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Property profile & analytics
OFF-MARKET
Turn key restaurants
6220 Texaco Dr Eau Claire, WI 54703-9603
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US92-0361655
Property summary
AI-generated overview
This vacant, 3,110 sq ft restaurant in Eau Claire, WI is available for $495,000. Located on Texaco Dr, just off I-94 Exit 59, this property boasts a prime location with high traffic counts. The 0.78-acre lot benefits from proximity to three hotels, two truck stops, Menards corporate offices and distribution center, an airport service, McDonald's, and numerous apartments. The single-story building features a newer roof and HVAC unit. All equipment and fixtures are included in the sale price. The property is zoned C3 and offers significant potential for a variety of restaurant concepts. This turnkey opportunity is ideal for an established restaurant or a new venture seeking a high-visibility location in a rapidly growing city. The property includes two APNs: 22101402020 and 22101402040. The asking price per square foot is $159.16.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Lot
0.69 ac (30,056 SF)
Zoning code
C3
APN
18022-2-271004-430-0012
UPID
US92-0361655
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
-
Fiesta Northern Bar & Grill Bar & Pub
-
Dos Amigos Mexican Restaurant Restaurant
-
Tierra Caliente Restaurant Restaurant
-
Fiesta Nortena Méxican & Grill Restaurant
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La Tequilla Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Howard J Meyer
Howard J Meyer
2 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
—
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
$3,245
Tax year 2023
Assessed value
$317,400
Assessed 2023
Previous assessed
$230,700
+37.6% YoY
Effective rate
1.02%
On assessed value
Assessed land
$82,700
Assessed improvement
$234,700
Total market value
$320,900
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Heating
NONE
Lot
0.69 ac (30,056 SF)
Zoning code
C3
APN
18022-2-271004-430-0012
UPID
US92-0361655
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
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
Howard J Meyer
Individual
Mailing address
5677 165TH ST, CHIPPEWA FALLS, WI 54729-8006
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Howard J Meyer
—
Deed Of Trust
related
$25,000 · Charter Bank
—
—
Howard J Myer
—
Deed Of Trust
related
$150,000 · 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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