Highly Visible Office
1431 O Keefe Dr Kronenwetter, WI 54455
For Sale
$299,900
Well-maintained office building with multiple office rooms, conference space, and paved parking with monument signage access from Highway 51.
Property Size2,280 SF
Price / SF$131.54
Days on Market31
Property Features for 1431 O Keefe Dr
General Information
- Standard status
- Active
- Size
- 2,280 SF
Listing Agency:
FIRST WEBER
(715) 270-0830
Listed By:
BRADLEY WOLDT · License #56821-90
(715) 270-0830
Source:
Exprealty
Added: Jun 23
Changed: Jul 23
Last Checked: Jul 23 at 8:47AM
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 FIRST WEBER
Investment Insights
Based on property information with market context.
This well-maintained commercial office building offers a flexible interior layout designed for multiple business needs. Inside, the property features an inviting entry area with high ceilings, an open workspace with four cubicles, three to four executive-sized offices, a conference room, and additional space for storage and copiers.
The building is positioned for visibility along Highway 51 N/S in a commercial area. A paved parking lot provides ample parking and potential display area, and a large/tall monument sign is visible from Highway 51.
Outfitted to support everyday office operations, the configuration includes both collaborative and private work areas, along with practical back-office space for storage and equipment.
The building is positioned for visibility along Highway 51 N/S in a commercial area. A paved parking lot provides ample parking and potential display area, and a large/tall monument sign is visible from Highway 51.
Outfitted to support everyday office operations, the configuration includes both collaborative and private work areas, along with practical back-office space for storage and equipment.
Key Highlights
- 2,280 SF well‑maintained commercial office building on Highway 51 N/S
- Flexible interior layout with entry area, open space, 4 cubicles, 3–4 executive‑sized offices, and a conference room
- Includes storage area and space for copiers
Financial Insights For Office B
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 | $38.9k | $17.04 |
| − Vacancy | −$8.5k | −$3.75 |
| EGI | $30.3k | $13.29 |
| − OpEx | −$7.6k | −$3.32 |
| NOI | $22.7k | $9.97 |
2,280 SF · lease $17.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$324.7K
$284.1K – $378.8K
NOI $22,728 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$421.2K
$368.6K – $491.5K
NOI $29,487 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Well-maintained office building with multiple office rooms, conference space, and paved parking with monument signage access from Highway 51.
Where is this office building located?
The property is located at 1431 O Keefe Dr Kronenwetter, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,280 SF well‑maintained commercial office building on Highway 51 N/S; Flexible interior layout with entry area, open space, 4 cubicles, 3–4 executive‑sized offices, and a conference room; Includes storage area and space for copiers
