Technical
Financial
Distress signals
Property profile

864 Lk Ave Phillips, WI 54555

OFF-MARKET
Other commercial real estate
Property ID
US92-2852579
0.55 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a commercial building located on a busy highway in Phillips, Wisconsin, with approximately 4,922 square feet of interior space on a 0.55-acre lot. It was previously used as a daycare and elderly care facility and offers a flexible floor plan with multiple rooms of varying sizes, including seven offices, a large gathering room, a reception area, and an entryway with a 12-foot by 20-foot sitting area and an electric fireplace. Interior amenities include a 19-foot by 17-foot vault for storage, a kitchen with two refrigerators, a laundry room with a stackable washer/dryer unit and mop sink, and four bathrooms. The exterior includes a cultured stone façade with decorative siding and a shingled roof that is less than 10 years old. A fenced outdoor area at the rear of the building provides space suitable for a playground, recreation area, or break space.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.55 ac (23,958 SF)
APN 50-272-4-37-01-07-5 15-021-18000
UPID US92-2852579

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

864 Lk Ave Phillips, WI 54555-1508
Phillips metro Census 970500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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