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Retail Suite with Display Area

3038 Village Park Drive, Plover, WI 54467

For Sale
New
Contact for pricing

A changing room component supports the suite’s retail configuration.

Property Size2,674 SF
Price / SF$0.00
Days on Market4

Property Features for 3038 Village Park Drive

General Information

Standard status Active
Size 2,674 SF
Net Rentable 2,674 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Highway Access Yes

Building Details

Building Size 2,674 SF
Year Built 2004
Listing Agency: First Weber
Listed By: Peter Harris · License #3830390
Source: Coactionrealestate
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 2:59PM

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 First Weber

Rey
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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 2,674-square-foot retail suite at 3038 Village Park Drive includes a large display room and changing rooms. The building dates to 2004, and the property is zoned Commercial. The configuration is suited to retail or sales uses, as described in the available property details.

The suite is in Plover, Wisconsin, within a central Wisconsin business district. Direct Interstate access is available, and municipal streetscape improvements have been completed. National brands in the district are associated with traffic of 20,000+ vehicles per day.

Key Highlights

  • 2,674 square feet of rentable retail space
  • Large display room and changing rooms
  • Direct Interstate access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,673
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,460 $533.5K
Cap Rate 7%
$381,043 $381.0K
Cap Rate 9%
$296,367 $296.4K
Market Conditions
NOI Build-Up for 2,674 SF
Gross rent
$40.1K $15.00/SF
− Vacancy
−$2.0K −$0.75/SF
EGI
$38.1K $14.25/SF
− OpEx
−$11.4K −$4.27/SF
NOI
$26.7K $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%
$533,460
Cap Rate 7%
$381,043
Cap Rate 9%
$296,367

Alternative Uses

Best Use
Retail
$381.0K
$333.4K – $444.6K (±1% cap)
NOI $26,673 @ 7.0% cap · market cap 333,412.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$520.4K
$455.3K – $607.1K (±1% cap)
NOI $36,427 @ 7.0% cap · market cap 455,337.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Repair Shop Locksmith Grocery & Convenience Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby
158k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Home Improvements & Furnishings 30% Groceries 21% Shops & Services 8%
Menards Home Improvements & Furnishings
47,028 visits/mo 0.1 miles
Metro Market Groceries
32,564 visits/mo 0.3 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 0.2 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A changing room component supports the suite’s retail configuration.
Where is this retail space located?
The property is located at 3038 Village Park Drive Plover, WI.
What are key features of this property?
This property features: 2,674 square feet of rentable retail space; Large display room and changing rooms; Direct Interstate access
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Includes: Price & PSF · Cap rate · Location · Zoning

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