Office Suite with Private
3241 Business Park Drive, Stevens Point, WI 54482
For Sale
New
Contact for pricing
A mix of enclosed offices, shared work areas, reception, and support space serves a range of professional business needs.
Property Size2,105 SF
Price / SF$0.01
Days on Market4
Property Features for 3241 Business Park Drive
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Highway Access
Property Use
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Nai Pfefferle
(715) 261-2922
Listed By:
Gregory Hedrich · License #9285894
(608) 844-9063
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 2:58PM
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 Nai Pfefferle
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Investment Insights
Based on property information with market context.
This 2,105-square-foot office suite is part of a multi-unit building constructed in 1999. Its layout includes private offices, open work areas, a reception area, and support space. The property is zoned Commercial.
The suite is located in Portage County Business Park, near I-39, in Stevens Point, Wisconsin.
The suite is located in Portage County Business Park, near I-39, in Stevens Point, Wisconsin.
Key Highlights
- 2,105‑square‑foot office suite
- Layout includes private offices, open work areas, reception, and support areas
- Located in Portage County Business Park near I‑39
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,654
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,080
$393.1K
Cap Rate 7%
$280,771
$280.8K
Cap Rate 9%
$218,378
$218.4K
Market Conditions
NOI Build-Up for 2,105 SF
Gross rent
$33.6K $15.96/SF
− Vacancy
−$7.4K −$3.51/SF
EGI
$26.2K $12.45/SF
− OpEx
−$6.6K −$3.11/SF
NOI
$19.7K $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%
$393,080
Cap Rate 7%
$280,771
Cap Rate 9%
$218,378
Alternative Uses
Best Use
Office B
$280.8K
$245.7K – $327.6K
NOI $19,654 @ 7.0% cap · market cap 109,188.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$409.7K
$358.5K – $477.9K
NOI $28,676 @ 7.0% cap · market cap 159,311.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
435
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A mix of enclosed offices, shared work areas, reception, and support space serves a range of professional business needs.
Where is this office unit located?
The property is located at 3241 Business Park Drive Stevens Point, WI.
What are key features of this property?
This property features: 2,105‑square‑foot office suite; Layout includes private offices, open work areas, reception, and support areas; Located in Portage County Business Park near I‑39
