Flex Space with Heated
3310 Church Street, Stevens Point, WI 54481
For Sale
New
Contact for pricing
Renovated interior includes an open heated work area and a half bathroom.
Property Size1,542 SF
Price / SF$0.81
Days on Market4
Property Features for 3310 Church Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Drive-In Doors
Property Use
Building Details
Building Size
Year Built
Listing Agency:
First Weber
(715) 341-6688
Listed By:
Peter Harris · License #3830390
(715) 498-6688
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,542-square-foot flex space at 3310 Church Street in Stevens Point has an open heated shop area and a half bathroom. The building dates to 1946, and the interior has been renovated. Commercial zoning is in place.
Key Highlights
- 1,542 square feet of flex space
- Open heated shop area
- Half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,210
Suggested Prices Based on Cap Rates
Cap Rate 5%
$84,200
$84.2K
Cap Rate 7%
$60,143
$60.1K
Cap Rate 9%
$46,778
$46.8K
Market Conditions
NOI Build-Up for 1,542 SF
Gross rent
$6.3K $4.11/SF
− Vacancy
−$323 −$0.21/SF
EGI
$6.0K $3.90/SF
− OpEx
−$1.8K −$1.17/SF
NOI
$4.2K $2.73/SF
Area
Portage County, WI
Vacancy
5.10%
Lease Rate
$4.11 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$84,200
Cap Rate 7%
$60,143
Cap Rate 9%
$46,778
Alternative Uses
Best Use
Flex RnD
$199.7K
$174.8K – $233.0K
NOI $13,982 @ 7.0% cap · market cap 1,118.56%
Second Best
Industrial
$60.1K
$52.6K – $70.2K
NOI $4,210 @ 7.0% cap · market cap 336.80%
Theoretical Best
Specialty Retail
$300.1K
$262.6K – $350.1K
NOI $21,006 @ 7.0% cap · market cap 1,680.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54481, WI
28,100
Population
12,697
Households
2.2
Avg Household Size
32
Median Age
38%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
428
Density / Sq Mi
$57,234
Median Household Income
$29,506
Median Earnings
$853
Median Rent
$191,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Renovated interior includes an open heated work area and a half bathroom.
Where is this flex space located?
The property is located at 3310 Church Street Stevens Point, WI.
What are key features of this property?
This property features: 1,542 square feet of flex space; Open heated shop area; Half bathroom
