3325 Mormon Coulee RdLa Crosse, WI 54601

Property Details for 3325 Mormon Coulee Rd

Year built

1954

Lot size

0.24 AC

Property size (Sq ft)

1,836 SF

Property type

Retail properties

Property subtype

Auto shops

APN

017-050326-050

APU

17050326050

Description

This 1,836 sq ft commercial property in La Crosse, WI, is situated on a 0.238-acre lot on Mormon Coulee Road (Hwy 14/61 & Hwy 35), a major corridor with an average annual daily traffic count of 18,800 vehicles (WisDOT, 2021). Built in 1954, the single-tenant building boasts excellent visibility and easy access with two large cut-outs. Currently operating as an auto sales business, the versatile space features a garage bay, front office/reception area, interior office, two bathrooms, a back room, and a mechanical room. The property includes 3-phase electrical service and is commercially zoned, offering redevelopment potential for various commercial uses. Its history includes previous uses as a restaurant and auto repair shop, highlighting its adaptability. The asking price is $299,900 ($163.34/sq ft), and the property is 100% occupied. This location benefits from increased commercial growth and investment in the area, including a recently constructed convenience store nearby. This presents a premium development opportunity in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $444,272

  6.5%

  $410,097

  7%

  $380,805

• Comparable approach

  Method

  Valuation

  Relative Method

  $236,148

  Geo Method

  $236,148

• Alternative Use

  Use

  Valuation

  Residential

  $345,932

  Hospitality

  $316,872

  Educational

  $263,634

  Medical

  $272,701

  Retail

  $410,097

Location Insight

City

La Crosse

County

La Crosse

State

Wisconsin

Latitude

43.7821

Longitude

-91.2273

CBSA code

29100

CBSA name

LA CROSSE, WI-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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