructed in 2024, is custom-designed for 7 Brew, featuring a drive-thru and walk-up window, and is situated on a 0.305-acre lot in a high-traffic area. The location benefits from excellent visibility and accessibility at a signalized intersection of Losey Blvd S & US-14, with traffic counts exceeding 39,190 cars per day. This pad site is part of a shopping center anchored by Big Lots and Goodwill, and is surrounded by numerous other national retailers. The property's strong tenant, Brew 4 You LLC, operates two existing locations and has a development agreement for sixteen more within five years, further strengthening the investment's security. The lease is also backed by three personal guarantors. The surrounding area boasts a robust population of 53,754 within a five-mile radius and an average household income of $88,495 within one mile, indicating a strong consumer base. The property's proximity to the University of Wisconsin-La Crosse, Viterbo University, Western Technical College, Gundersen Lutheran Medical Center, and the Mayo Clinic La Crosse further enhances its appeal. This is a fee-simple ownership opportunity (building and land). The property is zoned C. The Net Operating Income (NOI) is $133,416. The asking price is $1,977,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Crosse
    County
    La Crosse
    State
    Wisconsin
    Longitude
    -91.219
    Latitude
    43.7743

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      221 3Rd St

      Restaurants
      221 3Rd St, La Crosse, WI 54601
      View Details
    • Value Estimation by Request

      401 2Nd St

      Restaurants
      401 2Nd St, La Crosse, WI 54601
      View Details
    • Value Estimation by Request
      3,100 SF

      000 000

      Restaurants
      000 000, La Crosse, WI 54601
      View Details
    • Value Estimation by Request
      3,879 SF

      1630 Losey S Blvd

      FINANCIAL BUILDING
      1630 Losey S Blvd, La Crosse, WI 54601-6104
      View Details
    • Value Estimation
      $515,000
      9,927 SF

      2715 Losey S Blvd

      FINANCIAL BUILDING
      2715 Losey S Blvd, La Crosse, WI 54601-7409
      View Details
    • Value Estimation by Request
      5,784 SF

      4401 Mormon Coulee Rd

      FINANCIAL BUILDING
      4401 Mormon Coulee Rd, La Crosse, WI 54601-8220
      View Details

    Similar Nearby for Sale

    • $200,000

      Dublin Square Irish Pub Landmark

      Profitable, historic La Crosse Irish pub with loyal clientele.
      103 3Rd St, La Crosse, WI 54601
      View Details
    • $499,900
      1,700 SF

      Turnkey Restaurant Opportunity in La Crosse

      Established restaurant for sale in La Crosse, Wisconsin.
      1123 3Rd St, La Crosse, WI 54601
      View Details
    • New
      $800,000
      2,320 SF

      Commercial Property with Residential House

      Commercial property with house and garage on corner lot.
      4430 Mormon Coulee Rd, La Crosse, WI 54601
      View Details
    • $1,150,000
      9,000 SF

      Historic Mixed-Use Investment Opportunity

      Downtown La Crosse mixed-use property with retail and apartments.
      423 Main St, La Crosse, WI 54601
      View Details
    • New
      $675,000
      1,512 SF

      Mixed-Use Hospitality and Rental Property

      Corner commercial building operating as an inn with a bar and residential rental units, plus dedicated off-street parking.
      820 5Th Ave, La Crosse, WI 54601
      View Details
    • Contact for pricing

      Mixed-Use Property in Downtown La Crosse

      Mixed commercial/residential property with bar and apartment in downtown.
      411 3Rd St S, La Crosse, WI 54601
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      22,000 SF

      Historic Landmark Mixed-Use Development

      Mixed-use development with retail, office, and restaurant leasing opportunities.
      401 2Nd St North, La Crosse, WI 54601
      View Details
    • Contact for pricing

      Downtown La Crosse Retail/Office Space

      Renovated retail/office space in downtown La Crosse with storage.
      221 3Rd St S, La Crosse, WI 54601
      View Details
    • Contact for pricing

      Mixed-Use Development Leasing Opportunity

      Mixed-use development with leasing opportunities for various tenants.
      525 2Nd St N, La Crosse, WI 54601
      View Details
    • Contact for pricing

      Retail Space on Main Street

      Single tenant retail space available for rent.
      515 Main St, La Crosse, WI 54601
      View Details
    • Contact for pricing

      Historic Landmark Mixed-Use Development

      Mixed-use development in downtown La Crosse with leasing opportunities.
      525 2Nd St, La Crosse, WI 54601
      View Details
    • Contact for pricing
      1,300 SF

      Retail Center Near University Campuses

      Retail spaces available in La Crosse near universities.
      4242-4340 Mormon Coulee Rd, La Crosse, WI 54601
      View Details
    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.
    3976 Mormon Coulee Rd
    La Crosse, WI 54601
    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
    3976 Mormon Coulee Rd, La Crosse, WI, 54601
    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!