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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Commercial real estate
303 3rd St Wausau, WI 54403-5411
Entity Owned
~
Est. High Equity
Property ID
US92-0612129
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1913
Lot
0.06 ac (2,396 SF)
Zoning code
B43
APN
291-2907-362-0213
UPID
US92-0612129
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
-
Forward Beverage Co Cafe & Coffee Shop Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Downtown Wansan LLC
Downtown Wansan LLC
since 2025
Last sale
$1.4M
2 recorded transactions
Zoning & alternative use
B43 · Wausau, 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 Wausau submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wausau 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
$6,159
Tax year 2023
Assessed value
$221,300
Assessed 2023
Previous assessed
$221,300
+0.0% YoY
Effective rate
2.78%
On assessed value
Assessed land
$50,700
Assessed improvement
$170,600
Land market value
$60,785
Improvement market value
$204,535
Total market value
$265,320
Applied tax rate
291.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1913
Heating
NONE
Stories
2
Lot
0.06 ac (2,396 SF)
Zoning code
B43
APN
291-2907-362-0213
UPID
US92-0612129
Jurisdiction
MARATHON
Zoning & alternative use
B43 · Wausau, WI
Zoning B43 · permitted uses
B43 · Wausau, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wausau. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1913
Heating
NONE
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Downtown Wansan LLC
Entity
Mailing address
4501 STATE HWY 66, STEVENS POINT, WI 54482-8411
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2025
$1,400,000
Downtown Wansan LLC
Compass Properties Third Street LLC
Warranty Deed
$8,965,000 · Wells Fargo Bank NA
Oct 7, 2015
$1,024,600
Compass Properties Third Street LLC
Compass Properties LLC
Warranty Deed
$820,000 · Integrity First 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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