9809 39Th AvePleasant Prairie, WI 53158

  • Other commercial real estate
  • 5,023 SF
For Sale
$1,650,000 View listing

Property Details for 9809 39Th Ave

Year built
2006
Lot size
2.32 AC
Property size (Sq ft)
5,023 SF
Property type
Other commercial real estate
APN
92-4-122-243-0005
APU
9241222430005

Description

This 9,221 square foot medical office building, constructed in August 2006, is situated on a 2.35-acre lot in Kenosha, Wisconsin, and boasts a prime location in Pleasant Prairie's downtown area. The property features 44 parking spaces, ample room for expansion (approximately 5,000 square feet), and high visibility with monument signage. The building is impeccably maintained, with recent improvements including a resurfaced parking lot and additional parking spots added in 2022. Benefitting from long-term leases and a low commercial inventory in the immediate area, this property offers a strong return on investment. The building's permitted zoning is G2-Commercial, and the tax key is 92-4-122-243-0005. The current annual net operating income (NOI) is $194,673.13, and the asking price is $1,650,000. Annual property taxes are $14,850.70. The property includes a basement, adding to the total square footage. This presents a rare opportunity to acquire a well-maintained, high-performing medical office building in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,038,123
    Hospitality
    $950,915
    Educational
    $791,150
    Medical
    $818,359
    Retail
    $1,230,678
9809 39Th Ave, Pleasant Prairie, Wisconsin

Location Insight

City
Pleasant Prairie
County
Kenosha
State
Wisconsin
Latitude
42.5294
Longitude
-87.853
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-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
$14,747
$232,300
$850,800
$1,083,100
-
$250,693
$918,165
$1,168,858

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