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Office Condominium

1012 West 20th Avenue, Oshkosh, WI 54902

For Sale
Contact for pricing

The unit is part of a connected commercial building with shared parking and C1 zoning.

Property Size4,525 SF
Lot Size0.74 Acres
Price / SF$200.79
Days on Market27

Property Features for 1012 West 20th Avenue

General Information

Standard status Active
Size 4,525 SF
Lot size 0.74 Acres
Property subtype Office
Zoning C1 - Misc. Commercial

Building Details

Year Built 1979
Building Size 4,525 SF
Listing Agency: Commercial Horizons
Listed By: Mike Maedke · License #59749-90
Source: Crexi
Added: Oct 14 Changed: Nov 8 Last Checked: Nov 8 at 5:15AM

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 Commercial Horizons

Rey
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Investment Insights

Based on property information with market context.

The office condominium contains 1,768 square feet within a 4,525-square-foot building constructed in 1979. The property occupies a 0.74-acre lot and carries C1 - Misc. Commercial zoning.

The building connects to 1010 W. 20th Ave., and parking is shared with that property. The condominium unit is offered for sale or lease.

Key Highlights

  • 1,768‑square‑foot office condominium within a 4,525‑square‑foot building
  • 0.74‑acre lot, or 32,234 square feet
  • C1 - Misc. Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,049
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,980 $401.0K
Cap Rate 7%
$286,414 $286.4K
Cap Rate 9%
$222,767 $222.8K
Market Conditions
NOI Build-Up for 1,768 SF
Gross rent
$31.8K $18.00/SF
− Vacancy
−$5.1K −$2.88/SF
EGI
$26.7K $15.12/SF
− OpEx
−$6.7K −$3.78/SF
NOI
$20.0K $11.34/SF
Area
Winnebago County, WI
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,980
Cap Rate 7%
$286,414
Cap Rate 9%
$222,767

Alternative Uses

Best Use
Office B
$286.4K
$250.6K – $334.2K (±1% cap)
NOI $20,049 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$381.6K
$333.9K – $445.2K (±1% cap)
NOI $26,712 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Oshkosh Postal Employees ... Credit Union

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby

Demographics for 54902, WI

22,309
Population
10,800
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
35.0 sq mi
ZIP Area
637
Density / Sq Mi
$64,548
Median Household Income
$41,592
Median Earnings
$859
Median Rent
$163,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Office Units in Winnebago County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The unit is part of a connected commercial building with shared parking and C1 zoning.
Where is this office unit located?
The property is located at 1012 West 20th Avenue Oshkosh, WI.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 1,768‑square‑foot office condominium within a 4,525‑square‑foot building; 0.74‑acre lot, or 32,234 square feet; C1 - Misc. Commercial zoning
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