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    N2934 Wi-22 Wautoma, WI 54982

    For Sale
    $1,250,000

    11,600 SF Medical Office, 10 Acres, 100% Occupied

    Property size:
    11,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Exceptional investment opportunity: a fully occupied 11,600-square-foot medical office building situated on a ten-acre lot in Wautoma, Wisconsin. This property, located at N2934 State Road 22, boasts a prime location on the edge of town, offering convenient access and visibility. The building's design is specifically tailored for medical use, featuring ample space for a clinic, including a pharmacy, examination rooms, multiple waiting areas, private offices, and a dedicated clerical/check-in area. The lower level offers convenient driveway access. The expansive lot provides significant room for future expansion. Enjoy picturesque views of natural surroundings from the building's windows. Currently operating at 100% occupancy, this property generates a substantial gross rental income of $161,865. Real estate taxes are $16,211 annually. The asking price is $1,250,000. Assumable lease terms are available to qualified buyers. This presents a compelling investment opportunity for serious buyers seeking a stable, high-return medical office property in a desirable Wisconsin location. The property's zip code is 54982, and it is located in Waushara County.

    Property Features for N2934 Wi-22

    General Information

    Property type
    Medical offices
    Square Feet
    11,600 SF
    Lot Size
    435,600 SF

    HighLights

    • $1,250,000 asking price.
    • $161,865 annual gross rental income.
    • 11,600 square feet.
    • $16,211 annual real estate taxes.
    • 10‑acre lot.
    • 100% occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Wautoma
    County
    Waushara
    State
    Wisconsin
    Longitude
    -89.2937353
    Latitude
    44.0598871

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    FAQs

    What type of property is this?
    Medical office - 11,600 SF Medical Office, 10 Acres, 100% Occupied
    Where is this medical office located?
    The property is located at N2934 Wi-22 Wautoma, WI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price.; $161,865 annual gross rental income.; 11,600 square feet.
    Request Owner's contact information
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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

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    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
    N2934 Wi-22 Wautoma, WI 54982
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