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Property profile & analytics
FOR SALE
Warehouses
2921 Mall Dr Eau Claire, WI 54701
Individually Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0064171
For Sale
1 / 22
$2,230,000
2921 Mall Dr, Eau Claire, WI 54701
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Total area
93,620 SF
Lot
4.98 ac (216,867 SF)
Zoning code
C3
APN
15-2348- -000
UPID
US92-0064171
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
-
Homemade By TAG Eau Claire (Bike/Boat/Book/etc) Store
-
Midwest Home Supply Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.23M
Owner & transaction history
Spirit Spe Portfolio 2004-6 Ll · 18 yrs held
Spirit Spe Portfolio 2004-6 Ll
since 2008
7 recorded transactions
Zoning & alternative use
C3 · 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
$24 / 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
$49,954
Tax year 2023
Assessed value
$2,728,000
Assessed 2023
Previous assessed
$2,728,000
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,366,300
Assessed improvement
$1,361,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1988
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
93,620 SF
Lot
4.98 ac (216,867 SF)
Zoning code
C3
APN
15-2348- -000
UPID
US92-0064171
Jurisdiction
EAU CLAIRE
Zoning & alternative use
C3 · Eau Claire, WI
Zoning C3 · permitted uses
C3 · 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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.98 ac
Current owner
From public records · entity-resolved
Spirit Spe Portfolio 2004-6 Ll
Individual
Free & Clear · 18 yrs held
Mailing address
1435 INTERNATIONAL DR, EAU CLAIRE, WI 54701-7057
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Jun 11, 2020
—
Continental 1776 LLC
—
Deed
related
$996,000 · Midland States Bank
Apr 28, 2020
—
Certified Dev Co
—
Deed
related
$1,245,000 · Midland States Bk
Apr 27, 2020
—
Continental 1776 LLC
—
Deed
related
$1,026,000 · Private Individual
Mar 24, 2020
—
Continental 1776 LLC
—
Deed
related
$1,992,000 · Midland States Bank
Mar 7, 2008
$8,500,000
Spirit Spe Portfolio 2004-6 Ll
Crw Eau Claire LLC
Warranty Deed
—
—
—
Continental 1776 LLC
—
Deed Of Trust
related
$1,026,000 · Private Individual
—
—
Certified Dev Co
—
Deed Of Trust
related
$1,245,000 · Midland States Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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