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    Property profile & analytics

    117 Commercial St Viola, WI 54664-5000

    • Commercial real estate
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US92-1342521
    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

    • United States Postal Service / Post Office / Logistics Service

    Property Details for 117 Commercial St

    Lot size
    0.27 lot acres
    Property type
    Commercial real estate
    APN
    186-1923-3100
    APU
    18619233100

    Description

    This exceptional 8,350-square-foot commercial building is situated on a 0.27-acre lot at 117 W Commercial Street in Viola, Wisconsin. Currently generating income from long-term tenants (15+ years), this property presents a compelling investment opportunity. The ground floor houses a post office, an established beauty salon, and a two-bedroom apartment, all contributing to a stable rental income stream. An additional two-bedroom apartment is located on the upper floor. The city of Viola owns an adjacent 20-space parking lot, providing ample parking for tenants and customers. A significant portion of the building's rear and upper floor space is currently unoccupied, offering substantial potential for expansion and increased revenue. This could include additional rental units, storage space, or various other commercial uses. The upper floor also contains the shell of a second apartment requiring renovation. The property benefits from newer mechanical systems, ensuring efficient and cost-effective operation. This versatile property offers a unique blend of established income and significant upside potential in a desirable location within the Driftless Area. The asking price is $249,900.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Viola
    County
    Richland
    State
    Wisconsin
    Longitude
    -90.6695
    Latitude
    43.5058

    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
    $1,367
    $2,700
    $86,400
    $89,100
    -
    $0.00
    $0.00
    $99,500

    Comparable in this City

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      10.00 Acres

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      109 Commercial St

      COMMERCIAL (GENERAL) • 0.13 Acres
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      19.70 Acres

      12813 Riv Dr

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      6465th W Riv Rd

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      3.60 Acres

      559 Drake St

      COMMERCIAL (GENERAL) • 3.60 Acres
      559 Drake St, Viola, WI 54664
      View Details
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    117 Commercial St
    Viola, WI 54664-5000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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