Entity Owned 
For Sale
1 / 22
$2,999,000
659 W Hamilton Ave, Eau Claire, WI 54701
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Property summary
AI-generated overview
This exceptional two-story, 15,100 square foot medical office building in Eau Claire, Wisconsin, is offered at $3,300,000. Situated on a 0.83-acre lot at 659 W Hamilton Ave, 54701, this property boasts a convenient location with easy access to major highways. Built by Fern Construction and SKD Architects, it's considered one of Eau Claire's finest commercial buildings. The building currently houses multiple tenants and features 47 parking spaces. The property is zoned commercial and offers the flexibility to be converted into four individual suites or even a state-of-the-art surgery center. Extensive recent updates have been completed, including a finished lower level. Owner financing may be available for qualified buyers interested in purchasing the entire building or a portion thereof. Detailed floor plans and design features are available upon request. Proof of funds or pre-approval is required for showings. MLS# 1559673.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Total area
7,550 SF
Lot
0.83 ac (36,193 SF)
Zoning code
C1A
APN
15-3800- -000
UPID
US92-3451469
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alternative Medicine Practice
-
Medical Clinic
-
Physician
-
Physician
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$637k
Blend (final)
Blend
$545k
Owner & transaction history
Zoning & alternative use
C1A · Eau Claire, WI
Top alternative use upside
Restaurant
$740,000
+63.0%
Auto repair, garage
$690,000
+51.5%
Neighborhood: shopping center
$595,000
+31.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$545k
Value range
$491k – $600k
±10% around blend
Estimated value / SF
$72 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$491k
blend $545k
$600k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,550 SF
Lot area
0.83 ac
Year built
2004
Stories
1
APN
15-3800- -000
Zoning
C1A
Assessed value
$2,121,300
Annual tax
$38,832
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$38,832
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$637k
Range $334k – $637k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$545k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+63%
vs current-use indication
Auto Repair, Garage
Neighborhood: Shopping Center
Office Building
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
6.97%
Selected cap rate for this medical office space
Derived from the Eau Claire market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.97%
9.0%
NOI (est.)
$209k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.00M
Move the market yield to see immediate price impact.
Value / SF
$397
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.47%6.97%7.47%
$188k
$2.91M
$2.70M
$2.52M
$209k
$3.23M
$3.00M
$2.80M
$230k
$3.55M
$3.30M
$3.08M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,832
Tax year 2023
Assessed value
$2,121,300
Assessed 2023
Previous assessed
$2,121,300
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$343,800
Assessed improvement
$1,777,500
Applied tax rate
1,554.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
2004
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
7,550 SF
Lot
0.83 ac (36,193 SF)
Zoning code
C1A
APN
15-3800- -000
UPID
US92-3451469
Jurisdiction
EAU CLAIRE
Zoning & alternative use
C1A · Eau Claire, WIZoning C1A · permitted uses
C1A · Eau Claire, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.83 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C1A
Jurisdiction
Eau Claire, WI
Recorded code
C1A
Ownership Intelligence
Find the owner behind the property.
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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