Medical Office with Private
For Sale
Contact for pricing
3193 Voyager Dr, Green Bay, WI 54311
Includes reception, waiting, conference, breakroom, storage, and flexible workstation areas for professional operations.
Property Size10,200 SF
Price / SF$205.88
Days on Market251
Property Features for 3193 Voyager Dr
General Information
Standard status
Active
Size
10,200 SF
Class
A
Property subtype
Office
Building Details
Year Built
2008
Buildings
1
Listing Agency:
RE Commercial LLC
Listed By:
Todd DeVillers · License #WI 49056-90
(920) 997-3334
Source:
Crexi
Added: Feb 5
Changed: Oct 6
Last Checked: Oct 12 at 5:47PM
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 RE Commercial LLC
Investment Insights
Based on property information with market context.
This 10,200-square-foot medical office property was built in 2008 and is arranged for a range of professional healthcare or office functions. The interior includes multiple enclosed offices, a substantial reception area, dedicated waiting space, a cubicle zone, conference room, breakroom, and storage areas. Furnishings are included, providing an established setup for continued office use.
The property is part of the I-43 Business Center in Green Bay and belongs to a three-building condominium grouping with a shared circular drive. Its location provides access to I-43, while shared parking serves the condominium buildings. The property address is 3193 Voyager Dr, Unit #3, Green Bay, WI 54311.
The property is part of the I-43 Business Center in Green Bay and belongs to a three-building condominium grouping with a shared circular drive. Its location provides access to I-43, while shared parking serves the condominium buildings. The property address is 3193 Voyager Dr, Unit #3, Green Bay, WI 54311.
Key Highlights
- 10,200‑square‑foot medical office property built in 2008
- Multiple private offices plus reception and waiting areas
- Conference room, breakroom, storage, and cubicle area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,600
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,472,000
$2.5M
Cap Rate 7%
$1,765,714
$1.8M
Cap Rate 9%
$1,373,333
$1.4M
Market Conditions
NOI Build-Up for 10,200 SF
Gross rent
$220.3K $21.60/SF
− Vacancy
−$14.3K −$1.40/SF
EGI
$206.0K $20.20/SF
− OpEx
−$82.4K −$8.08/SF
NOI
$123.6K $12.12/SF
Area
Green Bay, WI
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,472,000
Cap Rate 7%
$1,765,714
Cap Rate 9%
$1,373,333
Alternative Uses
Best Use
Healthcare Medical
$1.77M
$1.55M – $2.06M
NOI $123,600 @ 7.0% cap · market cap 5.89%
Second Best
Office B
$1.72M
$1.51M – $2.01M
NOI $120,442 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$2.38M
$2.08M – $2.77M
NOI $166,464 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54311, WI
37,532
Population
15,047
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
68.2 sq mi
ZIP Area
550
Density / Sq Mi
$83,178
Median Household Income
$43,191
Median Earnings
$1,063
Median Rent
$272,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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- Patrick Warpinski & Associates — 3175 Voyager Dr, Green Bay, WI 54311
Frequently Asked Questions
What type of property is this?
Medical Office Space - Includes reception, waiting, conference, breakroom, storage, and flexible workstation areas for professional operations.
Where is this medical office space located?
The property is located at 3193 Voyager Dr Green Bay, WI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 10,200‑square‑foot medical office property built in 2008; Multiple private offices plus reception and waiting areas; Conference room, breakroom, storage, and cubicle area
