Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1236 Division St Wausaukee, WI 54177
    Back to Search
    Property profile & analytics

    1236 Division St Wausaukee, WI 54177

    View on Map
    • Commercial real estate
    • 0.40 lot acres
    Off-Market
    Property ID
    US92-2200610
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1236 Division St

    Lot size
    0.40 lot acres
    Property type
    Commercial real estate
    APN
    191-01454.001
    APU
    19101454001

    Description

    This thriving restaurant in Wausaukee, Wisconsin, presents a unique turnkey opportunity for an ambitious entrepreneur. Located at 1236 Division Street (also known as 1236 Main Street and 1236 Highway 141), this well-established diner boasts a prime location with approximately 189 feet of frontage on Highway 141, ensuring high visibility and accessibility. The property encompasses 0.4 acres and features a spacious interior capable of seating 84 patrons in its current configuration. The sale includes the real estate, the established business name, all necessary equipment, and furnishings as currently listed. The building itself offers approximately 2,040 square feet of space. Adding to its appeal, the property offers convenient access for ATV/UTV and snowmobile enthusiasts, expanding its potential customer base. The seller is prepared to assist the buyer in maintaining current operational procedures, providing a smooth transition and continued success. This is a rare chance to acquire a profitable, community-focused business with significant potential for growth. The asking price for this exceptional package is $235,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wausaukee
    County
    Marinette
    State
    Wisconsin
    Longitude
    -87.957
    Latitude
    45.3821
    CBSA code
    31940
    CBSA name
    MARINETTE, WI-MI MICROPOLITAN STATISTICAL AREA

    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
    $4,199
    $14,100
    $168,500
    $182,600
    -
    $0.00
    $0.00
    $191,700

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      Wausaukee, WI 54177

      COMMERCIAL (GENERAL) • 0.19 Acres
      Wausaukee, WI 54177
      View Details
    • Value Estimation by Request
      2.10 Acres

      6459th County Rd X X

      COMMERCIAL (GENERAL) • 2.10 Acres
      6459th County Rd X X, Wausaukee, WI 54177-9011
      View Details
    • Value Estimation by Request
      0.22 Acres

      Wausaukee, WI 54177

      COMMERCIAL (GENERAL) • 0.22 Acres
      Wausaukee, WI 54177
      View Details
    • Value Estimation by Request
      0.43 Acres

      Wausaukee, WI 54177

      COMMERCIAL (GENERAL) • 0.43 Acres
      Wausaukee, WI 54177
      View Details
    • Value Estimation by Request
      0.49 Acres

      437 Main St

      COMMERCIAL (GENERAL) • 0.49 Acres
      437 Main St, Wausaukee, WI 54177
      View Details
    • Value Estimation by Request
      11.17 Acres

      Wausaukee, WI 54177

      COMMERCIAL (GENERAL) • 11.17 Acres
      Wausaukee, WI 54177
      View Details

    Similar Nearby for Sale

    • $800,000
      6,824 SF

      \""Friday Fish Fries\"" (selling approx 150-200 fish plates\/week) as well as \""Wing Thursdays\"" (approx 700-1000 wings\/week). The bowling alley has full leagues Monday - Friday as well.""""}"""

      Thriving Wausaukee Turnkey Business
      326 Main St, Wausaukee, WI 54177
      View Details
    • Contact for pricing

      Turnkey Bowling Alley, Restaurant & Bar

      Established Wisconsin business with bowling alley, restaurant, bar, and apartment.
      326 Main St, Wausaukee, WI 54177
      View Details
    • $59,900
      2.71 Acres

      Wooded Lot Near Menominee River

      2.7-acre wooded lot perfect for cabin or home.
      Menominee Shores Dr, Wausaukee, WI 54177
      View Details
    • $79,000
      18.90 Acres

      Wausaukee Land with Hunting Potential

      Land with hunting potential and close access to Menominee River.
      RR County Rd, Wausaukee, WI 54177
      View Details
    • $30,000
      2.15 Acres

      Wausaukee Vacant Land For Sale

      2.15 acre lot with power and septic system.
      N12031 Us 141, Wausaukee, WI 54177
      View Details
    • $115,000
      6.36 Acres

      Waterfront Land with Recreational Potential

      6.36 acres with 400+ ft of Menominee River frontage.
      N11217 Rademaker Rd, Wausaukee, WI 54177
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1236 Division St
    Wausaukee, WI 54177
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1236 Division St, Wausaukee, WI, 54177
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!