Flex Office and Industrial
3114 Medalist Drive Oshkosh, WI 54902
3114 Medalist Drive, Oshkosh, WI, 54902
$3,000,000
For Sale
$3,000,000
Versatile building with reception, multiple office configurations, work/lab areas, and a dedicated shipping and receiving area.
Property Size20,000 SF
Price / SF$150
Days on Market24
Property Features for 3114 Medalist Drive
General Information
- Standard status
- Active
- Size
- 20,000 SF
Listing agency
Keller Williams Fox Cities
(920) 379-1104
Listed by
Chris Schultz · License #94-42129
(920) 379-1104
Source
Exprealty
Added: Jun 29 Updated: Jul 22 at 6:07AM Checked: Jul 22 at 6:07AM
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 Keller Williams Fox Cities
Investment Insights
Based on property information with market context.
This commercial building offers a flexible layout designed for office or industrial use, with more than 20,000 square feet divided into six functional sections. Entry opens to a reception area that connects to office space and cubicle work areas. The left side includes an executive-style arrangement with four large offices, a break room, a separate shower room, and men’s and women’s bathrooms. The right side features 16 office spaces, two large conference rooms that can be combined with a removable wall, men’s and women’s bathrooms, a large break room, a cubicle workspace, four large work/lab areas, and a dedicated shipping and receiving area.
Located near the airport, highway access, and other industrial businesses, the property provides an on-site option for both administrative and operational space.
With its combination of private offices, conference space, work/lab areas, and shipping functions, the building supports a mixed office/industrial configuration within a single facility.
Located near the airport, highway access, and other industrial businesses, the property provides an on-site option for both administrative and operational space.
With its combination of private offices, conference space, work/lab areas, and shipping functions, the building supports a mixed office/industrial configuration within a single facility.
Key Highlights
- Commercial building with over 20,000 SF divided into 6 functional sections
- Reception area leading to office space and cubicle area
- Executive‑style left‑side layout with 4 large offices, break room, separate shower room, and men’s/women’s bathrooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $360.0k | $18.00 |
| − Vacancy | −$57.6k | −$2.88 |
| EGI | $302.4k | $15.12 |
| − OpEx | −$75.6k | −$3.78 |
| NOI | $226.8k | $11.34 |
20,000 SF · lease $18.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.24M
$2.84M – $3.78M
NOI $226,800 @ 7.0% cap · market cap 7.56%
Second Best
Flex RnD
$2.53M
$2.21M – $2.95M
NOI $176,807 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$4.32M
$3.78M – $5.04M
NOI $302,170 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fox Valley Metrology
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Versatile building with reception, multiple office configurations, work/lab areas, and a dedicated shipping and receiving area.
Where is this office building located?
The property is located at 3114 Medalist Drive Oshkosh, WI.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Commercial building with over 20,000 SF divided into 6 functional sections; Reception area leading to office space and cubicle area; Executive‑style left‑side layout with 4 large offices, break room, separate shower room, and men’s/women’s bathrooms
