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    Medical Office Suite with Exam Rooms Title is generated by Realmo AI

    119 Ave O West, Fort Dodge, IA 50501

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    For Sale
    $1,600,000

    Versatile medical office with 10 exam rooms, near hospital and major community amenities.

    Property size:
    11,250 SF
    Price / SF:
    $142/SF
    Added:
    Jun 8, 2026
    Days on Market:
    20
    Last Refresh:
    Jun 25 at 9:02 pm

    Property Features for 119 Ave O West

    General Information

    Standard status
    Active
    Size
    11,250 SF

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    Stephanie Bishop
    Stephanie Bishop

    Listing office Kesterson Realty Inc

    Listing date Jun 8, 2026

    Source Exprealty

    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 Kesterson Realty Inc

    HighLights

    • Expansion commercial property available for sale at $1,600,000 or lease (4,500 SF available).
    • Primary suite includes 10 exam rooms for medical, dental, specialty clinic, or wellness practice use.
    • Located near the hospital and adjacent to McDonald’s.
    • Near Iowa Central Community College and a large retirement community.

    Overview

    This expansion commercial property is designed for medical and professional use, featuring a primary suite built around patient care. The suite includes 10 exam rooms, providing ready-made layout for a variety of healthcare and service-oriented practices. The building also offers additional space for lease, totaling 4,500 square feet available within the property.

    The property is located near a hospital and within an active area that includes Iowa Central Community College and a large retirement community. It is also adjacent to McDonald’s, supporting straightforward customer access for day-to-day appointments and services.

    For providers looking for an exam-room focused setting, the existing 10-room configuration can streamline buildout decisions compared with starting from an empty shell. The combination of an owner-occupied or multi-tenant approach is supported by the availability of leasing space alongside the primary suite, making the property practical for medical groups, dental and specialty clinics, and wellness-oriented businesses seeking an established medical environment.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $247.1k $21.96
    − Vacancy −$41.5k −$3.69
    EGI $205.5k $18.27
    − OpEx −$82.2k −$7.31
    NOI $123.3k $10.96
    11,250 SF · lease $21.96/SF/yr · vacancy 16.80% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $1.76M
    $1.54M – $2.06M (±1% cap)
    NOI $123,327 @ 7.0% cap · market cap 7.71%
    Second Best
    Office B
    $1.48M
    $1.30M – $1.73M (±1% cap)
    NOI $103,781 @ 7.0% cap · market cap 6.49%
    Theoretical Best
    Office A
    $2.03M
    $1.77M – $2.37M (±1% cap)
    NOI $141,912 @ 7.0% cap · market cap 8.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Alan Nguyen, DO Pediatrician John Birkett, MD Pediatrician MercyOne Fort Dodge ... Medical Clinic Van Diest Family ... Medical Clinic Tricia Widlund Physician

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Pharmacy Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Delzell Tiffany — 115 ave o w, fort dodge, ia 50501
    • Wilson Misty — 115 ave o w, fort dodge, ia 50501

    Location Insight

    • Map
    • Local Demand
    City
    Fort Dodge
    County
    Webster
    State
    Iowa
    Longitude
    -94.2083181
    Latitude
    42.4867111

    FAQs

    What type of property is this?
    Medical Office Space - Versatile medical office with 10 exam rooms, near hospital and major community amenities.
    Where is this medical office space located?
    The property is located at 119 Ave O West Fort Dodge, IA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Expansion commercial property available for sale at $1,600,000 or lease (4,500 SF available).; Primary suite includes 10 exam rooms for medical, dental, specialty clinic, or wellness practice use.; Located near the hospital and adjacent to McDonald’s.
    More about this property
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