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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Medical Office Space
3131 Stein Blvd Eau Claire, WI 54701-6978
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-0173864
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1986
Total area
5,000 SF
Lot
0.98 ac (42,514 SF)
Zoning code
C1A
APN
15-1052-C-000
UPID
US92-0173864
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
-
Dr. William D. Bethke, DDS Dental Office
-
Gregg Bohlig - State Farm Insurance Agent Insurance Agency
-
Nelson Stephen DDS Dental Office
-
Dr. Dedra Wallace Dental Office
-
Neal Benham Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Speculum Real Estate LLC · 4 yrs held
Speculum Real Estate LLC
since 2022
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
C1A · Eau Claire, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$725,000
+140.3%
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
$1,235,000
ML approach
$1,055,000
CAP Approach
CAP Return
Estimation
6%
$1,120,000
6.5%
$1,030,000
7%
$960,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$725,000
Change: +140% · Conversion: Moderate
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10% · vs last sale $1.18M (May 18 2022)
Last sale anchor
$1.18M
May 18 2022
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
$227 / 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
$14,186
Tax year 2023
Assessed value
$776,900
Assessed 2023
Previous assessed
$776,900
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$412,400
Assessed improvement
$364,500
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
5,000 SF
Lot
0.98 ac (42,514 SF)
Zoning code
C1A
APN
15-1052-C-000
UPID
US92-0173864
Jurisdiction
EAU CLAIRE
Zoning & alternative use
C1A · Eau Claire, WI
Zoning C1A · permitted uses
C1A · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$725,000
APARTMENT HOUSE (5+ UNITS)
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
1986
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Speculum Real Estate LLC
Entity
Mailing address
3213 STEIN BLVD, EAU CLAIRE, WI 54701-6946
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2023
—
Speculum Real Estate LLC
—
Deed
related
$1,655,145 · Nicolet National Bank
May 18, 2022
$1,175,000
Speculum Real Estate LLC
Cherry Tree Real Estate Eau Claire
Warranty Deed
$930,000 · Charter Bank
Dec 26, 2019
—
Cherry Tree Real Est Eau Clair
—
Deed
related
$346,700 · Mcfarland State Bank
Oct 20, 2014
—
Bpa Properties LLC
North Shore Svcs LLC
Grant Deed
—
—
—
North Shore Services LLC
—
Deed Of Trust
related
$331,552 · Royal Cu
—
—
North Shore Services LLC
—
Deed Of Trust
related
$161,000 · Charter 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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