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    856 Armour Rd Ste B Oconomowoc, WI 53066-3976

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    856 Armour Rd Ste B Oconomowoc, WI 53066-3976


    • Manufacturing properties
    • 2.27 lot acres
    Off-Market
    Last Sale Sep 17, 2024
    $3,045,000
    Property ID
    US92-3336330
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,045,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lake Area Free Clinic - Medical Clinic / Charitable Organization / Medical Clinic
    • OMCO SUMO / Auto Parts Store
    • Dr. Robert Schwade / Dental Office
    • Carrey Spencer / Dental Office
    • Lake Area Free Clinic - Dental Clinic / Dental Office

    Property Details for 856 Armour Rd Ste B

    Lot size
    2.27 lot acres
    Zone code
    C
    Property type
    Manufacturing properties
    APN
    OCOC0589115
    APU
    OCOC0589115

    Description

    This exceptional 49,757 square foot office and industrial property, located at 856 Armour Rd in Oconomowoc, Wisconsin, is offered at $3,293,000 ($66.18/sq ft). The property boasts a strong net operating income (NOI) of $263,465. Situated on a 2.27-acre lot (APN: OCOC 0589 115), this metal-constructed building features a variety of improvements completed within the last 1-2 years, including a new roof and HVAC units with updated ductwork. Ceiling heights vary, offering 26', 22', and 12' clearances. The property includes one loading dock with two grade-level access points, and potential for a third via ramping. The building is equipped with a 10-ton crane (currently not in use), a 2 & 5-ton crane, two large industrial fans, and 208 3-phase, 800 AMP+ power distribution. Lighting is LED, and heating is provided by a gas-fired unit. A quality control room with air conditioning, a large first-floor break room, and existing clinic and dental spaces (occupied since 2008 and 2017 respectively, with multiple improvements in 2017/18) are key features. While a small area of the offices is sprinklered, the majority of the building is not. The property also benefits from ADT security. This versatile property presents a unique opportunity for a variety of businesses seeking a well-maintained and strategically located facility in Waukesha County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,045,000
      ML approach
      $3,045,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Oconomowoc
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.4835
    Latitude
    43.1051
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,160
    $146,600
    $1,285,300
    $1,431,900
    -
    $0.00
    $0.00
    $1,494,300
    More about this property
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