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    500 Cherry Ave Oconto Falls, WI 54154

    Sponsored
    For Lease
    $10 SF/Yr ($7,885 /Mo)

    8,919 SF Single-Tenant Office Building

    Lot size:
    8,919 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,919-square-foot office building in Oconto Falls, Wisconsin, presents a unique investment opportunity. Located at 500 Cherry Ave, near the intersection of Highland Drive, this single-tenant property boasts a Class B designation and offers ample parking. The building comprises one story and features a total of 8,919 square feet of vacant, readily available space, making it ideal for a variety of uses. The property's zoning is commercial, allowing for flexibility in tenant selection. The building is well-situated within a thriving mixed-use area, surrounded by numerous businesses including Carquest Auto Parts, Hometown Veterinary, McDermid Truck Sales, and Napa Auto Parts, ensuring high visibility and convenient access for employees and clients. The property taxes are $1.32 per square foot. The versatile space is suitable for traditional office, executive office, creative office, or medical office uses. This is a rare opportunity to acquire a substantial, well-located office building in a growing community. The property's size, location, and ample parking make it an attractive option for businesses seeking a prominent presence in Oconto Falls. Contact us today to learn more about this exceptional property.

    Property Features for 500 Cherry Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,919 SF
    Class
    B
    Total Rate
    7885.88

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    8,919 SF
    Rate per SF
    $10

    HighLights

    • Excellent condition building.
    • High visibility location with 4,300 vehicles per day (VPD) on Highland Drive.
    • Convenient access to I‑41 and Green Bay.
    • Pylon signage opportunity available.
    • Fully handicap accessible.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oconto Falls
    County
    Oconto
    State
    Wisconsin
    Longitude
    -88.142569595301
    Latitude
    44.881467572115

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    FAQs

    What type of property is this?
    Medical office - 8,919 SF Single-Tenant Office Building
    Where is this medical office located?
    The property is located at 500 Cherry Ave Oconto Falls, WI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Excellent condition building.; High visibility location with 4,300 vehicles per day (VPD) on Highland Drive.; Convenient access to I-41 and Green Bay.
    Request Owner's contact information
    500 Cherry Ave Oconto Falls, WI 54154
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    Oconto Falls, WI 54154
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Cherry Ave Oconto Falls, WI 54154
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