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Property profile & analytics
OFF-MARKET
Estimated value
$5,220,000
Community centers
4130 Commonwealth Ave Eau Claire, WI 54701-9752
Entity Owned
~
Est. High Equity
Property ID
US92-1056491
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2008
Total area
50,001 SF
Lot
6.61 ac (287,739 SF)
Zoning code
C3P
APN
15-3493-A-000
UPID
US92-1056491
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
-
ERIK'S - Bike Board Ski (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.28M
Blend (final)
Blend
$5.22M
Owner & transaction history
Oakwood Business Park LLC
Oakwood Business Park LLC
1 recorded transaction
Zoning & alternative use
C3P · Eau Claire, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.2M
+83.1%
Commercial (general)
$6.1M
+53.2%
Restaurant
$4.9M
+24.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,950,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,230,000
Change: +83% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,050,000
Change: +53% · Conversion: Easy
RESTAURANT
$4,905,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,560,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$3,175,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$5.22M
Range $4.70M – $5.74M · ±10%
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
$104 / 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
$120,112
Tax year 2023
Assessed value
$6,555,000
Assessed 2023
Previous assessed
$6,555,000
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$2,184,700
Assessed improvement
$4,370,300
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
50,001 SF
Lot
6.61 ac (287,739 SF)
Zoning code
C3P
APN
15-3493-A-000
UPID
US92-1056491
Jurisdiction
EAU CLAIRE
Zoning & alternative use
C3P · Eau Claire, WIZoning C3P · permitted uses
C3P · Eau Claire, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$6.1M
RESTAURANT
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$4.6M
OFFICE BUILDING
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2008
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
6.61 ac
Current owner
From public records · entity-resolved
Oakwood Business Park LLC
Entity
Mailing address
PO BOX 617, EAU CLAIRE, WI 54702-0617
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Oakwood Business Park LLC
—
Loan Modification
related
$4,532,000 · Wells Fargo 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.
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