102 Jay StLa Crosse, WI 54601

Property Details for 102 Jay St

Year built

2010

Lot size

0.89 AC

Property size (Sq ft)

131,552 SF

Property type

Retail properties

Property subtype

Parking lots & garages

APN

017-020026-055

APU

17020026055

Description

Riverside Center III, a 2007-built traditional office building, presents a significant opportunity for a single tenant. This 130,000 square foot building offers 94,721 square feet of immediately available space, situated on a 0.89-acre lot in La Crosse County. The property's convenient location is a key advantage, being just two blocks from I-90 ALT, ensuring excellent accessibility for employees and clients. The asking price is $14.00 per square foot. The existing furniture, fixtures, and equipment are negotiable as part of the transaction. This presents a unique chance to acquire a substantial, modern office space in a desirable location with immediate occupancy. The building's single-tenant configuration offers significant flexibility and control for the new occupant. The substantial square footage allows for a variety of potential uses and configurations to suit the needs of a large organization. The property's location near a major interstate provides easy access to regional transportation networks. This is an exceptional opportunity to secure a high-quality, well-located office building in a thriving market. The sale includes the entire vacant space within the building.

• CAP approach

  CAP return

  Valuation

  6%

  $31,832,716

  6.5%

  $29,384,046

  7%

  $27,285,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,920,324

  Geo Method

  $16,920,324

• Alternative Use

  Use

  Valuation

  Residential

  $24,786,542

  Hospitality

  $22,704,340

  Educational

  $18,889,744

  Medical

  $19,539,390

  Retail

  $29,384,046

Location Insight

City

La Crosse

County

La Crosse

State

Wisconsin

Latitude

43.8107

Longitude

-91.2564

CBSA code

29100

CBSA name

LA CROSSE, WI-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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