Multi-Suite Office
3233a Business Park Drive #Suite 302-306, Stevens Point, WI 54482
For Sale
New
Contact for pricing
A third-floor layout combines multiple suites, reception areas, elevator service and shared restrooms.
Property Size2,360 SF
Price / SF$0.01
Days on Market4
Property Features for 3233a Business Park Drive #Suite 302-306
General Information
Standard status
Size
Elevators
Property subtype
Zoning
Additional Details
Floor
Property Use
Building Details
Building Size
Year Built
Listing Agency:
First Weber
(715) 341-6688
Listed By:
Hornung & Co. Real Estate · License #7766994
(715) 347-7384
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 2:59PM
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
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Investment Insights
Based on property information with market context.
At Oakwood Center in the Portage County Business Park, this 2,360-square-foot office unit was built in 2007. The third-floor space is west-facing and arranged as three suites, each with a reception area, alongside a 9+ office configuration. Elevator access serves the floor, and bathrooms are shared.
The property is located at 3233a Business Park Drive in Stevens Point, Wisconsin. Commercial zoning is identified for the property.
The property is located at 3233a Business Park Drive in Stevens Point, Wisconsin. Commercial zoning is identified for the property.
Key Highlights
- 2,360‑square‑foot office unit
- Three suites with reception areas and a 9+ office configuration
- West‑facing, third‑floor space with elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,034
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,680
$440.7K
Cap Rate 7%
$314,771
$314.8K
Cap Rate 9%
$244,822
$244.8K
Market Conditions
NOI Build-Up for 2,360 SF
Gross rent
$37.7K $15.96/SF
− Vacancy
−$8.3K −$3.51/SF
EGI
$29.4K $12.45/SF
− OpEx
−$7.3K −$3.11/SF
NOI
$22.0K $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%
$440,680
Cap Rate 7%
$314,771
Cap Rate 9%
$244,822
Alternative Uses
Best Use
Office B
$314.8K
$275.4K – $367.2K
NOI $22,034 @ 7.0% cap · market cap 122,411.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$459.3K
$401.9K – $535.8K
NOI $32,150 @ 7.0% cap · market cap 178,611.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
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Business Placement
Demographics for 54482, WI
9,108
Population
3,983
Households
2.3
Avg Household Size
46
Median Age
31%
College-Educated
96%
High-School Grad
91.0 sq mi
ZIP Area
100
Density / Sq Mi
$94,919
Median Household Income
$51,667
Median Earnings
$994
Median Rent
$265,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A third-floor layout combines multiple suites, reception areas, elevator service and shared restrooms.
Where is this office unit located?
The property is located at 3233a Business Park Drive #Suite 302-306 Stevens Point, WI.
What are key features of this property?
This property features: 2,360‑square‑foot office unit; Three suites with reception areas and a 9+ office configuration; West‑facing, third‑floor space with elevator access
