6220 Texaco DrEau Claire, WI 54703

Property Details for 6220 Texaco Dr

Lot size

0.69 AC

Zone code

C3

Property type

Turn key restaurants

APN

18022-2-271004-430-0012

APU

1802222710044300012

Description

This vacant, 3,110 sq ft restaurant in Eau Claire, WI is available for $495,000. Located on Texaco Dr, just off I-94 Exit 59, this property boasts a prime location with high traffic counts. The 0.78-acre lot benefits from proximity to three hotels, two truck stops, Menards corporate offices and distribution center, an airport service, McDonald's, and numerous apartments. The single-story building features a newer roof and HVAC unit. All equipment and fixtures are included in the sale price. The property is zoned C3 and offers significant potential for a variety of restaurant concepts. This turnkey opportunity is ideal for an established restaurant or a new venture seeking a high-visibility location in a rapidly growing city. The property includes two APNs: 22101402020 and 22101402040. The asking price per square foot is $159.16.

• CAP approach

  CAP return

  Valuation

  6%

  $6,334,610

  6.5%

  $5,847,330

  7%

  $5,429,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,595,420

  Geo Method

  $1,595,420

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $11,416,100

  Mixed-Use / Specialty

  $5,821,140

  Hospitality / Lodging

  $4,263,830

  Office

  $5,781,000

  Institutional / Educational

  $6,049,730

  Residential Income

  $7,078,190

  Multifamily

  $8,518,810

  Automotive / Energy

  $5,185,480

  Parking / Income-Based Land

  $1,794,720

  Restaurant / Food Service

  $3,016,220

  Healthcare / Senior Housing

  $5,974,950

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Latitude

44.8442

Longitude

-91.5955

CBSA code

20740

CBSA name

EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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