Medical Office Suite with Exam
7201 Green Bay Road #SE Suite, Kenosha, WI 53142
For Sale
New
Contact for pricing
Patient-ready layout includes reception, a waiting area, four exam rooms and two in-suite bathrooms.
Property Size1,338 SF
Price / SF$0.02
Days on Market4
Property Features for 7201 Green Bay Road #SE Suite
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Berkshire Hathaway Home Services Epic Real Estate
(262) 605-1500
Listed By:
Karmen Johnson · License WI 57046-90
(262) 620-9740
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 13 at 4:26PM
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 Berkshire Hathaway Home Services Epic Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,338-square-foot medical office suite is configured with a waiting area, reception, four exam rooms, an office, storage and two bathrooms within the suite. Shared building space includes an entry, hallway and separate men’s and women’s bathrooms. Gas and electricity are separately metered, and the property was built in 1993. Zoning is IP.
On Green Bay Road in Kenosha, the building is just north of Hwy. 50 and across the road from Kohl’s, Fresh Thyme and Hobby Lobby. Green Bay Road carries 31,000 cars per day. An additional 1,800-square-foot suite, identified as Suite C, is also available.
On Green Bay Road in Kenosha, the building is just north of Hwy. 50 and across the road from Kohl’s, Fresh Thyme and Hobby Lobby. Green Bay Road carries 31,000 cars per day. An additional 1,800-square-foot suite, identified as Suite C, is also available.
Key Highlights
- 1,338‑square‑foot medical office suite
- Four exam rooms, reception, waiting area, office and storage
- Two bathrooms inside the suite; shared entry, hallway and men’s and women’s bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,164
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,280
$323.3K
Cap Rate 7%
$230,914
$230.9K
Cap Rate 9%
$179,600
$179.6K
Market Conditions
NOI Build-Up for 1,338 SF
Gross rent
$33.7K $25.20/SF
− Vacancy
−$6.8K −$5.07/SF
EGI
$26.9K $20.13/SF
− OpEx
−$10.8K −$8.05/SF
NOI
$16.2K $12.08/SF
Area
Kenosha County, WI
Vacancy
20.10%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,280
Cap Rate 7%
$230,914
Cap Rate 9%
$179,600
Alternative Uses
Best Use
Office B
$240.5K
$210.5K – $280.6K
NOI $16,838 @ 7.0% cap
Second Best
Healthcare Medical
$230.9K
$202.1K – $269.4K
NOI $16,164 @ 7.0% cap
Theoretical Best
Office A
$293.2K
$256.6K – $342.1K
NOI $20,526 @ 7.0% cap
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53142, WI
33,146
Population
13,787
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,601
Density / Sq Mi
$86,891
Median Household Income
$49,161
Median Earnings
$1,319
Median Rent
$254,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Petco Vaccination Clinic — 6910 Green Bay Rd, Kenosha, WI 53142
Frequently Asked Questions
What type of property is this?
Medical Office Space - Patient-ready layout includes reception, a waiting area, four exam rooms and two in-suite bathrooms.
Where is this medical office space located?
The property is located at 7201 Green Bay Road #SE Suite Kenosha, WI.
What are key features of this property?
This property features: 1,338‑square‑foot medical office suite; Four exam rooms, reception, waiting area, office and storage; Two bathrooms inside the suite; shared entry, hallway and men’s and women’s bathrooms
