117 Oakridge Ct Watertown, WI 53094-4100
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.
-
AVID Risk Solutions Insurance Agency
-
Nationwide Insurance: 608851isk Solutions Inc. Insurance Agency
-
Quality Tax & Accounting Services, LLC Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.