Financial
Distress signals
Property profile

106 Water St Lake Mills, WI 53551

FOR SALE
Other commercial real estate
Property ID
US92-1109890
0.05 ac lot
Last sale Oct 2022 · $166,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 2,800-square-foot, mixed-use commercial building with flexible space suitable for office, retail, service, or combined business uses. Constructed in 1960, it is situated on a 0.05-acre lot at 106 Water Street in downtown Lake Mills, Wisconsin. The building includes multiple entrances supporting separate internal areas, public and private restroom facilities, and features intended to accommodate customer and employee access. Interior provisions include inside and outside

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$94k
Assessed land$16k
Assessed improvement$78k
Effective rate2.17%

Value estimate

· Sep 2026
$155k
$140k – $171k
AI approach$155k
NOI build-up
Gross scheduled income$60k
Vacancy & credit loss−$12k
Operating expenses−$12k
NOI · 9.19% cap applied$36k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
9.19%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.9
Dental Office10.5
Electrical Service10.4

Location

106 Water St Lake Mills, WI 53551
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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