Flexible Multi-Suite
For Sale
$1,175,000
1816 PLOVER Road, Plover, WI 54467
Commercial Sale, PLOVER, WI
Property Size5,040 SF
Lot Size0.96 Acres
Price / SF$233.13
Days on Market15
Property Features for 1816 PLOVER Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Elementary school district
Stevens Point Area
Middle school district
Stevens Point Area
High school district
Stevens Point Area
Directions
Take US-10 W to County Hwy B/County Rd B W in Amherst. Take exit 238 from US-10 W, Follow County Hwy B/County Rd B W to your destination in Plover
Standard status
Active
APN
173230823-11.10
Lot size
0.96 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16477
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2000
Floors in Building
1
Number of units
2
Building materials
Brick
Listing Agency:
Keller Williams Fox Cities · Keller Williams Realty
(920) 903-9031
Listed By:
Christopher J. Mokler
(920) 279-6104
Added: Sep 22
Changed: Oct 5
Last Checked: Oct 6 at 6:06AM
MLS# 50333339
Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 5,040-square-foot brick storefront was built in 2000 and is currently arranged as two units. Its interior configuration can support between one and four separate spaces. Forced-air heating and central air conditioning serve the building, with public water and public sewer. The property occupies a 0.96-acre lot.
In Plover, the site is just off Highway 39 and near Menards, Comfort Inn, Culver’s, and other local businesses. Its current two-unit setup and capacity for as many as four spaces provide different ways to organize the commercial interior.
In Plover, the site is just off Highway 39 and near Menards, Comfort Inn, Culver’s, and other local businesses. Its current two-unit setup and capacity for as many as four spaces provide different ways to organize the commercial interior.
Key Highlights
- 5,040‑square‑foot brick building constructed in 2000
- Currently divided into two units; layout can accommodate one to four spaces
- 0.96‑acre lot in Plover, just off Highway 39
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,274
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,005,480
$1.0M
Cap Rate 7%
$718,200
$718.2K
Cap Rate 9%
$558,600
$558.6K
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$75.6K $15.00/SF
− Vacancy
−$3.8K −$0.75/SF
EGI
$71.8K $14.25/SF
− OpEx
−$21.5K −$4.27/SF
NOI
$50.3K $9.98/SF
Area
Portage County, WI
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,005,480
Cap Rate 7%
$718,200
Cap Rate 9%
$558,600
Alternative Uses
Best Use
Retail
$718.2K
$628.4K – $837.9K
NOI $50,274 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$980.8K
$858.2K – $1.14M
NOI $68,659 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
158k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Home Improvements & Furnishings 30%
Groceries 21%
Shops & Services 8%
Menards
Home Improvements & Furnishings
47,028 visits/mo
0.2 miles
Metro Market
Groceries
32,564 visits/mo
0.2 miles
Culver's
Dining
18,386 visits/mo
0.1 miles
Starbucks
Dining
10,178 visits/mo
0.1 miles
Taco Bell
Dining
8,182 visits/mo
0.1 miles
Demographics for 54467, WI
14,850
Population
6,233
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
93%
High-School Grad
66.4 sq mi
ZIP Area
224
Density / Sq Mi
$82,255
Median Household Income
$46,850
Median Earnings
$1,042
Median Rent
$244,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - A commercial building near Highway 39 offers a configurable layout for one to four separate spaces.
Where is this storefront property located?
The property is located at 1816 PLOVER Road Plover, WI.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 5,040‑square‑foot brick building constructed in 2000; Currently divided into two units; layout can accommodate one to four spaces; 0.96‑acre lot in Plover, just off Highway 39
