Open-Plan Retail
3048 Village Park Drive, Plover, WI 54467
For Sale
New
Contact for pricing
An adaptable interior offers room for boutique merchandise display or sales activity.
Property Size1,313 SF
Price / SF$0.01
Days on Market4
Property Features for 3048 Village Park Drive
General Information
Standard status
Size
Net Rentable
Property subtype
Zoning
Additional Details
Highway Access
Building Details
Building Size
Year Built
Listing Agency:
First Weber
(715) 341-6688
Listed By:
Jordan Hornung · License #9112794
(715) 340-1222
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,313-square-foot retail suite at 3048 Village Park Drive features an open interior suited to boutique retail or sales use. The building dates to 2004.
The Plover property has direct interstate access and sits along municipal streetscape improvements. National brands in the area draw more than 20,000 vehicles per day.
The Plover property has direct interstate access and sits along municipal streetscape improvements. National brands in the area draw more than 20,000 vehicles per day.
Key Highlights
- 1,313 SF of open retail space
- Direct access to an interstate
- National brands draw 20,000+ vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,097
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,940
$261.9K
Cap Rate 7%
$187,100
$187.1K
Cap Rate 9%
$145,522
$145.5K
Market Conditions
NOI Build-Up for 1,313 SF
Gross rent
$19.7K $15.00/SF
− Vacancy
−$985 −$0.75/SF
EGI
$18.7K $14.25/SF
− OpEx
−$5.6K −$4.27/SF
NOI
$13.1K $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%
$261,940
Cap Rate 7%
$187,100
Cap Rate 9%
$145,522
Alternative Uses
Best Use
Retail
$187.1K
$163.7K – $218.3K
NOI $13,097 @ 7.0% cap · market cap 163,712.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$255.5K
$223.6K – $298.1K
NOI $17,887 @ 7.0% cap · market cap 223,587.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
158k
Monthly Visits Nearby
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
0.1 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
Frequently Asked Questions
What type of property is this?
Retail space - An adaptable interior offers room for boutique merchandise display or sales activity.
Where is this retail space located?
The property is located at 3048 Village Park Drive Plover, WI.
What are key features of this property?
This property features: 1,313 SF of open retail space; Direct access to an interstate; National brands draw 20,000+ vehicles per day
