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    114 Grove St Eagle, WI 53119

    For Sale
    Contact for pricing

    1,500 SF Vacant Medical Office - NNN Lease

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This meticulously maintained Class B medical office building, located at 114 Grove St in Eagle, Wisconsin (53119), presents a fantastic opportunity for medical professionals or other professional services. The 1,500 square foot space is currently vacant and available for lease under a NNN (Net, Net, Net) agreement. Recently remodeled, the building boasts five private offices and two lab rooms, making it ideal for a variety of medical or professional uses. Upgrades include a newer HVAC system, electrical work, and plumbing, ensuring efficient and comfortable operation. The property sits on a 0.12-acre lot and is zoned B-1, allowing for a range of permitted uses. The asking price is $319.33 per square foot. The property's APN is EGLV1815014. This turnkey space offers immediate occupancy and is ready for its next tenant. Its convenient location in Waukesha County provides easy access to local amenities and a strong patient base. Don't miss this chance to secure a well-maintained, modern medical office building in a desirable location. Inquire today for more details and to schedule a viewing.

    Property Features for 114 Grove St

    General Information

    Property type
    Medical offices
    Square Feet
    1,500 SF
    Class
    B
    Lot Size
    5,227 SF

    HighLights

    • Newly renovated medical office building featuring five private offices and two lab spaces.
    • Equipped with recently updated HVAC, electrical, and plumbing systems.
    • Suitable for a variety of professional services, office, and medical tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luke Bjorklund Medical School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Eagle
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.4742769
    Latitude
    42.8784543

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    FAQs

    What type of property is this?
    Medical office - 1,500 SF Vacant Medical Office - NNN Lease
    Where is this medical office located?
    The property is located at 114 Grove St Eagle, WI.
    What are key features of this property?
    This property features: Newly renovated medical office building featuring five private offices and two lab spaces.; Equipped with recently updated HVAC, electrical, and plumbing systems.; Suitable for a variety of professional services, office, and medical tenants.
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    114 Grove St Eagle, WI 53119
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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
    114 Grove St Eagle, WI 53119
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