Property profile & analytics
941 Mallard Ln Balsam Lake, WI 54810
- Commercial real estate
- 2.96 lot acres
For Sale
View listing
$1,428,419
Value Estimation
Location Intelligence
Property ID
US92-2273235
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- USDA-Polk County Farm Service Agency / Agricultural Organization
- Wisconsin Department of Corrections / Government Office
- Natural Resources Conservation / Conservation Department
- US Agricultural Department / Agricultural Service
Property Details for 941 Mallard Ln
- Lot size
- 2.96 lot acres
- Property type
- Commercial real estate
- APN
- 106-00548-0001
- APU
- 106005480001
Description
This exceptional 8,000-square-foot executive office building, located at 941 Mallard Ln, Balsam Lake, WI 54810, presents a compelling investment opportunity. Currently 100% occupied by a mix of Wisconsin state agencies and other tenants, this single-story, Class C building boasts a strong NOI of $119,800, yielding an 8.39% cap rate at an asking price of $1,428,419 ($178.55/SF). Situated on a 2.96-acre lot (APN 106-00548-0001), the property was built in 1994 and is currently undergoing renovations, which may affect the final asking price upon completion. The building is subject to gross leases, with terms averaging 26 months to maturity (including options) based on historical data
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Balsam Lake
- County
- Polk
- State
- Wisconsin
- Longitude
- -92.4678
- Latitude
- 45.4503
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,507
$53,100
$437,300
$490,400
-
$51,736
$426,064
$477,800
