176 Lake Ave Phillips, WI 54555
- Commercial real estate
- 0.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 176 Lake Ave
- Lot size
- 0.19 lot acres
- Property type
- Commercial real estate
- APN
- 50-272-4-37-01-18-5 15-002-03022
- APU
- 9223372036854775807
Description
This two-story, 6,800 square foot commercial building is situated in the heart of downtown Phillips, Wisconsin, within a vibrant area featuring retail shops, restaurants, and bars. Its convenient location offers direct access to snowmobile and ATV trails, enhancing its appeal. The property, zoned C1 Commercial, sits on a 0.19-acre lot (APN 272-100302000) and includes three units: a main floor commercial space currently leased to a local auction company (5,800 sq ft), and two upper-level apartments (one 2-bedroom, 1-bathroom
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $315,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $300,000
- Mixed-Use
- $235,000
- Hospitality
- $325,000
- Educational
- $260,000
- Residential Income
- $285,000
- Energy
- $295,000
- Income-Based Land
- $305,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Phillips
- County
- Price
- State
- Wisconsin
- Longitude
- -90.3976
- Latitude
- 45.69