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Retail Suite with Mezzanine

3042-3044 Village Park Drive, Plover, WI 54467

For Sale
New
Contact for pricing

Commercial zoning accompanies a flexible retail layout with display space, separate sales areas, and changing rooms.

Property Size3,205 SF
Price / SF$0.00
Days on Market4

Property Features for 3042-3044 Village Park Drive

General Information

Standard status Active
Size 3,205 SF
Net Rentable 3,205 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Highway Access Yes

Amenities

central display area
two unique retail areas
mezzanine
changing rooms

Building Details

Building Size 3,205 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 2:58PM

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

Rey
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Investment Insights

Based on property information with market context.

This 3,205-square-foot retail suite at 3042-3044 Village Park Drive includes a central display area, two distinct retail areas, changing rooms, and a mezzanine. The building was constructed in 2004, and the property is zoned Commercial.

The suite is in Plover, Wisconsin, with direct interstate access. The surrounding business district includes national brands, and the site is reported to draw more than 20,000 vehicles per day. Municipal streetscape improvements have also been completed.

Key Highlights

  • 3,205 SF of rentable retail space
  • Central display area, two retail areas, changing rooms, and mezzanine
  • Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,970
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,400 $639.4K
Cap Rate 7%
$456,714 $456.7K
Cap Rate 9%
$355,222 $355.2K
Market Conditions
NOI Build-Up for 3,205 SF
Gross rent
$48.1K $15.00/SF
− Vacancy
−$2.4K −$0.75/SF
EGI
$45.7K $14.25/SF
− OpEx
−$13.7K −$4.27/SF
NOI
$32.0K $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%
$639,400
Cap Rate 7%
$456,714
Cap Rate 9%
$355,222

Alternative Uses

Best Use
Retail
$456.7K
$399.6K – $532.8K (±1% cap)
NOI $31,970 @ 7.0% cap · market cap 399,625.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$623.7K
$545.8K – $727.7K (±1% cap)
NOI $43,661 @ 7.0% cap · market cap 545,762.50%
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 - Commercial zoning accompanies a flexible retail layout with display space, separate sales areas, and changing rooms.
Where is this retail space located?
The property is located at 3042-3044 Village Park Drive Plover, WI.
What are key features of this property?
This property features: 3,205 SF of rentable retail space; Central display area, two retail areas, changing rooms, and mezzanine; Commercial zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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