Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    701 Church St Watertown, WI 53094
    Back to Search
    Property profile & analytics

    701 Church St, Watertown, WI 53094

    View on Map
    • Office Units
    Off-Market
    Property ID
    US92-1293128
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Roberson L C / Medical Clinic
    • higi / Physician
    • ATM / Atm
    • Jennifer Reithmeyer / Pharmacy
    • Chris Coffini / Physician

    Property Details for 701 Church St

    Property type
    Office Units
    Property subtype
    Medical Office Space

    Description

    This exceptional Watertown, Wisconsin office property at 701 S Church St, zip code 53094, offers a diverse range of flexible office spaces, ideal for various business needs. Located in Jefferson County, this multi-tenant building provides 5 available units ranging from 1,920 square feet to 9,300 square feet. The property is categorized as Traditional Office, Coworking, Medical Office, and Creative Office space, showcasing its versatility and adaptability to a wide array of businesses. The build-to-suit design allows for complete customization, enabling tenants to create a workspace perfectly tailored to their specific requirements and preferences. This presents a unique opportunity for businesses seeking to establish a strong presence in Watertown, whether expanding or starting anew. The property's prime location in Watertown offers convenient access to local amenities and transportation networks. The address is 701 S Church St, Watertown, WI 53094. The latitude and longitude coordinates are 43.185381 and -88.728498 respectively. This is a fantastic opportunity to secure a highly adaptable and customizable office space in a thriving Wisconsin community. Contact us today to learn more about the available spaces and begin planning your ideal workspace.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    Wisconsin
    Longitude
    -88.728498
    Latitude
    43.185381

    Comparable in this City

    • Contact for pricing
      3,962 SF

      Watertown Office Space Available

      Office space available for rent in Watertown, Wisconsin.
      1532-1536 S Church St, Watertown, WI 53094
      View Details
    • Contact for pricing

      New Retail/Office/Showroom Space Available

      New construction retail/office/showroom space for lease or sale.
      605 S Church St, Watertown, WI 53094
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease at 1212 Utah Street.
      1212 Utah St, Watertown, WI 53094
      View Details
    • Contact for pricing

      Downtown Watertown Retail Space

      Retail space available in a busy downtown Watertown mall.
      210 South Water St, Watertown, WI 53094
      View Details
    • Contact for pricing

      Retail Space in Watertown, WI

      Retail space in a thriving Watertown community near local attractions.
      813 E Main St, Watertown, WI 53094
      View Details

    Similar Nearby for Sale

    • $99,900
      1.00 Acre

      Watertown Acre Parcel For Sale

      One acre lot for custom home with highway access.
      1 Reichart Ln, Watertown, WI 53094
      View Details
    • $99,900
      1.00 Acre

      Watertown Acre Lot For Sale

      One acre lot for custom home with easy highway access.
      2 Reichart Ln, Watertown, WI 53094
      View Details
    • Contact for pricing
      1,180 SF

      New Retail Space For Rent

      New construction retail space with high traffic and strong demographics.
      605 S Church St, Watertown, WI 53094
      View Details
    • $550,000

      Turnkey Gas Station/Automotive Repair Facility

      Well-maintained gas station and auto repair in Watertown, Wisconsin.
      1021 S 3Rd St, Watertown, WI 53094
      View Details
    • Contact for pricing
      13,161 SF

      Historic Power House Renovation Project

      Four-story historic building with approved condo renovation plans.
      245 S Concord Ave, Watertown, WI 53094
      View Details
    • Contact for pricing

      Watertown Commercial Land For Sale

      5.21 acre commercial land parcel in Watertown, Wisconsin.
      2 Gateway Dr, Watertown, WI 53094
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,962 SF

      Watertown Office Space Available

      Office space available for rent in Watertown, Wisconsin.
      1532-1536 S Church St, Watertown, WI 53094
      View Details
    • Contact for pricing

      New Retail/Office/Showroom Space Available

      New construction retail/office/showroom space for lease or sale.
      605 S Church St, Watertown, WI 53094
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease at 1212 Utah Street.
      1212 Utah St, Watertown, WI 53094
      View Details
    • Contact for pricing

      Downtown Watertown Retail Space

      Retail space available in a busy downtown Watertown mall.
      210 South Water St, Watertown, WI 53094
      View Details
    • Contact for pricing

      Retail Space in Watertown, WI

      Retail space in a thriving Watertown community near local attractions.
      813 E Main St, Watertown, WI 53094
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    701 Church St
    Watertown, WI 53094
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    701 Church St, Watertown, WI, 53094
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!