Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1701 Hastings Way Eau Claire, WI 54701-4623

    • Retail space
    • 8,390 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-0160345
    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

    • Hirshfield's Eau Claire / Hardware & Home Improvement / Building Supply
    • Chippewa Valley Painting / Painting Service / General Contractor

    Property Details for 1701 Hastings Way

    Year built
    1950
    Lot size
    0.54 lot acres
    Property size
    8,390 SF
    Zone code
    C3
    Property type
    Retail space
    APN
    13-1425- -000
    APU
    131425000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Eau Claire
    County
    Eau Claire
    State
    Wisconsin
    Longitude
    -91.4688
    Latitude
    44.8013
    CBSA code
    20740
    CBSA name
    EAU CLAIRE, WI METROPOLITAN 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
    $8,627
    $317,900
    $155,800
    $473,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      3430 Oakwood Hills Pkwy

      Individual retail properties
      3430 Oakwood Hills Pkwy, Eau Claire, WI 54701
      View Details
    • Value Estimation by Request

      2934 London Rd

      Individual retail properties
      2934 London Rd, Eau Claire, WI 54701
      View Details
    • Value Estimation
      $565,000
      8,400 SF

      3221 Hamilton Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,400 SF
      3221 Hamilton Ave, Eau Claire, WI 54701-6898
      View Details
    • Value Estimation by Request
      3.50 Acres

      5840 Arndt Rd

      RETAIL STORES (PERSONAL SERVICES) • 3.50 Acres
      5840 Arndt Rd, Eau Claire, WI 54701-9728
      View Details
    • Value Estimation by Request
      1,040 SF

      1498 Hastings Way

      RETAIL STORES (PERSONAL SERVICES) • 1,040 SF
      1498 Hastings Way, Eau Claire, WI 54701-4461
      View Details
    • Value Estimation by Request
      2,888 SF

      40 Barstow St

      RETAIL STORES (PERSONAL SERVICES) • 2,888 SF
      40 Barstow St, Eau Claire, WI 54701-3640
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,938 SF

      Downtown Eau Claire Retail Space

      Retail space available in revitalizing downtown Eau Claire.
      10 S Barstow St, Eau Claire, WI 54701
      View Details
    • Contact for pricing

      Prime Retail Opportunity in Eau Claire

      High-visibility retail space available in a vibrant commercial corridor.
      2921 Mall Dr, Eau Claire, WI 54701
      View Details
    • $599,000
      7,110 SF

      Prime Retail Space on Brackett Avenue

      Highly visible commercial property in established Eau Claire location.
      1807 Brackett Ave, Eau Claire, WI 54701
      View Details
    • Contact for pricing
      4,452 SF

      Downtown Eau Claire Retail Opportunity

      Retail space available in revitalizing downtown Eau Claire.
      20 S Barstow St, Eau Claire, WI 54701
      View Details
    • $2,200,000
      6,737 SF

      Eau Claire Restaurant - $2.2M

      Established Restaurant, Turnkey Operation
      4207 Oakwood Hills Pkwy, Eau Claire, WI 54701
      View Details
    • Contact for pricing

      Prime Retail Site on Highway

      6-acre site with high visibility at I-94 and Hwy 53.
      Old Town Hall Rd, Eau Claire, WI 54701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,500 SF

      Prime Retail Space in Eau Claire

      8,500 SF retail space in a thriving retail hub.
      3755 Oakwood Mall Dr, Eau Claire, WI 54701
      View Details
    • Contact for pricing
      21,200 SF

      Retail Space Near Hy-Vee

      Highly visible retail space in high-traffic Eau Claire location.
      2209 Fairfax St, Eau Claire, WI 54701
      View Details
    • Contact for pricing
      9,505 SF

      Retail Space in Oakwood Hills

      Prime retail space in a sought-after Wisconsin retail hub.
      4689 Keystone Xing, Eau Claire, WI 54701
      View Details
    • Contact for pricing
      6,500 SF

      Oakwood Mall Trade Area Retail

      Highly visible corner retail space in Oakwood Mall area.
      4008 Commonwealth Ave, Eau Claire, WI 54701
      View Details
    • Contact for pricing

      Retail Space in Oakwood Hills

      8,500 SF retail space in a prime location.
      3755 Oakwood Mall Dr, Eau Claire, WI 54701
      View Details
    • Contact for pricing

      Downtown Eau Claire Retail Opportunity

      Retail space available in revitalized downtown Eau Claire.
      20 S Barstow St, Eau Claire, WI 54701
      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.
    1701 Hastings Way
    Eau Claire, WI 54701-4623
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!