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Property profile & analytics
OFF-MARKET Estimated value $970,000
Commercial real estate

790 Cornerstone Xing Waterford, WI 53185-4582

3.87 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US92-1155773
Property summary
AI-generated overview

This exceptional 4,800-square-foot medical office building, situated on a 3.87-acre lot in the thriving Village of Waterford, Wisconsin, presents a remarkable investment opportunity. Conveniently located off Highway 36, this single-tenant property boasts a fully built-out interior, perfectly suited for immediate occupancy. The building, constructed in 2005, features a spacious one-story design with ample parking—a significant 58 parking spaces—providing convenient access for patients and staff. The interior layout is currently configured as a medical clinic, encompassing a reception area, front desk, six exam rooms, a laboratory, a nursing station, a dedicated electrical/media technology hub, three restrooms, a mix of private and shared offices, and a breakroom complete with locker facilities. A notable advantage is the inclusion of unfinished space, offering significant flexibility for customization and expansion to meet diverse business needs. This adaptable space allows for tailoring the layout to perfectly match specific operational requirements. The property is zoned B-1 and the current tenant will vacate at the end of August, making this a prime opportunity for a quick and seamless transition. This turnkey medical facility offers a rare combination of convenience, functionality, and growth potential in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.87 ac (168,577 SF)
APN 191 041925020014
UPID US92-1155773
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
  • Pops' Pizzeria Restaurant
  • Maryclaire Kiernan, DDS Dental Office
  • ProHealth Medical Group Clinic Waterford Medical Clinic
  • Miso Miloslavic, MD Pediatrician Physician
  • Joseph M Wolfe Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$980k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$970k
Owner & transaction history
Nmf Properties LLC · 3 yrs held
Nmf Properties LLC
since 2023
Last sale
$970,000
4 recorded transactions
2023
$970,000
2013
Price N/A
2012
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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