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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    291 Main St Clintonville, WI 54929

    • Commercial real estate
    • 37,500 SF
    • 2.61 lot acres
    For Lease
    View listing
    Last Sale
    Jun 22, 2021
    $425,000
    Value Estimations
    $450,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-2127687
    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

    • Doggie Detailers / Pet Groomer / Pet Store
    • Robbins Nest / Antique Store
    • higi / Health Consultant
    • Casey Bartz / Pharmacy
    • Bobbi Brahan / Pharmacy

    Property Details for 291 Main St

    Year built
    1979
    Lot size
    2.61 lot acres
    Property size
    37,500 SF
    Property type
    Commercial real estate
    APN
    30 26 42 7
    APU
    3026427

    Description

    This exceptional commercial property, located at 291 S Main St, Clintonville, WI 54929, offers a unique opportunity for businesses seeking a high-visibility location. The 37,820 square foot retail and office building is situated in Waupaca County, along Highway 45, just south of the intersection of S Main St and W Madison St. This prominent retail location boasts excellent visibility and accessibility, surrounded by established businesses including Walgreens, Dollar General, and McDonald's. Currently, a portion of the building is available for lease, offering flexible space options ranging from a minimum of 1,000 square feet to a maximum contiguous space of 10,000 square feet. A total of 10,000 square feet is currently vacant and ready for immediate occupancy. The property's location within a growing rural city presents a strong demographic for retailers. This is an ideal opportunity for businesses seeking to establish or expand their presence in a thriving community. The property is categorized as General Commercial with multiple tenancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $450,000
      ML approach
      $715,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Clintonville
    County
    Waupaca
    State
    Wisconsin
    Longitude
    -88.7632
    Latitude
    44.6091

    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
    $14,392
    $129,400
    $307,000
    $436,400
    -
    $162,880
    $386,431
    $549,311

    Comparable in this City

    • Value Estimation
      $255,000
      2.10 Acres

      Clintonville, WI 54929

      COMMERCIAL (GENERAL) • 2.10 Acres
      Clintonville, WI 54929
      View Details
    • Value Estimation
      $250,000
      0.25 Acres

      Clintonville, WI 54929

      COMMERCIAL (GENERAL) • 0.25 Acres
      Clintonville, WI 54929
      View Details
    • Value Estimation
      $250,000
      0.04 Acres

      86 Madison St

      COMMERCIAL (GENERAL) • 0.04 Acres
      86 Madison St, Clintonville, WI 54929
      View Details
    • Value Estimation
      $250,000
      1.29 Acres

      945 Main St

      COMMERCIAL (GENERAL) • 1.29 Acres
      945 Main St, Clintonville, WI 54929-8405
      View Details
    • Value Estimation
      $250,000
      1.36 Acres

      9599th Us Hwy 45

      COMMERCIAL (GENERAL) • 1.36 Acres
      9599th Us Hwy 45, Clintonville, WI 54929-9731
      View Details
    • Value Estimation
      $250,000
      840 SF

      134 Flora Way

      COMMERCIAL (GENERAL) • 840 SF
      134 Flora Way, Clintonville, WI 54929-9792
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      37,820 SF

      Clintonville WI Shopping Center

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    • $70,000
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      Wooded Land Near Cloverleaf Lakes

      5.98 acres of wooded land near Cloverleaf Lakes.
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      Residential Land in Clintonville

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      Clintonville Industrial Park Commercial Property

      Commercial property in industrial park with two buildings on 2.49 acres.
      217 Industrial Ave, Clintonville, WI 54929
      View Details
    • New
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      Clintonville Buildable Land For Sale

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      County Road Y, Clintonville, WI 54929
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    • Contact for pricing
      6.19 Acres

      Clintonville Industrial Land - Build-to-Suit

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    Similar Nearby for Lease

    • Contact for pricing
      37,820 SF

      Clintonville WI Retail Space

      Prime Retail Space, 1,000-10,000 SF Available
      291 Main St, Clintonville, WI 54929
      View Details
    • $8 SF/Yr
      8,439 SF

      Former Retail Building on Main

      Former Dollar General retail building with ample parking and visibility.
      360 S Main St, Clintonville, WI 54929
      View Details
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    291 Main St
    Clintonville, WI 54929
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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.

    More about this property
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