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Property profile & analytics
OFF-MARKET Estimated value $6,960,000
Manufacturing properties

1190 Corporate Ctr Dr Oconomowoc, WI 53066-4838

4.8 ac lot
Individually Owned 2-yr Hold Free & Clear
Property ID
US92-0963580
Property summary
AI-generated overview

This exceptional 40,835-square-foot office and flex space building, located at 1190 Corporate Center Drive in Oconomowoc, Wisconsin, is available for sale at $3,000,000. Built in 1996 and situated on a 4.8-acre lot, this two-story building boasts attractive landscaping and curb appeal. The property is currently vacant and offers significant potential for expansion, with approximately 20,000 square feet of readily expandable space, ideal for businesses anticipating long-term growth. The building's zoning is BP - Business Park, and it includes convenient amenities such as 81 parking spaces and one loading dock, catering to both office and light industrial/flex users. Its strategic location offers easy access to I-94 via the Hwy 67 interchange, providing excellent accessibility and visibility. The property's APN is OCOC0634999048. The asking price translates to $73.47 per square foot. This owner-user investment opportunity presents a compelling combination of functionality, location, and expansion potential in a thriving Wisconsin market. The property is zoned for Business Park use.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 4.8 ac (208,914 SF)
Zoning code C
APN OCOC0634999048
UPID US92-0963580
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
  • Silgan Technology Center Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.96M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.96M
Owner & transaction history
Silgan Containers Manufacturing Cor · 2 yrs held
Silgan Containers Manufacturing Cor
since 2024
Last sale
$7.0M
1 recorded transaction
2024
$7.0M
Zoning & alternative use
C · Oconomowoc, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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