Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    309 Pr Vw Rd Chippewa Falls, WI 54729
    Property profile & analytics

    309 Pr Vw Rd Chippewa Falls, WI 54729

    View on Map
    • Neighborhood centers
    • 37,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 309 Pr Vw Rd

    Property size
    37,200 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional retail opportunity presents 3,200 square feet of immediately available space within the Chippewa Commons strip center, located at 309 E Prairie View Road in Chippewa Falls, Wisconsin, 54729. The property is classified as a multi-tenant retail strip center with a total building area of 37,200 square feet. Individual spaces can be leased in sizes ranging from a minimum of 1,600 square feet to a maximum contiguous space of 3,200 square feet, making it ideal for a variety of retail businesses. The available space is conveniently located in Chippewa County, offering excellent visibility and accessibility for customers. This prime location provides a strong foundation for business growth and success. The property's existing infrastructure and established presence within the Chippewa Falls community present a unique opportunity for businesses seeking a ready-to-occupy retail space. The available space is currently vacant and ready for immediate occupancy, allowing for quick setup and commencement of operations. This is an excellent chance to establish a retail presence in a thriving Wisconsin community. Contact us today to learn more about leasing this exceptional retail space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chippewa Falls
    County
    Chippewa
    State
    Wisconsin
    Longitude
    -91.3921
    Latitude
    44.9136

    Comparable in this City

    • Value Estimation by Request
      7,400 SF

      12605 40 Ave

      Flex space • 7,400 SF
      12605 40 Ave, Chippewa Falls, WI 54729
      View Details
    • Value Estimation by Request
      12,000 SF

      4263 Pr Vw Rd

      Individual retail properties • 12,000 SF
      4263 Pr Vw Rd, Lake Hallie, WI 54729
      View Details
    • Value Estimation by Request
      8,600 SF

      104 Columbia St

      Restaurants • 8,600 SF
      104 Columbia St, Chippewa Falls, WI 54729
      View Details
    • Value Estimation by Request
      35.00 Acres

      178 And Hwy

      Land • 153,500 SF
      178 And Hwy, Lake Hallie, WI 54729
      View Details
    • Value Estimation by Request
      1,000 SF

      17255 Co Hwy

      Automotive properties • 1,000 SF
      17255 Co Hwy, Chippewa Falls, WI 54729
      View Details
    • Value Estimation by Request
      2,279 SF

      1083 Chippewa Xing Blvd

      Restaurants • 2,279 SF
      1083 Chippewa Xing Blvd, Chippewa Falls, WI 54729
      View Details

    Similar Nearby for Sale

    • $635,000
      1,672 SF

      Lake Wissota Bar and Grill

      Established bar and grill with high-visibility location near Ray's Beach.
      18091 County Highway X, Chippewa Falls, WI 54729
      View Details
    • Contact for pricing

      Dealership Property on 5.31 Acres

      Dealership property with showroom, service bays, and carwash.
      321 W Prairie View Rd, Chippewa Falls, WI 54729
      View Details
    • $250,000
      10,000 SF

      Downtown Chippewa Falls Opportunity

      Historic building in high-traffic area with redevelopment potential.
      2 Bay St, Chippewa Falls, WI 54729
      View Details
    • $250,000
      10,000 SF

      Historic Building in Downtown Chippewa

      Prime downtown location with redevelopment potential across from Riverfront Park.
      2 Bay St, Chippewa Falls, WI 54729
      View Details
    • $55,000
      0.18 Acres

      Commercial Vacant Lot in Chippewa

      Commercial vacant lot in the heart of Chippewa Falls, Wisconsin.
      515 Bay St, Chippewa Falls, WI 54729
      View Details
    • $279,900

      Updated Building with Highway Visibility

      Updated building with highway visibility, close to Lake Wissota.
      19845 County Highway X, Chippewa Falls, WI 54729
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Property For Lease

      Retail property available for lease.
      309 E Prairie View Rd, Chippewa Falls, WI 54729
      View Details
    • Contact for pricing
      7,325 SF

      Hwy 53 Retail/Office Space

      Retail or office space with great visibility on Hwy 53.
      1120 122 St, Lake Hallie, WI 54729
      View Details
    • Contact for pricing

      Commercial Site in Chippewa Falls

      Premier commercial site with build to suit retail opportunities.
      Chippewa Mall Dr, Chippewa Falls, WI 54729
      View Details
    • $199,900
      1,824 SF

      Chippewa Falls Duplex Opportunity

      Well-maintained duplex near downtown Chippewa Falls with income potential.
      326 W Spring St, Chippewa Falls, WI 54729
      View Details
    • Contact for pricing

      Updated Office Space in Downtown

      Renovated office space with natural light in downtown Chippewa
      220 N Bridge St, Chippewa Falls, WI 54729
      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.
    309 Pr Vw Rd
    Chippewa Falls, WI 54729
    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
    309 Pr Vw Rd, Chippewa Falls, WI, 54729
    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!