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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Flex space
2507 Fortune Dr Eau Claire, WI 54703-3898
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US92-0981034
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2007
Total area
14,270 SF
Lot
2.26 ac (98,620 SF)
Zoning code
I1P
APN
14-1482- -000
UPID
US92-0981034
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
-
Badger State Inc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$927k
Blend (final)
Blend
$690k
Owner & transaction history
Fpg Properties LLC · 8 yrs held
Fpg Properties LLC
since 2018
5 recorded transactions
Zoning & alternative use
I1P · Eau Claire, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+86.3%
Medical building
$1.1M
+77.5%
Retail stores
$1.1M
+73.0%
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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$615,000
Current use
OFFICE BUILDING
$1,145,000
Change: +86% · Conversion: Difficult
MEDICAL BUILDING
$1,090,000
Change: +77% · Conversion: Difficult
RETAIL STORES
$1,060,000
Change: +73% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$48 / 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
$22,657
Tax year 2023
Assessed value
$1,239,000
Assessed 2023
Previous assessed
$1,239,000
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$101,900
Assessed improvement
$1,137,100
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2007
Heating
RADIANT
Cooling
YES
Stories
1
Total area
14,270 SF
Lot
2.26 ac (98,620 SF)
Zoning code
I1P
APN
14-1482- -000
UPID
US92-0981034
Jurisdiction
EAU CLAIRE
Zoning & alternative use
I1P · Eau Claire, WIZoning I1P · permitted uses
I1P · Eau Claire, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$615,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
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
2007
Heating
RADIANT
Cooling
Yes
Stories
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Fpg Properties LLC
Entity
Mailing address
2507 FORTUNE DR, EAU CLAIRE, WI 54703-3898
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2018
—
Fpg Properties LLC
—
Deed
related
$1,032,000 · Miscellaneous Govt Agcy
—
—
Fpg Properties LLC
—
Deed Of Trust
related
$86,565 · Bank Mutual
—
—
Fpg Properties LLC
—
Deed Of Trust
related
$559,740 · Bank Mutual
—
—
Fpg Properties LLC
—
Deed Of Trust
related
$557,648 · Bank Mutual
—
—
Fpg Properties LLC
—
Deed Of Trust
related
$1,032,000 · Miscellaneous Govt Agcy
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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