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Office Suite with Reception Area

3062 Village Park Drive, Plover, WI 54467

For Sale
New
Contact for pricing

The suite pairs a welcoming entry area with a substantial open workstation space.

Property Size711 SF
Price / SF$0.01
Days on Market4

Property Features for 3062 Village Park Drive

General Information

Standard status Active
Size 711 SF
Net Rentable 711 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Highway Access Yes
Property Use Office

Building Details

Building Size 711 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

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 711 SF office suite in a 2004-built property has a reception area and a large workstation area. Commercial zoning is in place.

Located in Plover, the property offers direct Interstate access. The surrounding business district includes national brands and sees 20,000+ vehicles per day; municipal streetscape improvements have also been completed.

Key Highlights

  • 711 SF office suite with reception and a large workstation area
  • Built in 2004
  • Direct access to the Interstate

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,638
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,760 $132.8K
Cap Rate 7%
$94,829 $94.8K
Cap Rate 9%
$73,756 $73.8K
Market Conditions
NOI Build-Up for 711 SF
Gross rent
$11.3K $15.96/SF
− Vacancy
−$2.5K −$3.51/SF
EGI
$8.9K $12.45/SF
− OpEx
−$2.2K −$3.11/SF
NOI
$6.6K $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%
$132,760
Cap Rate 7%
$94,829
Cap Rate 9%
$73,756

Alternative Uses

Best Use
Office B
$94.8K
$83.0K – $110.6K (±1% cap)
NOI $6,638 @ 7.0% cap · market cap 66,380.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$138.4K
$121.1K – $161.4K (±1% cap)
NOI $9,686 @ 7.0% cap · market cap 96,860.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Lokre Development Company Loan Service

Suggested Use

Top Pick Real Estate Agency HVAC Service Locksmith (Bike/Boat/Book/etc) Store 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

217
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

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 - The suite pairs a welcoming entry area with a substantial open workstation space.
Where is this office unit located?
The property is located at 3062 Village Park Drive Plover, WI.
What are key features of this property?
This property features: 711 SF office suite with reception and a large workstation area; Built in 2004; Direct access to the Interstate
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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