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    119 Clark St Spencer, WI 54479

    • Commercial real estate
    • 4,077 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 119 Clark St

    Year built
    1900
    Lot size
    0.15 lot acres
    Property size
    4,077 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property at 119 E CLARK STREET, Spencer, WI, presents a compelling investment opportunity. The 4,077 square foot building sits on a 0.15-acre lot and is comprised of three distinct units. One unit is a vacant storefront, offering immediate potential for lease income generation and customization to suit a variety of businesses. The remaining two units are currently occupied by tenants, providing a stable and immediate rental income stream. The upper unit is a spacious three-bedroom, two-bathroom apartment, complete with a kitchen, dinette, and living room. Adding to the property's appeal is a detached three-car garage, ideal for tenant use or extra storage. The building features a recently installed metal roof, ensuring long-term durability and low maintenance. The exterior has been freshly painted, and the red roof is a unique feature, aligning with the local Spencer Rocket team colors. This property offers a blend of immediate rental income and future development potential, making it an attractive investment for those seeking to diversify their portfolio or enter the commercial real estate market. Priced at $219,900, this property represents a strong value proposition in the Spencer market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    MARATHON
    State
    Wisconsin
    Longitude
    -90.2982
    Latitude
    44.7573

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      101 Clark St

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    119 Clark St
    Spencer, WI 54479
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    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
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