654 Armour Rd Oconomowoc, WI 53066-3808
This exceptional industrial flex building, situated in the heart of Oconomowoc, Waukesha County, offers a unique opportunity for businesses seeking versatile space. The property, built in 1980 and renovated in 2000, encompasses a total of 16,227 square feet across three suites, situated on a generous 1.69-acre lot. Individual suites range from a minimum of 3,003 square feet to a maximum contiguous space of 7,184 square feet, providing flexibility for various business needs. The building features attractive 18-foot ceilings and two dock-high doors, enhancing operational efficiency. The property is zoned for industrial use and allows for a variety of applications, including manufacturing, service industries, contracting, and other compatible businesses. The space is climate-controlled, offering a comfortable and productive work environment. This prime location provides excellent access to transportation networks and local amenities, making it an ideal choice for businesses seeking a strategic and functional space. The property's combination of size, flexibility, and location makes it a highly desirable asset in the thriving Oconomowoc market. The building's solid construction and recent renovations ensure a long-term, reliable investment. This is a rare opportunity to secure a well-maintained, versatile industrial space in a highly sought-after location.
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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.