Back to Search
Prime Location Commercial Property

1305 Wildwood Drive Stevens Point, WI 54482

1305 Wildwood Drive, Stevens Point, WI, 54482
$799,900
For Sale
Claim this Listing
$799,900

0.98 acre lot on a high-traffic corridor.

Property Size1,920 SF
Lot Size0.98 Acres
Price / SF$416.61
AddedOct 21, 2021
Days on Market1730
Last RefreshJul 15 at 4:35 pm

Property Features for 1305 Wildwood Drive

General Information

Standard status
Active
Size
1,920 SF
Lot size
0.98 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1980

Listing office KPR BROKERS, LLC

Listing date Oct 21, 2021

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KPR BROKERS, LLC


Investment Insights

Based on property information with market context.

This property offers a significant opportunity due to its location on the east side of Stevens Point, situated along the primary east-west corridor. The approximately 0.98-acre lot features frontage on Highway 10 and access from Wildwood Drive. The site benefits from high traffic volume, offering exposure for a business. The existing structure, previously used as a veterinary clinic, includes a lower-level residential living area. The entire structure measures approximately 1920 square feet. This property is suitable for business redevelopment.

Key Highlights

  • Prime location on the east side of Stevens Point, situated on the main east‑west corridor (Highway 10).
  • High‑traffic exposure, ideal for business visibility.
  • Approximately 0.98‑acre lot size.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $42.6k $22.20
− Vacancy −$2.8k −$1.44
EGI $39.9k $20.76
− OpEx −$15.9k −$8.30
NOI $23.9k $12.45
1,920 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$341.6K
$298.9K – $398.5K (±1% cap)
NOI $23,912 @ 7.0% cap · market cap 2.99%
Second Best
Office B
$256.1K
$224.1K – $298.8K (±1% cap)
NOI $17,926 @ 7.0% cap · market cap 2.24%
Theoretical Best
Specialty Retail
$373.7K
$327.0K – $435.9K (±1% cap)
NOI $26,156 @ 7.0% cap · market cap 3.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Cafe & Coffee Shop Pharmacy Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - 0.98 acre lot on a high-traffic corridor.
Where is this medical office space located?
The property is located at 1305 Wildwood Drive Stevens Point, WI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Prime location on the east side of Stevens Point, situated on the main east‑west corridor (Highway 10).; High‑traffic exposure, ideal for business visibility.; Approximately 0.98‑acre lot size.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message