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

    402 Graham Ave Eau Claire, WI 54701-3649

    • Office buildings
    • 6,534 SF
    OFF-MARKET
    Last Sale
    Jan 27, 2021
    $225,000
    Value Estimations
    $245,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-1242768
    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

    • KWG Counseling / Psychologist
    • The Phoenix Taproom & Kitchen / Restaurant
    • Benefit Plan Administrators / Insurance Agency
    • Ruder Ware - Eau Claire / Law Firm
    • Joseph Abhold / Psychologist

    Property Details for 402 Graham Ave

    Year built
    1985
    Property size
    6,534 SF
    Zone code
    CBDP
    Property type
    Office buildings
    APN
    02-0388- -000
    APU
    20388000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $235,000
      ML approach
      $250,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $275,000
      Market price range: $255k - $808k
      AI Estimate
      $213,000
      Market price range: $213k - $587k

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

    Location Insight

    • Map
    • Local Demand
    City
    Eau Claire
    County
    Eau Claire
    State
    Wisconsin
    Longitude
    -91.4996
    Latitude
    44.8094
    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
    $6,839
    $72,200
    $272,800
    $345,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $390,000
      5,620 SF

      4004 Oakwood Hls Pkwy

      OFFICE BUILDING • 5,620 SF
      4004 Oakwood Hls Pkwy, Eau Claire, WI 54701-7773
      View Details
    • Value Estimation
      $500,000
      13,693 SF

      3610 Oakwood Mall Dr

      OFFICE BUILDING • 13,693 SF
      3610 Oakwood Mall Dr, Eau Claire, WI 54701-3858
      View Details
    • Value Estimation
      $1,355,000
      2.76 Acres

      3619 Gtwy Dr

      OFFICE BUILDING • 2.76 Acres
      3619 Gtwy Dr, Eau Claire, WI 54701-8289
      View Details
    • Value Estimation
      $400,000
      8,580 SF

      320 Barstow St

      OFFICE BUILDING • 8,580 SF
      320 Barstow St, Eau Claire, WI 54701-3603
      View Details
    • Value Estimation
      $410,000
      5,186 SF

      4640 Golf Rd

      OFFICE BUILDING • 5,186 SF
      4640 Golf Rd, Eau Claire, WI 54701-3107
      View Details
    • Value Estimation
      $315,000
      5,948 SF

      3409 Golf Rd

      OFFICE BUILDING • 5,948 SF
      3409 Golf Rd, Eau Claire, WI 54701-2825
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Downtown Eau Claire Riverfront Lot

      Prime Development Site, Executive Office Potential
      202 Graham Ave, Eau Claire, WI 54701
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      Oakwood West Commercial Land

      Prime Eau Claire development site, high visibility.
      4325 Oakwood Hills Pkwy, Eau Claire, WI 54701
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      I-94 & Hwy 53 Commercial Land

      Prime Eau Claire location, 6 acres, high visibility.
      0 Old Town Hall Rd, Eau Claire, WI 54701
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    • $89,900
      0.31 Acres

      Residential Land in Timber Bluff

      Located in Timber Bluff neighborhood, close to shopping and restaurants.
      5061 Timber Blf Dr, Eau Claire, WI 54701
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    • $670,000
      4,452 SF

      Downtown Eau Claire Retail Opportunity

      Retail space available in revitalized downtown Eau Claire.
      20 S Barstow St, Eau Claire, WI 54701
      View Details
    • $269,900
      2,754 SF

      Updated Duplex Near Downtown Eau Claire

      Updated duplex near transit, shopping, parks, and schools.
      703 Main St, Eau Claire, WI 54701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,500 SF

      Office Space in Oakwood Hills

      Office space available in a professional building with ample parking.
      3430 Oakwood Mall Dr, Eau Claire, WI 54701
      View Details
    • Contact for pricing
      27,000 SF

      Class A Office Building

      Class A office building in a prime location.
      5410 Sevens Pkwy, Eau Claire, WI 54701
      View Details
    • $18 SF/Yr
      2,895 SF

      Eau Claire Medical Office Space

      Class A medical office, prime location.
      1110 Oak Ridge Dr, Eau Claire, WI 54701
      View Details
    • Contact for pricing
      60,000 SF

      Prime Eau Claire Office Space

      8,500 SF Available, I-94 Visibility
      5400 Old Town Hall Rd, Eau Claire, WI 54701
      View Details
    • Contact for pricing
      13,750 SF

      Retail/Office Space Available

      4,285 SF space in a highly visible location.
      3430 Oakwood Hills Pkwy, Eau Claire, WI 54701
      View Details
    • Contact for pricing
      50,979 SF

      Class A Office Space Available

      3,000 SF office space in a premier location.
      4890 Owen Ayres Ct, Eau Claire, WI 54701
      View Details
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    402 Graham Ave
    Eau Claire, WI 54701-3649
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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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