Back to Search
Property profile & analytics
FOR SALE
Commercial real estate
156 N Franklin St Mondovi, WI 54755
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-1395836
For Sale
1 / 32
Contact for pricing
156 N Franklin St, Mondovi, WI 54755
View Listing →
Property summary
AI-generated overview
This mixed-use property in Mondovi, Wisconsin, presents a unique investment opportunity. Located at 156 N Franklin St, this 2,377 square foot Class C building sits on a 0.19-acre lot and is zoned commercial. Formerly a dental office, the first floor offers adaptable space suitable for various businesses. The layout includes a waiting room, reception area, two lab areas, four patient rooms, a combined X-ray/conference room, kitchenette, two half baths, and an office. Dental equipment is not included in the asking price of $169,000 ($71.10/sq ft). Upstairs, a vacant apartment provides additional income potential, either as a rental unit or through conversion to expand the commercial space. The property's corner location within a mixed commercial and residential area offers excellent visibility and accessibility. This property is ideal for investors seeking a versatile asset with multiple income streams and significant upside potential through renovations and lease agreements. The property's zoning allows for commercial use.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
APN
251-00256-0000
UPID
US92-1395836
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
-
Ambulance Service Ambulance Service
-
Mondovi City Hall City Government Office
-
Dr. Jeremy T. Vogel Dental Office
-
Segerstrom Beth Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
N & M Enterprises LLC · 1 yrs held
N & M Enterprises LLC
since 2025
Last sale
$115,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Mondovi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mondovi 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,645
Tax year 2023
Assessed value
$143,500
Assessed 2023
Previous assessed
$143,500
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$12,000
Assessed improvement
$131,500
Land market value
$13,489
Improvement market value
$147,811
Total market value
$161,300
Applied tax rate
3,668.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
NONE
APN
251-00256-0000
UPID
US92-1395836
Jurisdiction
BUFFALO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
N & M Enterprises LLC
Entity
Mailing address
156 N FRANKLIN ST, MONDOVI, WI 54755-1118
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
$115,000
N & M Enterprises LLC
Vogel Familyproperties LLC
Warranty Deed
$152,000 · Waumandee State Bank
Sep 12, 2017
—
Vogel Family Properties LLC
—
Deed
related
$93,750 · Bank Of The West
Jan 11, 2013
$185,000
Vogel Family Properties LLC
Anthony M Sciascia
Warranty Deed
$112,000 · Us Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
