Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    715 St Croix St River Falls, WI 54022

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    715 St Croix St River Falls, WI 54022

    View on Map
    • Warehouses
    • 143,975 SF
    • 7.24 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 715 St Croix St

    Year built
    1966
    Lot size
    7.24 lot acres
    Property size
    143,975 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional value-add industrial investment opportunity, River Falls I, presents a 143,975 square foot multi-tenant warehouse situated on 7.24 acres in River Falls, Wisconsin. The property boasts 82% occupancy with 11 tenants and a strong net operating income (NOI) of $536,000. Built in 1966, the single-building complex features 4 dock-high doors and ceiling heights ranging from 16 to 24 feet. Partial roof replacement was completed in 2023 under warranty, with the balance scheduled for 2024 (credit available). The property is conveniently located at 715 St Croix St and 211 Powell Ave, River Falls, WI 54022, offering easy access to major transportation routes. This presents a compelling opportunity for investors seeking a stable, income-producing asset with significant upside potential through lease-up and further value-add improvements. The property's strong tenancy and substantial square footage make it an attractive investment in a growing market. The weighted average lease term is 1.5 years. The APN numbers are 276104680000 and 276105740000. This is a rare chance to acquire a well-located, income-generating warehouse with a clear path to increased profitability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    River Falls
    County
    St. Croix
    State
    Wisconsin
    Longitude
    -92.6237
    Latitude
    44.8692

    Comparable in this City

    • Value Estimation by Request
      108,000 SF

      3405 Casey St

      Distribution properties • 108,000 SF
      3405 Casey St, River Falls, WI 54022
      View Details
    • Value Estimation by Request
      45,972 SF

      1091 Sutherland Ave

      Life science properties • 45,972 SF
      1091 Sutherland Ave, River Falls, WI 54022
      View Details
    • Value Estimation by Request
      108,000 SF

      3405 Casey St

      Distribution properties • 108,000 SF
      3405 Casey St, River Falls, WI 54022
      View Details
    • Value Estimation by Request
      72,530 SF

      265 Mound View Rd

      Distribution properties • 72,530 SF
      265 Mound View Rd, River Falls, WI 54022
      View Details
    • Value Estimation by Request
      74,884 SF

      265 Mound View Rd

      Distribution properties • 74,884 SF
      265 Mound View Rd, River Falls, WI 54022
      View Details
    • Value Estimation by Request
      135,465 SF

      715 St Croix St

      Land • 135,465 SF
      715 St Croix St, River Falls, WI 54022
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      87,000 SF

      87,000 SF Industrial Building

      Industrial building fully occupied until December 31, 2030.
      1195 Benson St, River Falls, WI 54022
      View Details
    • $100,000

      Commercial Land in River Falls

      Commercial land available in a thriving business area.
      315 N 2Nd St, River Falls, WI 54022
      View Details
    • $1,600,000

      Exceptional Land Parcel Near River

      35-acre parcel near Kinnickinnic River, ideal for development.
      8753 1010Th St, River Falls, WI 54022
      View Details
    • New
      $195,000
      Pending

      Two Acre Building Site

      Two-acre building site with mature trees near River Falls.
      364 Candy Ln, River Falls, WI 54022
      View Details
    • $160,000
      1.87 Acres

      Residential Land in River Falls

      1.87 acre building site with mature trees near I-94.
      380 Candy Ln, River Falls, WI 54022
      View Details
    • $450,000
      2.20 Acres

      Land Parcel in River Falls

      2+ acre parcel suitable for multi-family or community center.
      404 S Winter St, River Falls, WI 54022
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      108,000 SF

      Sterling Ponds Warehouse For Lease

      River Falls, WI Industrial Space Available
      3405 Casey St, River Falls, WI 54022
      View Details
    • Contact for pricing
      94,500 SF

      River Falls Warehouse Space Available

      94,500 SF warehouse space for lease near Highway 35.
      568 Highland Dr, River Falls, WI 54022
      View Details
    • Contact for pricing

      Customizable Office and Warehouse Space

      Office and warehouse space with build-to-suit options available.
      1091 Sutherland Ave, River Falls, WI 54022
      View Details
    • Contact for pricing
      52,758 SF

      Industrial Property with Expansion Potential

      52,758 SF industrial property with expansion and parking.
      610 Whitetail Blvd, River Falls, WI 54022
      View Details
    • $17 SF/Yr
      5,266 SF

      Professional Office and Lab Space

      Office and lab space available for rent in River Falls.
      2773-2777 Prairie Dr, River Falls, WI 54022
      View Details
    • $7 SF/Yr
      1,670 SF

      Lower Level Office Space

      1,670 SF lower level office space for rent.
      116 E Elm St, River Falls, WI 54022
      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.
    715 St Croix St
    River Falls, WI 54022
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!