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Property profile & analytics
OFF-MARKET
Office buildings
1906 Brackett Ave Eau Claire, WI 54701-5042
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US92-1225895
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
2,842 SF
Lot
0.43 ac (18,887 SF)
Zoning code
C2
APN
13-1418- -000
UPID
US92-1225895
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
-
Family Tree Nutritional Health & Wellness Alternative Medicine Practice
-
Jodi Ritsch M.D. Medical Clinic
-
Angela Rose Alternative Medicine Practice Spa & Massage Center
-
Potter Company Marketing & Advertising Advertising Agency
-
All-Access Family Medicine Medical Clinic
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
Robert M Ritsch · 5 yrs held
Robert M Ritsch
since 2021
Last sale
$195,000
7 recorded transactions
Zoning & alternative use
C2 · Eau Claire, WI
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 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
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
$6,821
Tax year 2023
Assessed value
$375,200
Assessed 2023
Previous assessed
$375,200
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$151,000
Assessed improvement
$224,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
2,842 SF
Lot
0.43 ac (18,887 SF)
Zoning code
C2
APN
13-1418- -000
UPID
US92-1225895
Jurisdiction
EAU CLAIRE
Zoning & alternative use
C2 · Eau Claire, WI
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
1986
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Robert M Ritsch
Individual
Mailing address
1320 BARRY AVE, EAU CLAIRE, WI 54701-7321
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2021
$195,000
Robert M Ritsch
Ryan Fellenz
Warranty Deed
$200,000 · Charter Bank
Mar 6, 2017
—
Robert M Ritsch
Tainter,allen D II & Toni K
Grant Deed
related
—
May 5, 2015
$75,000
Robert M Ritsch
Ritsch Gerald R
Dual Purpose Document
related
$75,000 · Gerald R Ritsch
Jan 29, 2015
$150,000
Robert M|tainter Allen D Ritsch II
Tainter,allen D II
Dual Purpose Document
related
$150,000 · Allen D II Tainter
Feb 13, 2013
$75,000
Robert M Ritsch
Ritsch,gerald R
Dual Purpose Document
$75,000 · Gerald R Ritsch
—
—
Robert M Ritsch
—
Deed Of Trust
related
$145,513 · Gerald R Ritsch
—
—
Gerald R Ritsch
—
Deed Of Trust
related
$50,000 · Charter 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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