Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Well-Maintained Condo with Finished Basement Title is generated by Realmo AI

    1423 Ridgewood Dr, West Bend, WI 53095

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $379,900

    2-bedroom, 2.5-bath condo with finished basement and open layout.

    Type:Condo/Townhome
    Added:
    Mar 24, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 5 at 11:39 pm

    Property Features for 1423 Ridgewood Dr

    General Information

    Standard status
    Active
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1991

    We can help!

    Listing Contact
    Griffin A Kopp

    Listing agent Griffin A Kopp License #85707-94

    Listing office Coldwell Banker Realty

    Listing date Mar 24, 2026

    Source Exitrealty

    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 Coldwell Banker Realty

    HighLights

    • Open‑concept design ideal for modern living and entertaining.
    • Finished lower level with full‑sized windows and natural light.
    • Two bedrooms and 2.5 bathrooms.
    • Vaulted ceilings, gas fireplace, and hardwood floors in the main living area.
    • Primary bedroom with en‑suite bathroom.
    • Meticulously maintained home with only one owner.

    Overview

    This side-by-side condo features 2 bedrooms and 2.5 bathrooms. The property has an open-concept design suitable for modern living. A finished lower level includes full-sized windows providing natural light. The main living area features vaulted ceilings, a gas fireplace, and hardwood floors. The primary bedroom includes an en-suite bathroom. The property has been maintained by one owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    West Bend
    County
    Washington
    State
    Wisconsin
    Longitude
    -88.1865627
    Latitude
    43.4021588

    Nearby Similar for Sale

    • $374,900
      2,720 SF

      West Bend Commercial Office Building

      High-visibility commercial building in a prime West Bend location.
      1624 W Washington St, West Bend, WI 53095
      View Details
    • $795,000
      5,500 SF

      West Bend Restaurant Opportunity

      Turn-key restaurant with brewing equipment and river view deck.
      255 S Main St, West Bend, WI 53095
      View Details
    • $449,900
      1,844 SF

      West Bend Mixed-Use Commercial Property

      High-visibility mixed-use property with commercial and living space.
      1618 W Washington St, West Bend, WI 53095
      View Details
    • $369,900

      Well-Maintained Duplex Backing Weber Park

      Townhouse-style duplex in West Bend, perfect for owner occupant.
      6888 Enge Dr, West Bend, WI 53090
      View Details
    • $460,000

      West Bend Townhouse Duplex

      7-year-old townhouse duplex with spacious living areas and large backyard.
      6867 Enge Dr, West Bend, WI 53090
      View Details
    • $320,000

      West Bend Duplex Investment Opportunity

      Two-story duplex in West Bend near businesses, restaurants, and parks.
      1023 W Washington St, West Bend, WI 53095
      View Details
    • $2,000,000
      12,129 SF

      Historic Mixed-Use Building in West Bend

      Mixed-use building with apartments and commercial spaces in downtown West Bend.
      139 N 6th Ave, West Bend, WI 53095
      View Details
    • $575,000
      8,150 SF

      West Bend Manufacturing Opportunity

      8,150 SF manufacturing property on a corner lot.
      5296 County Highway P -, West Bend, WI 53095
      View Details
    • $1,000,000
      7,200 SF

      New Commercial Condos in West Bend

      New commercial condos perfect for hobbyists or small businesses.
      3439 County Highway D -, West Bend, WI 53090
      View Details
    • $449,000
      3,858 SF

      West Bend Commercial/Industrial Opportunity

      Established commercial property on a desirable corner lot with high visibility.
      1669 N Main St, West Bend, WI 53090
      View Details
    • $264,900
      1,800 SF

      New Commercial Condos For Sale

      New commercial condos perfect for hobbyists or small businesses.
      3439 County Highway D -, West Bend, WI 53090
      View Details
    • $264,900
      1,800 SF

      New Commercial Condos For Sale

      New commercial condos perfect for hobbyists or small businesses.
      3439 County Highway D -, West Bend, WI 53090
      View Details

    FAQs

    What type of property is this?
    Residential income property - 2-bedroom, 2.5-bath condo with finished basement and open layout.
    Where is this residential income property located?
    The property is located at 1423 Ridgewood Dr West Bend, WI.
    What is the asking price?
    The asking price for this property is $379,900.
    What are key features of this property?
    This property features: Open‑concept design ideal for modern living and entertaining.; Finished lower level with full‑sized windows and natural light.; Two bedrooms and 2.5 bathrooms.
    (262) 780-5500
    We can help!
    Listing Contact
    Griffin A Kopp
    Real Estate License ID: 85707-94
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1423 Ridgewood Dr, West Bend, WI 53095
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!