Office Suite with Conference
New
For Sale
Contact for pricing
3233b Business Park Drive #Suite 101, Stevens Point, WI 54482
A flexible office layout combines a private office, meeting space, and an open work area.
Property Size700 SF
Price / SF$1.79
Days on Market3
Property Features for 3233b Business Park Drive #Suite 101
General Information
Standard status
Active
Size
700 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Property Use
Office
Amenities
shared restrooms
courtyard
Building Details
Building Size
700 SF
Year Built
2007
Listing Agency:
First Weber
(715) 341-6688
Listed By:
Hornung & Co. Real Estate · License #7766994
(715) 347-7384
Source:
Howardandwilliams
Added: Oct 30
Last Checked: Oct 30 at 2:16PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 101 contains 700 square feet arranged with a private office, conference room, and open workstation area. The office property was built in 2007 and is zoned Commercial.
The suite is at 3233B Business Park Drive in Stevens Point, within the Portage County Business Park. Shared restrooms, parking, and a courtyard are maintained by the landlord.
The suite is at 3233B Business Park Drive in Stevens Point, within the Portage County Business Park. Shared restrooms, parking, and a courtyard are maintained by the landlord.
Key Highlights
- 700‑square‑foot office suite
- Layout includes a private office, conference room, and open workstation area
- Shared restrooms, parking, and courtyard maintained by the landlord
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,536
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,720
$130.7K
Cap Rate 7%
$93,371
$93.4K
Cap Rate 9%
$72,622
$72.6K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$11.2K $15.96/SF
− Vacancy
−$2.5K −$3.51/SF
EGI
$8.7K $12.45/SF
− OpEx
−$2.2K −$3.11/SF
NOI
$6.5K $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%
$130,720
Cap Rate 7%
$93,371
Cap Rate 9%
$72,622
Alternative Uses
Best Use
Office B
$93.4K
$81.7K – $108.9K
NOI $6,536 @ 7.0% cap · market cap 522.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$136.2K
$119.2K – $158.9K
NOI $9,536 @ 7.0% cap · market cap 762.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible office layout combines a private office, meeting space, and an open work area.
Where is this office unit located?
The property is located at 3233b Business Park Drive #Suite 101 Stevens Point, WI.
What are key features of this property?
This property features: 700‑square‑foot office suite; Layout includes a private office, conference room, and open workstation area; Shared restrooms, parking, and courtyard maintained by the landlord
