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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Warehouses
1510 Hastings Way Eau Claire, WI 54703-1866
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US92-1330452
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
25,088 SF
Lot
2.71 ac (118,016 SF)
Zoning code
I1
APN
11-0974-C-000
UPID
US92-1330452
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
-
Farrell Equipment & Supply - Eau Claire Building Supply Industrial Manufacturer
-
Michelle's Massage Alternative Medicine Practice Spa & Massage Center
-
Decorative Stamped Concrete Display - Eau Claire Building Supply Factory
-
Pink Orchid Salon Hair Salon Nail Salon
-
Farrell Equipment Annual Product Show Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.78M
Owner & transaction history
Farrell Investments LLC · 13 yrs held
Farrell Investments LLC
since 2012
4 recorded transactions
Zoning & alternative use
I1 · Eau Claire, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+145.1%
Restaurant
$2.5M
+129.7%
Auto repair, garage
$2.3M
+113.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,070,000
Current use
COMMERCIAL (GENERAL)
$2,625,000
Change: +145% · Conversion: Difficult
RESTAURANT
$2,460,000
Change: +130% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,290,000
Change: +114% · Conversion: Easy
OFFICE BUILDING
$2,010,000
Change: +88% · Conversion: Difficult
MEDICAL BUILDING
$1,915,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$1,865,000
Change: +74% · Conversion: Moderate
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±10%
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
$71 / 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
$32,575
Tax year 2023
Assessed value
$1,780,000
Assessed 2023
Previous assessed
$1,780,000
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$223,900
Assessed improvement
$1,556,100
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
25,088 SF
Lot
2.71 ac (118,016 SF)
Zoning code
I1
APN
11-0974-C-000
UPID
US92-1330452
Jurisdiction
EAU CLAIRE
Zoning & alternative use
I1 · Eau Claire, WI
Zoning I1 · permitted uses
I1 · 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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RESTAURANT
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.71 ac
Current owner
From public records · entity-resolved
Farrell Investments LLC
Entity
Mailing address
1510 N HASTINGS WAY, EAU CLAIRE, WI 54703-1866
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2012
—
Farrell Investments LLC
John D Saxe
Quit Claim Deed
related
$1,600,000 · Wells Fargo Bank NA
Jan 13, 2012
—
John D Saxe
Feirn,jeffrey W & Linda J
Quit Claim Deed
related
—
—
—
Brian T Hahn
—
Deed Of Trust
related
$57,300 · Royal Cu
—
—
Farrell Investments LLC
—
Loan Modification
related
$1,400,000 · Wells Fargo Bank
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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