464 Hickory StFond du Lac, WI 54935

Property Details for 464 Hickory St

Year built

2003

Construction

FRAME

Lot size

0.68 AC

Property size (Sq ft)

2,309 SF

Zone code

B-4

Property type

Medical offices

Property subtype

Medical centers

APN

FDL-15-17-16-41-041-00

APU

FDL1517164104100

Description

This exceptional multi-tenant medical office building, located at 464-476 S Hickory St, Fond du Lac, WI 54935, presents a compelling investment opportunity. The 6,565 square foot building, constructed in 2003, sits on a 0.68-acre lot and is zoned B-4. The property boasts existing leases, ensuring a steady income stream from the outset. Its strategic location offers strong traffic counts and convenient access to both the city and Interstate 41, maximizing visibility and accessibility for tenants and patients. Ample parking is available for tenants and guests, enhancing the overall convenience and appeal of the property. Each suite within the building features large private offices, providing tenants with comfortable and functional workspaces. The property's APN is FDL-15-17-16-41-041-00. This well-maintained building represents a solid investment in a thriving medical market, offering a blend of established tenancy and significant growth potential. The asking price for this turnkey investment is $750,000. This is a rare opportunity to acquire a profitable medical office building in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $472,506

  6.5%

  $436,160

  7%

  $405,005

• Comparable approach

  Method

  Valuation

  Relative Method

  $234,417

  Geo Method

  $300,747

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $886,126

  Retail / Commercial

  $449,032

  Mixed-Use / Specialty

  $443,200

  Hospitality / Lodging

  $319,653

  Institutional / Educational

  $459,237

  Residential Income

  $537,307

  Multifamily

  $667,874

  Automotive / Energy

  $393,632

  Parking / Income-Based Land

  $140,018

  Restaurant / Food Service

  $221,481

  Healthcare / Senior Housing

  $458,832

Location Insight

City

Fond Du Lac

County

Fond Du Lac

State

Wisconsin

Latitude

43.766

Longitude

-88.4624

CBSA code

22540

CBSA name

FOND DU LAC, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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