Flex Warehouse with Office
3115 Oak Knoll Dr Eau Claire, WI 54701
3115 Oak Knoll Dr, Eau Claire, WI, 54701
$1,250,000
For Sale
$1,250,000
Corner flex building with large glass fronts, vestibule entry, and multiple access doors plus added office and restroom space.
Property Size7,680 SF
Price / SF$162.76
Days on Market112
Property Features for 3115 Oak Knoll Dr
General Information
- Standard status
- Active
- Size
- 7,680 SF
Listing agency
Team Trillium
(715) 552-1818
Listed by
James Fedie · License #8276194
(715) 552-1818
Source
Exprealty
Added: Apr 1 Updated: Jul 20 at 5:45PM Checked: Jul 20 at 5:45PM
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 Team Trillium
Investment Insights
Based on property information with market context.
This flex warehouse property features a main building measuring 60 by 100 with large glass front areas, a vestibule entrance, and 15-foot ceiling height. The layout includes two open offices and a restroom, along with large access doors sized 20 by 14 and 12 by 14.
An attached 1,760-square-foot office component adds additional functionality with two restrooms, three offices, a showroom, and two storage rooms. The building is a well-built block structure with updates that include insulation, siding, lighting, windows, and heating. Large paved parking and substantial acreage support current operations and potential expansion.
The property is described as suitable for office, retail, light industrial, or a combination of uses, and it is noted as being easily subdivided for multiple tenants. Corner exposure is highlighted by the public remarks, located at the intersection of I-94 and Hwy 93.
An attached 1,760-square-foot office component adds additional functionality with two restrooms, three offices, a showroom, and two storage rooms. The building is a well-built block structure with updates that include insulation, siding, lighting, windows, and heating. Large paved parking and substantial acreage support current operations and potential expansion.
The property is described as suitable for office, retail, light industrial, or a combination of uses, and it is noted as being easily subdivided for multiple tenants. Corner exposure is highlighted by the public remarks, located at the intersection of I-94 and Hwy 93.
Key Highlights
- Corner flex building with high traffic exposure on the corner of I‑94 and Hwy 93.
- Main building section measures 60 x 100 with large glass fronts, vestibule entry, and 15 ft ceiling height.
- Two large access doors: 20 x 14 and 12 x 14, plus two open offices and a restroom.
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 | $184.3k | $24.00 |
| − Vacancy | −$41.7k | −$5.42 |
| EGI | $142.7k | $18.58 |
| − OpEx | −$35.7k | −$4.64 |
| NOI | $107.0k | $13.93 |
7,680 SF · lease $24.00/SF/yr · vacancy 22.60% · expense 25.00%
Alternative Uses
Best Use
Industrial
$8.67M
$7.58M – $10.11M
NOI $606,735 @ 7.0% cap · market cap 48.54%
Second Best
Office B
$1.53M
$1.34M – $1.78M
NOI $106,998 @ 7.0% cap · market cap 8.56%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MobilityWorks
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Corner flex building with large glass fronts, vestibule entry, and multiple access doors plus added office and restroom space.
Where is this flex space located?
The property is located at 3115 Oak Knoll Dr Eau Claire, WI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Corner flex building with high traffic exposure on the corner of I‑94 and Hwy 93.; Main building section measures 60 x 100 with large glass fronts, vestibule entry, and 15 ft ceiling height.; Two large access doors: 20 x 14 and 12 x 14, plus two open offices and a restroom.
