Property profile

101 Church St Lake Mills, WI 53551

OFF-MARKET
Other commercial real estate
Property ID
US92-3360998
0.06 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This commercial condominium is located about one block from downtown Lake Mills and contains nearly 3,000 square feet of interior space. It is zoned B-1 and includes features suitable for mixed commercial uses, with potential for conversion of the main level to residential use. The existing layout comprises three private offices, a large conference room area, a brick kitchenette with dinette, and a sizable sitting area with a brick gas fireplace, along with tall ceilings and many windows providing natural light. The unit has a flexible area that can support additional offices or rooms, two entrances that may support subdivision into two separate units, and a storage area that is plumbed for a second bathroom. Parking is provided on site.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.06 ac (2,570 SF)
APN 246-0713-1411-050
UPID US92-3360998

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

101 Church St Lake Mills, WI 53551-1404
Lake Mills metro Census 100500 WATERTOWN-FORT ATKINSON, WI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2021
Last sale
$288,000
2 recorded transactions
2021
$288,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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