Versatile Commercial Property Near
For Sale
$340,000
645 Hawthorne Dr, Omro, WI 54963
3,100 sq ft commercial property suitable for various businesses.
Property Size3,126 SF
Price / SF$108.77
Days on Market208
Property Features for 645 Hawthorne Dr
General Information
Standard status
Active
Size
3,126 SF
Building Details
Year Built
1980
Listing Agency:
Beiser Realty, LLC
Listed By:
Andy Beiser · License #9052461
(920) 582-4011
Source:
Moving2greenbay
Added: Mar 27
Changed: Oct 2
Last Checked: Oct 7 at 3:41PM
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 Beiser Realty, LLC
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Investment Insights
Based on property information with market context.
This 3,100 sq. ft. commercial property, previously used as a vet clinic, is located off HWY 116 and HWY 21. The property includes garage access underneath and crawl space storage. It features a full bathroom in the basement and a public bathroom on the main level. Ample employee and guest parking is available. The versatile layout is suitable for customization, making it potentially ideal for retail, office, medical, or service-based enterprises.
Key Highlights
- 3,100 sq. ft. commercial space with a versatile layout, ideal for retail, office, medical, or service businesses.
- Located just off HWY 116 and HWY 21, offering high visibility and accessibility.
- Ample employee and guest parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,033
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,660
$600.7K
Cap Rate 7%
$429,043
$429.0K
Cap Rate 9%
$333,700
$333.7K
Market Conditions
NOI Build-Up for 3,126 SF
Gross rent
$46.9K $15.00/SF
− Vacancy
−$4.0K −$1.28/SF
EGI
$42.9K $13.73/SF
− OpEx
−$12.9K −$4.12/SF
NOI
$30.0K $9.61/SF
Area
Winnebago County, WI
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,660
Cap Rate 7%
$429,043
Cap Rate 9%
$333,700
Alternative Uses
Best Use
Healthcare Medical
$538.4K
$471.1K – $628.1K
NOI $37,687 @ 7.0% cap · market cap 11.08%
Second Best
Office B
$506.4K
$443.1K – $590.8K
NOI $35,449 @ 7.0% cap · market cap 10.43%
Theoretical Best
Office A
$674.7K
$590.4K – $787.2K
NOI $47,229 @ 7.0% cap · market cap 13.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Explore this area
Business Placement
Demographics for 54963, WI
7,454
Population
3,195
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
95%
High-School Grad
76.1 sq mi
ZIP Area
98
Density / Sq Mi
$76,987
Median Household Income
$43,523
Median Earnings
$926
Median Rent
$218,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - 3,100 sq ft commercial property suitable for various businesses.
Where is this mixed-use property located?
The property is located at 645 Hawthorne Dr Omro, WI.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 3,100 sq. ft. commercial space with a versatile layout, ideal for retail, office, medical, or service businesses.; Located just off HWY 116 and HWY 21, offering high visibility and accessibility.; Ample employee and guest parking.
