955 Lexington Dr Oconomowoc, WI 53066-4464
This exceptional 5,500 square foot former bank branch presents a rare opportunity in the highly desirable Oconomowoc, Wisconsin market. Located at 955 Lexington Dr, this property boasts a prime location within a busy suburban retail corridor, offering excellent visibility and accessibility. The building sits on a 0.981-acre lot and includes 28 parking spaces, ensuring ample convenience for customers and employees. The property is zoned GC - General Commercial, allowing for a variety of potential uses. Its previous use as a bank suggests a strong foundation for a variety of businesses, particularly those requiring secure and well-maintained spaces. The property's proximity to numerous other retailers further enhances its appeal and potential for success. Given the limited availability of comparable properties for sale in Oconomowoc, this presents a unique chance to acquire a well-situated commercial space. The ample parking and convenient location make it an ideal fit for a destination user, such as a medical facility or other specialized business. The APN is OCOC0587999. This is a turn-key opportunity for a discerning investor seeking a high-value asset in a thriving Wisconsin community. The asking price is $875,000.
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
B · Oconomowoc, WIOconomowoc. Always verify with local authorities before improvements.
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.