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    2836 N Clairemont Ave Eau Claire, WI 54703
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    Property profile & analytics

    2836 N Clairemont Ave, Eau Claire, WI 54703

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    • Retail space
    • 13,800 SF
    • 1.68 lot acres
    For Lease
    $17 SF/Yr
    View Listing →
    Retail Space with High Visibility For Lease
    $17 SF/Yr
    1,350 SF

    Retail Space with High Visibility

    Retail space in high-traffic location near major retailers.

    2836 N Clairemont Ave, Eau Claire, WI 54703
    View Listing
    Property ID
    US92-0846407
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar Tree / Grocery & Convenience Store / Food Market
    • Kevman Boutique / Department Store
    • Dunkin' / Cafe & Coffee Shop
    • Baskin-Robbins / Grocery & Convenience Store / Specialty Food Shop

    Property Details for 2836 N Clairemont Ave

    Year built
    1996
    Lot size
    1.68 lot acres
    Zone code
    C3P
    Property type
    Retail space
    APN
    14-1234-C-000
    APU
    141234C000

    Description

    This exceptional 1,350 square foot retail storefront is ideally situated at 2836 N Clairemont Avenue in Eau Claire, Wisconsin, zip code 54703. The property is a multi-tenant building, with this specific space currently vacant and ready for immediate occupancy. The unit offers excellent visibility and high traffic counts due to its strategic location between a Dunkin' Donuts and a Dollar Tree, ensuring significant foot traffic and potential customer exposure. The space is perfect for a variety of retail businesses seeking a prime location in a bustling commercial area. The minimum and maximum contiguous square footage available is 1,350 square feet, providing a well-sized space for a variety of retail concepts. This is a fantastic opportunity for businesses looking to establish or expand their presence in a thriving Eau Claire market. The property's address is 2836 N Clairemont Ave, Eau Claire, WI 54703. Interested parties are encouraged to inquire further for details and to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,180,000
      6.5%
      $2,010,000
      7%
      $1,870,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,361,000
      Market price range: $649k - $1.36M
      AI Estimate
      $1,681,000
      Market price range: $608k - $1.68M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,030,000
      Current use
      OFFICE BUILDING
      $1,250,000
      Change: +22% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Eau Claire
    County
    Eau Claire
    State
    Wisconsin
    Longitude
    -91.5451
    Latitude
    44.828
    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
    $36,736
    $640,100
    $1,366,900
    $2,007,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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      RETAIL STORES (PERSONAL SERVICES)
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    • Value Estimation by Request
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      215 Barstow St

      RETAIL STORES (PERSONAL SERVICES)
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    • Value Estimation by Request
      1,302 SF

      1518 Bellinger St

      RETAIL STORES (PERSONAL SERVICES)
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    • Value Estimation by Request
      2,788 SF

      2111 Birch St

      RETAIL STORES (PERSONAL SERVICES)
      2111 Birch St, Eau Claire, WI 54703-3426
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      2,300 SF

      224 Dewey St

      RETAIL STORES (PERSONAL SERVICES)
      224 Dewey St, Eau Claire, WI 54703-3504
      View Details
    • Value Estimation by Request
      4,616 SF

      409 Water St

      RETAIL STORES (PERSONAL SERVICES)
      409 Water St, Eau Claire, WI 54703-5664
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,350 SF

      Retail Space with High Visibility

      Retail space in high-traffic location near major retailers.
      2836 N Clairemont Ave, Eau Claire, WI 54703
      View Details
    • New
      $6,840 /Mo
      4,104 SF

      Office Suite with Natural Light

      Office space with natural light and service-covered operations, including HVAC, hot water, electric, and maintenance.
      3603 N Hastings Way, Eau Claire, WI 54703
      View Details
    • Contact for pricing

      Downtown Eau Claire Office Space

      Office and medical space available in downtown Eau Claire.
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      Corner Lot For Lease

      Prime corner lot with high visibility and traffic.
      2460 Truax Blvd, Eau Claire, WI 54703
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      Office Spaces For Rent

      Office spaces with open floor plans available for rent.
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    Eau Claire, WI 54703
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    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.

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    2836 N Clairemont Ave, Eau Claire, WI, 54703
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