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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Grocery and convenience stores
1031 Clairemont Ave, Eau Claire, WI 54701-6104
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0845739
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1981
Total area
33,300 SF
Lot
0.78 ac (34,159 SF)
Zoning code
C3H
APN
15-1056-A-000
UPID
US92-0845739
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Midwest Home Supply - Online and Outlet Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.61M
Owner & transaction history
Southside Holdings LLC · 5 yrs held
Southside Holdings LLC
since 2020
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
C3H · Eau Claire, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Eau Claire submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eau Claire submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,755,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,480,000
Current use
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±10% · vs last sale $1.60M (Dec 8 2020)
Last sale anchor
$1.60M
Dec 8 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$48 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,319
Tax year 2023
Assessed value
$1,166,000
Assessed 2023
Previous assessed
$1,166,000
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$341,600
Assessed improvement
$824,400
Applied tax rate
1,554.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
33,300 SF
Lot
0.78 ac (34,159 SF)
Zoning code
C3H
APN
15-1056-A-000
UPID
US92-0845739
Jurisdiction
EAU CLAIRE
Zoning & alternative use
C3H · Eau Claire, WI
Zoning C3H · permitted uses
C3H · Eau Claire, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eau Claire. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.5M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Southside Holdings LLC
Entity
Mailing address
1435 INTERNATIONAL DR, EAU CLAIRE, WI 54701-7057
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2022
—
Sky3 LLC
—
Deed
related
$1,280,000 · Charter Bank
Dec 8, 2020
$650,000
Southside Holdings LLC
Wisconsin Real Property Investments
Warranty Deed
$650,000 · Charter Bank
Aug 8, 2018
—
Schafer Properties III LLC
Gordys Eau Claire West INC
Quit Claim Deed
related
—
Aug 7, 2018
$895,900
Wisconsin Real Property Inv Ll
Schafer Properties III LLC
Warranty Deed
$2,252,000 · Charter Bank
Aug 7, 2018
—
Schafer Properties III LLC
—
Deed
related
$44,000,000 · Private Individual
Apr 24, 2017
—
Schafer Properties III LLC
—
Deed
related
$45,131,412 · Private Individual
May 5, 2014
—
Schafer Properties III LLC
—
Trustees Deed
related
$517,775 · Charter Bk Eau Claire
Feb 8, 2013
$1,250,000
Schafer Properties III LLC
Kielpinski,ronald J & Mary A
Warranty Deed
$630,000 · Charter Bank
—
—
Schafer Properties III LLC
—
Deed Of Trust
related
$520,000 · Wisconsin Business Dev Finance
—
—
Ronald J Kielspinski
—
Deed Of Trust
related
$552,000 · Us Bank NA
—
—
Schafer Properties III LLC
—
Deed Of Trust
related
$45,131,412 · Private Individual
—
—
Schafer Properties III LLC
—
Loan Modification
related
$44,000,000 · Private Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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