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    Property profile & analytics

    137 Central Ave Owen, WI 54460

    • Commercial real estate
    • 0.13 lot acres
    For Sale
    View listing
    $134,900
    Value Estimation
    Last Sale
    Feb 09, 2024
    $72,500
    Location Intelligence
    Property ID
    US92-2640629
    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

    • Commercial real estate

    Property Details for 137 Central Ave

    Lot size
    0.13 lot acres
    Property type
    Commercial real estate
    APN
    265.0052.000
    APU
    2650052000

    Description

    This exceptional mixed-use property in downtown Owen, Wisconsin presents a compelling investment opportunity. The 4,560 square foot building sits on a 0.13-acre lot and offers five distinct rental spaces, ideal for a variety of uses. Three commercial units are located on the ground floor, with two residential apartments situated upstairs. The main level street-facing units, previously occupied by a retail consignment store, are soon to be vacant, providing a blank canvas for a new business venture. These commercial spaces share common areas including a bathroom, kitchen/break area, and storage. The property boasts an ADA-compliant storefront entry and restroom. Current permits allow for both educational (childcare) and business operations. The upper level comprises two apartments generating additional income: a one-bedroom, one-bathroom unit and a four-bedroom, one-bathroom unit, each with its own private porch. Both apartments are currently occupied by tenants. The property includes approximately nine to ten off-street parking spaces. Priced at $134,900, this property offers significant potential for a quick return on investment. A minimum of 24-hour notice is required for showings.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $75,000

    • CAP approach

      CAP return
      Estimation
      6%
      $105,000
      6.5%
      $105,000
      7%
      $110,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $95,000
      Geo Method
      $115,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $115,000
      Retail
      $105,000
      Mixed-Use
      $130,000
      Hospitality
      $115,000
      Educational
      $105,000
      Residential Income
      $100,000
      Energy
      $135,000
      Income-Based Land
      $130,000
      Food Service
      $100,000

    Location Insight

    • Map
    • Local Demand
    City
    Owen
    County
    Clark
    State
    Wisconsin
    Longitude
    -90.5641
    Latitude
    44.9485

    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
    $2,043
    $5,200
    $59,500
    $64,700
    -
    $0.00
    $0.00
    $97,400

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      106 5th St

      COMMERCIAL (GENERAL) • 0.06 Acres
      106 5th St, Owen, WI 54460-9575
      View Details
    • Value Estimation by Request
      0.35 Acres

      3398th County N Rd

      COMMERCIAL (GENERAL) • 0.35 Acres
      3398th County N Rd, Owen, WI 54460-8119
      View Details
    • Value Estimation
      $140,000
      0.50 Acres

      200 3rd St

      COMMERCIAL (GENERAL) • 0.50 Acres
      200 3rd St, Owen, WI 54460-9756
      View Details
    • Value Estimation
      $240,000
      0.89 Acres

      715 4th St

      COMMERCIAL (GENERAL) • 0.89 Acres
      715 4th St, Owen, WI 54460-9529
      View Details
    • Value Estimation
      $200,000
      0.08 Acres

      118 Central Ave

      COMMERCIAL (GENERAL) • 0.08 Acres
      118 Central Ave, Owen, WI 54460
      View Details
    • Value Estimation
      $185,000
      0.09 Acres

      218 Central Ave

      COMMERCIAL (GENERAL) • 0.09 Acres
      218 Central Ave, Owen, WI 54460-9707
      View Details

    Similar Nearby for Sale

    • $134,900
      0.13 Acres

      Downtown Owen Mixed-Use Investment

      Five-unit commercial/residential property, great potential.
      137 Central Ave, Owen, WI 54460
      View Details
    • $499,900
      7,644 SF

      Turnkey Bar, Restaurant, and Hall

      Turnkey bar, restaurant, and pool hall with living accommodations.
      907 E 3Rd St, Owen, WI 54460
      View Details
    • New
      $574,900
      14,016 SF

      Well-Maintained Investment Property

      8-unit property with upgrades and income potential in Owen, WI.
      106 S Harding St, Owen, WI 54460
      View Details
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    137 Central Ave
    Owen, WI 54460
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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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