2810 Pioneer AveRice Lake, WI 54868

Property Details for 2810 Pioneer Ave

Lot size

0.70 AC

Property type

Commercial real estate

APN

276-8001-33-008

APU

276800133008

Description

This exceptional new Class A medical office building, slated for completion in 2024, offers 5,280 square feet of space in Rice Lake, Wisconsin. Located at 2810 Pioneer Ave, this single-story building features three suites, with one vacant suite ranging from 1,381 to 3,897 contiguous square feet available. The property boasts 30 parking spaces, 200-amp power, and is situated on a 0.71-acre lot in a high-traffic area, near Highway O, with excellent visibility. Neighboring businesses include Associated Bank, Hobby Lobby, and Furnish 123. The building offers individual entrances and restrooms for each suite, along with a tenant allowance for interior remodeling and prominent signage opportunities. Taxes are $4.93 per square foot. This prime location in Rice Lake serves a large regional population, making it an ideal space for medical professionals seeking a modern, well-appointed office in a thriving retail hub. The building's design and finishes are of the highest quality, reflecting a commitment to providing a superior workspace. Zoned commercial, with APN 276-8001-33-008, this property provides convenient access to Highways O and 53, ensuring easy accessibility for patients and staff. The building's strategic location and modern amenities make it a highly desirable opportunity for medical practices seeking to establish or expand their presence in a key regional market.

• CAP approach

  CAP return

  Valuation

  6%

  $6,362,760

  6.5%

  $5,873,320

  7%

  $5,453,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,558,560

  Geo Method

  $1,558,560

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $11,598,400

  Retail / Commercial

  $5,940,710

  Mixed-Use / Specialty

  $5,914,110

  Hospitality / Lodging

  $4,331,930

  Office

  $5,873,320

  Institutional / Educational

  $6,146,350

  Residential Income

  $7,191,230

  Multifamily

  $8,654,850

  Automotive / Energy

  $5,268,300

  Parking / Income-Based Land

  $1,823,390

  Restaurant / Food Service

  $3,064,390

  Healthcare / Senior Housing

  $6,070,370

Location Insight

City

Rice Lake

County

Barron

State

Wisconsin

Latitude

45.4743

Longitude

-91.7407

Property Tax & Assessments

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