Medical Office Building with Exam
For Sale
$1,350,000
790 Eastgate Dr, Ripon, WI 54971
Brick-and-stucco medical facility near SSM Hospital with private offices, treatment rooms, and conference areas.
Property Size7,902 SF
Price / SF$170.84
Days on Market47
Property Features for 790 Eastgate Dr
General Information
Standard status
Active
Size
7,902 SF
Building Details
Year Built
2008
Listing Agency:
Adashun Jones Real Estate
Listed By:
Kevin Jones · License #91833299
(920) 251-6748
Source:
Nikolicgroup
Added: Sep 1
Changed: Oct 17
Last Checked: Oct 7 at 3:58PM
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 Adashun Jones Real Estate
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Investment Insights
Based on property information with market context.
Built in 2008, this 7,902-square-foot medical office property combines a brick-and-stucco exterior with a poured concrete foundation and partial basement. The interior includes multiple exam rooms, private offices, four bathrooms, a welcoming lobby, and conference areas, supporting a range of medical office configurations.
The property occupies more than 3 acres of commercially zoned land in Ripon, near SSM Hospital and with high visibility from HWY 23. Its existing layout and medical-oriented improvements support continued healthcare use, while the larger site provides additional commercial land area.
The property occupies more than 3 acres of commercially zoned land in Ripon, near SSM Hospital and with high visibility from HWY 23. Its existing layout and medical-oriented improvements support continued healthcare use, while the larger site provides additional commercial land area.
Key Highlights
- 7,902‑square‑foot medical office building constructed in 2008
- More than 3 acres of commercially zoned land
- High visibility from HWY 23 near SSM Hospital
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,332
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,406,640
$2.4M
Cap Rate 7%
$1,719,029
$1.7M
Cap Rate 9%
$1,337,022
$1.3M
Market Conditions
NOI Build-Up for 7,902 SF
Gross rent
$213.4K $27.00/SF
− Vacancy
−$12.8K −$1.62/SF
EGI
$200.6K $25.38/SF
− OpEx
−$80.2K −$10.15/SF
NOI
$120.3K $15.23/SF
Area
Fond du Lac County, WI
Vacancy
6.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,406,640
Cap Rate 7%
$1,719,029
Cap Rate 9%
$1,337,022
Alternative Uses
Best Use
Healthcare Medical
$1.72M
$1.50M – $2.01M
NOI $120,332 @ 7.0% cap · market cap 8.91%
Second Best
Office B
$1.16M
$1.02M – $1.36M
NOI $81,405 @ 7.0% cap · market cap 6.03%
Theoretical Best
Multifamily LT 5
$7.61M
$6.66M – $8.88M
NOI $533,006 @ 7.0% cap · market cap 39.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54971, WI
10,938
Population
4,918
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
93%
High-School Grad
110.9 sq mi
ZIP Area
99
Density / Sq Mi
$65,914
Median Household Income
$41,534
Median Earnings
$708
Median Rent
$182,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Associated Veterinary Clinic: Herrick Michael DVM — 165 Douglas St, Ripon, WI 54971, United States
- Associated Veterinary Clinic: Knoll Melissa DVM — 165 Douglas St, Ripon, WI 54971
- Associated Veterinary Clinic: Feuerbach J DVM — 165 Douglas St, Ripon, WI 54971
- Associated Veterinary Clinic: Bartlett William DVM — 165 Douglas St, Ripon, WI 54971
- Associated Veterinary Clinic: Biely Clare DVM — 165 Douglas St, Ripon, WI 54971, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - Brick-and-stucco medical facility near SSM Hospital with private offices, treatment rooms, and conference areas.
Where is this medical office space located?
The property is located at 790 Eastgate Dr Ripon, WI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 7,902‑square‑foot medical office building constructed in 2008; More than 3 acres of commercially zoned land; High visibility from HWY 23 near SSM Hospital
