Retail
2985 VOYAGER DR, Green Bay, WI 54311
For Sale
Contact for pricing
Retail property with BRR zoning and a 2001 construction date.
Property Size3,456 SF
Price / SF$217.01
Days on Market106
Property Features for 2985 VOYAGER DR
General Information
Standard status
Size
Class
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Units
Listing Agency:
Bay Lakes Commercial Real Estate LLC
Listed By:
Pete Roland · License #WI 50930
(920) 621-3294
Source:
Crexi
Added: Jul 27
Changed: Nov 2
Last Checked: Nov 8 at 6:58AM
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 Bay Lakes Commercial Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property contains 3,456 square feet and was built in 2001. The asset is classified as retail space and carries BRR zoning.
The property is located at 2985 Voyager Dr in Green Bay, Wisconsin. Its retail classification and documented building size provide a straightforward foundation for evaluating the space for commercial use.
The property is located at 2985 Voyager Dr in Green Bay, Wisconsin. Its retail classification and documented building size provide a straightforward foundation for evaluating the space for commercial use.
Key Highlights
- 3,456 SF retail property
- BRR zoning
- Built in 2001
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,808
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,160
$816.2K
Cap Rate 7%
$582,971
$583.0K
Cap Rate 9%
$453,422
$453.4K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$66.4K $19.20/SF
− Vacancy
−$11.9K −$3.46/SF
EGI
$54.4K $15.74/SF
− OpEx
−$13.6K −$3.94/SF
NOI
$40.8K $11.81/SF
Area
Green Bay, WI
Vacancy
18.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,160
Cap Rate 7%
$582,971
Cap Rate 9%
$453,422
Alternative Uses
Best Use
Office B
$583.0K
$510.1K – $680.1K
NOI $40,808 @ 7.0% cap · market cap 5.44%
Second Best
Retail
$545.8K
$477.6K – $636.7K
NOI $38,204 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$805.7K
$705.0K – $940.0K
NOI $56,402 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Explore this area
Business Placement
Demographics for 54311, WI
37,532
Population
15,047
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
68.2 sq mi
ZIP Area
550
Density / Sq Mi
$83,178
Median Household Income
$43,191
Median Earnings
$1,063
Median Rent
$272,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Green Bay, WI
Properties on Market for Retail space in Green Bay
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property with BRR zoning and a 2001 construction date.
Where is this retail space located?
The property is located at 2985 VOYAGER DR Green Bay, WI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,456 SF retail property; BRR zoning; Built in 2001
