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Executive Office Suite

3040 Village Park Drive, Plover, WI 54467

For Sale
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Contact for pricing

Reception, two offices, a workstation, and updated carpet support a professional office setup.

Property Size1,311 SF
Price / SF$0.01
Days on Market4

Property Features for 3040 Village Park Drive

General Information

Standard status Active
Size 1,311 SF
Net Rentable 1,311 SF
Property subtype Commercial
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Property Use Office

Building Details

Building Size 1,311 SF
Year Built 2004
Listing Agency: First Weber
Listed By: Jordan Hornung · License #9112794
Source: Coactionrealestate
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 2:58PM

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

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Investment Insights

Based on property information with market context.

Located at 3040 Village Park Drive in Plover, this 1,311-square-foot office suite has an executive layout with reception, an executive office, a second office, and a workstation. Updated carpet is also in place.

The property offers direct Interstate access. Municipal streetscape improvements have been completed, and national brands at the site draw more than 20,000 vehicles per day.

Key Highlights

  • 1,311 SF rentable suite
  • Executive office layout with reception, a second office, and a workstation
  • Updated carpet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,240
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,800 $244.8K
Cap Rate 7%
$174,857 $174.9K
Cap Rate 9%
$136,000 $136.0K
Market Conditions
NOI Build-Up for 1,311 SF
Gross rent
$20.9K $15.96/SF
− Vacancy
−$4.6K −$3.51/SF
EGI
$16.3K $12.45/SF
− OpEx
−$4.1K −$3.11/SF
NOI
$12.2K $9.34/SF
Area
Portage County, WI
Vacancy
22.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,800
Cap Rate 7%
$174,857
Cap Rate 9%
$136,000

Alternative Uses

Best Use
Office B
$174.9K
$153.0K – $204.0K (±1% cap)
NOI $12,240 @ 7.0% cap · market cap 122,400.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$255.1K
$223.2K – $297.7K (±1% cap)
NOI $17,859 @ 7.0% cap · market cap 178,590.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Edward Jones - Financial ... Financial Advisor

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Reception, two offices, a workstation, and updated carpet support a professional office setup.
Where is this office unit located?
The property is located at 3040 Village Park Drive Plover, WI.
What are key features of this property?
This property features: 1,311 SF rentable suite; Executive office layout with reception, a second office, and a workstation; Updated carpet
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Includes: Price & PSF · Cap rate · Location · Zoning

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