4202 Mormon Coulee RdLa Crosse, WI 54601

Property Details for 4202 Mormon Coulee Rd

Lot size

0.59 AC

Property type

Retail properties

Property subtype

Retail space

APN

017-050323-390

APU

17050323390

Description

Shelby Mall, a 76,033 square foot retail strip center located at 4202 Mormon Coulee Rd, La Crosse, WI 54601, presents a prime opportunity for retail businesses. This established center, a south-side La Crosse landmark since 1978, has undergone renovations and is experiencing a resurgence as part of the area's retail revitalization. Currently, 4,045 square feet of contiguous space is available, representing a minimum divisible unit size. The maximum contiguous space available is also 4,045 square feet. The property boasts a highly visible location on Mormon Coulee Road, a well-traveled thoroughfare. Its strategic position offers excellent accessibility and visibility to a substantial customer base. Furthermore, its proximity to the University of Wisconsin-La Crosse and Viterbo University campuses provides a significant advantage, tapping into a large student population and associated community. This presents a unique chance to establish or expand a retail presence in a thriving and revitalized area of La Crosse. The property is classified as a multi-tenant retail strip center. Interested parties should inquire about lease terms and conditions.

• CAP approach

  CAP return

  Valuation

  6%

  $6,261,186

  6.5%

  $5,779,556

  7%

  $5,366,731

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,328,063

  Geo Method

  $3,328,063

• Alternative Use

  Use

  Valuation

  Residential

  $4,875,272

  Hospitality

  $4,465,723

  Educational

  $3,715,429

  Medical

  $3,843,208

  Retail

  $5,779,556

Location Insight

City

La Crosse

County

La Crosse

State

Wisconsin

Latitude

43.7717

Longitude

-91.2184

CBSA code

29100

CBSA name

LA CROSSE, WI-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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