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Property profile & analytics
OFF-MARKET
Commercial real estate

117 Oakridge Ct Watertown, WI 53094-4100

0.48 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US92-0988693
Property summary
AI-generated overview

This exceptional executive office building, located at 117 Oakridge Ct in Watertown, Wisconsin, presents a compelling investment opportunity. The property, classified as a Class B building, offers flexible space ranging from 3,414 to 6,828 square feet, currently at 50% occupancy. The building's multi-tenant configuration provides diverse income streams and potential for future growth. The asking price is $650,000, representing a strong value proposition in the Watertown market. The lease type is modified, offering flexibility for both landlord and tenants. The property's address is 117 Oakridge Ct, Watertown, WI 53094, situated in Jefferson County. Its convenient location provides easy access to local amenities and transportation networks. This is an ideal acquisition for investors seeking a stable, income-generating asset with significant upside potential. The property's size and configuration make it suitable for a variety of businesses, from small startups to established corporations. The existing tenant base provides a solid foundation for future leasing efforts, and the flexible lease terms allow for customization to meet the needs of prospective tenants. This is a rare opportunity to acquire a well-located, multi-tenant office building in a thriving Wisconsin community. The property's strong fundamentals and potential for increased occupancy make it a highly attractive investment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.48 ac (20,996 SF)
APN 291-0815-0311-013
UPID US92-0988693
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AVID Risk Solutions Insurance Agency
  • Nationwide Insurance: 608851isk Solutions Inc. Insurance Agency
  • Quality Tax & Accounting Services, LLC Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
117 Oakridge Court LLC · 1 yrs held
117 Oakridge Court LLC
since 2024
Last sale
$300,000
7 recorded transactions
2024
$300,000
2019
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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