Former Medical Office on Good
7810 W Good Hope Rd Milwaukee, WI
7810 W Good Hope Rd, Milwaukee, WI, 00000
Contact for pricing
For Sale
Contact for pricing
Redevelopment or owner-user opportunity in Milwaukee.
Property Size5,280 SF
Lot Size1.39 Acres
Price / SF$283.90
Days on Market236
Property Features for 7810 W Good Hope Rd
General Information
- Standard status
- Active
- Size
- 5,280 SF
- Lot size
- 1.39 Acres
- Property subtype
- OFFICE
Listing Agency
Ogden & Company, Inc., AMO
(262) 312-4865
Listed by
Luke Fehrenbach
(262) 312-4865
Source
Moodyscre
Added: Nov 24, 2025 Checked: Jul 17 at 6:03 am
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 Ogden & Company, Inc., AMO
Investment Insights
Based on property information with market context.
This property, formerly a medical office, is available for sale along West Good Hope Road in Milwaukee. The interior space has been recently renovated with new paint and flooring. Skylights provide natural lighting, complemented by track and chandelier lights. The layout features a racetrack style, including five individual offices, eight exam rooms, a lab room, a break room, and a storage room. The property benefits from high traffic along West Good Hope Avenue, with an AADT of 23,300. Ample on-site parking is available on the 1.4-acre site. Monument signage is available along Good Hope Road. The building size is 5,280 square feet, offering an opportunity for land redevelopment or owner-user.
Key Highlights
- Recently renovated interior with new paint and flooring
- High traffic location on West Good Hope Rd (23,300 AADT)
- Ample on‑site parking on a 1.4‑acre site
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 | $110.9k | $21.00 |
| − Vacancy | −$9.4k | −$1.79 |
| EGI | $101.5k | $19.22 |
| − OpEx | −$40.6k | −$7.69 |
| NOI | $60.9k | $11.53 |
5,280 SF · lease $21.00/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$869.6K
$760.9K – $1.01M
NOI $60,873 @ 7.0% cap · market cap 4.06%
Second Best
Office B
$862.5K
$754.7K – $1.01M
NOI $60,374 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,818 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kwesi Grant-Acquah
Physician
Okusanya Adedapo F ...
Pediatrician
Omni Family Medical ...
Medical Clinic
Lab Corporation Dynacare ...
Medical Laboratory
Faison Barbara-Ann MD
Physician
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FAQs
What type of property is this?
Medical Office Space - Redevelopment or owner-user opportunity in Milwaukee.
Where is this medical office space located?
The property is located at 7810 W Good Hope Rd Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Recently renovated interior with new paint and flooring; High traffic location on West Good Hope Rd (23,300 AADT); Ample on‑site parking on a 1.4‑acre site
