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Property profile & analytics
OFF-MARKET Estimated value $600,000
Commercial real estate

654 Armour Rd Oconomowoc, WI 53066-3808

1.7 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-2040439
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.7 ac (74,096 SF)
APN OCOC0589121007
UPID US92-2040439
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
  • Top Coverage North LLC Auto Repair Shop
  • Gordy's Marine Lake Country Service Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k
Owner & transaction history
654 Armour Road LLC · 1 yrs held
654 Armour Road LLC
since 2024
Last sale
$600,900
1 recorded transaction
2024
$600,900
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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