Property profile

1030 Oak Ridge Dr Eau Claire, WI 54701

FOR LEASE
Medical Office Space
Property ID
US92-0462754
5,688 SF 1.05 ac lot Built 1972
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This two-story, Class B office building at 1030 Oakridge Drive in Eau Claire offers 10,900 square feet of space, with 935 square feet currently vacant. Built in 1972, the property sits on a generous 45,814 square foot lot and features a single building. The available space is an affordable lower-level suite, ideal for medical-related businesses. Its prime location in the medical district offers easy access to major healthcare facilities, including the Mayo Systems Clairemont Clinic. The building's proximity to the University of Wisconsin Eau Claire and Chippewa Valley Technical College provides a strong talent pool and potential customer base. The multiple tenancy structure allows for flexibility and potential for future growth. This is an excellent opportunity for businesses seeking a well-located, affordable office space in a thriving area. The vacant suite comprises 935 square feet, offering ample room for various office configurations. The building's traditional style provides a classic and established presence in the community. Serious inquiries are encouraged to explore this promising investment opportunity.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Total area 5,688 SF
Lot 1.05 ac (45,814 SF)
Zoning code C2
APN 15-1061-L-000
UPID US92-0462754

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Medical Clinic
  • Alternative Medicine Practice Spa & Massage Center
  • Medical Clinic
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

1030 Oak Ridge Dr Eau Claire, WI 54701
Eau Claire metro Census 1700 EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2023
Last sale
$4,700
7 recorded transactions
2023
$4,700
2022
$800
2022
$300
2022
Price N/A
2022
$1,050
2022
$250
2021
$200

Zoning & alternative use

C2 · Eau Claire, WI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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