3702 Gateway DrEau Claire, WI 54701

  • Grocery and convenience stores
  • 1,852 SF
For Sale

Property Details for 3702 Gateway Dr

Year built
1994
Lot size
1.00 AC
Property size (Sq ft)
1,852 SF
Zone code
C3P
Property type
Grocery and convenience stores
APN
15-3519-G-000
APU
153519G000

Description

This exceptional 0.5-acre commercial land parcel, located at 3702 Gateway Drive in Eau Claire, Wisconsin, presents a unique investment opportunity. Situated in the C-3 Community Commercial District, this property offers significant potential for a variety of commercial developments. The zoning allows for a wide range of uses, making it suitable for businesses seeking high visibility and convenient access. The lot's size provides ample space for construction, while its strategic location ensures strong exposure to a high volume of traffic. The property is conveniently situated near a multitude of established businesses, including Kohl's, Walmart, Target, Sam's Club, Menards, Raising Cane's, and Goodwill, creating a vibrant and thriving commercial environment. This prime location offers excellent visibility and accessibility, attracting a large customer base. The property is available for sale, ground lease, or build-to-suit options, providing flexibility to accommodate various development plans. Interested parties should contact the listing agent for pricing and further details. The property's address is 3702 Gateway Dr, Eau Claire, WI 54701, and its coordinates are 44.7778408 latitude and -91.4321328 longitude. This is an exceptional opportunity to acquire a highly desirable commercial property in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $500,535
    6.5%
    $462,032
    7%
    $429,030
  • Comparable approach

    Method
    Valuation
    Relative Method
    $238,206
    Geo Method
    $238,206
  • Alternative Use

    Use
    Valuation
    Residential
    $389,741
    Hospitality
    $357,001
    Educational
    $297,021
    Medical
    $307,236
    Retail
    $462,032
3702 Gateway Dr, Eau Claire, Wisconsin

Location Insight

City
Eau Claire
County
Eau Claire
State
Wisconsin
Latitude
44.7779
Longitude
-91.4322
CBSA code
20740
CBSA name
EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,433
$1,089,800
$375,700
$1,465,500
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-
-
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FAQs

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