Medical Office Condo with Exercise
For Sale
$699,000
101 Camelot Drive Suite 4, Fond du Lac, WI 54935
Built-out space includes locker rooms, exercise areas, and professional medical offices.
Property Size6,090 SF
Price / SF$114.78
Days on Market74
Property Features for 101 Camelot Drive Suite 4
General Information
Standard status
Active
Size
6,090 SF
Additional Details
Highway Access
Yes
Office Units
1
Amenities
locker rooms
exercise areas
salon
pond
walking trails
Building Details
Year Built
1994
Tenancy
Multi
Owner Occupied
No
Listing Agency:
Zellner Real Estate
Listed By:
Jason M. Zellner · License #5923790
(920) 960-3898
Source:
Moving2greenbay
Added: Aug 4
Changed: Oct 4
Last Checked: Oct 7 at 1:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zellner Real Estate
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Investment Insights
Based on property information with market context.
This 6,090 Sq Ft commercial condo combines a physical therapy facility with professional medical office space. The build-out includes locker rooms, multiple exercise areas, medical offices, and high-end interior finishes. A salon is leased within the property, and the medical office component is occupied by a physical therapy and pre-employment screening facility.
The property is located at 101 Camelot Drive, Suite 4, in Southeast Fond du Lac, with access from Hwy 41 and Hwy 151. The condo complex includes businesses such as Excel Engineering, C.D. Smith, and Society Insurance. A pond and walking trails are part of the surrounding setting, while the parking lot has been recently updated. The building was constructed in 1994.
The property is located at 101 Camelot Drive, Suite 4, in Southeast Fond du Lac, with access from Hwy 41 and Hwy 151. The condo complex includes businesses such as Excel Engineering, C.D. Smith, and Society Insurance. A pond and walking trails are part of the surrounding setting, while the parking lot has been recently updated. The building was constructed in 1994.
Key Highlights
- 6,090 Sq Ft commercial condo built out for physical therapy and professional medical offices
- Locker rooms, multiple exercise areas, and medical office space
- Leased salon and medical office tenant in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,738
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,254,760
$1.3M
Cap Rate 7%
$896,257
$896.3K
Cap Rate 9%
$697,089
$697.1K
Market Conditions
NOI Build-Up for 6,090 SF
Gross rent
$106.7K $17.52/SF
− Vacancy
−$23.0K −$3.78/SF
EGI
$83.7K $13.74/SF
− OpEx
−$20.9K −$3.43/SF
NOI
$62.7K $10.30/SF
Area
Fond du Lac County, WI
Vacancy
21.60%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,254,760
Cap Rate 7%
$896,257
Cap Rate 9%
$697,089
Alternative Uses
Best Use
Healthcare Medical
$1.32M
$1.16M – $1.55M
NOI $92,739 @ 7.0% cap · market cap 13.27%
Second Best
Office B
$896.3K
$784.2K – $1.05M
NOI $62,738 @ 7.0% cap · market cap 8.98%
Theoretical Best
Multifamily LT 5
$5.87M
$5.13M – $6.85M
NOI $410,783 @ 7.0% cap · market cap 58.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
365
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 54935, WI
42,513
Population
19,115
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
2,725
Density / Sq Mi
$63,060
Median Household Income
$41,338
Median Earnings
$880
Median Rent
$166,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Built-out space includes locker rooms, exercise areas, and professional medical offices.
Where is this medical office space located?
The property is located at 101 Camelot Drive Suite 4 Fond du Lac, WI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 6,090 Sq Ft commercial condo built out for physical therapy and professional medical offices; Locker rooms, multiple exercise areas, and medical office space; Leased salon and medical office tenant in place
