Flex Space with Loading
3601 Patch Street, Stevens Point, WI 54481
For Sale
New
Contact for pricing
Four distinct shop areas sit alongside office, reception, breakroom, and restroom space.
Property Size8,084 SF
Price / SF$0.68
Days on Market4
Property Features for 3601 Patch Street
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Dock-High Doors
Power
Voltage
Three-Phase Power
Additional Details
Utilities to Site
Amenities
breakroom
Building Details
Building Size
Year Built
Listing Agency:
Nexthome Priority
(715) 997-9600
Listed By:
Justin Leick · License #89232-94
(715) 897-1306
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 Nexthome Priority
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 8,084-square-foot flex property at 3601 Patch Street includes four separate shop areas, two offices, a reception and showroom area, a breakroom, and two restrooms. Five overhead doors serve the shop: four measure 12 feet high by 10 feet wide, and one measures 14 feet high by 12 feet wide. The shop floor has drains and is 5–8 inches thick. One exterior loading dock, natural gas, and 3-phase, 200-amp, 240-volt power are also in place.
Built in 1999, the property is zoned Commercial and is located in Stevens Point, Wisconsin.
Built in 1999, the property is zoned Commercial and is located in Stevens Point, Wisconsin.
Key Highlights
- 8,084‑square‑foot flex property with four separate shop areas
- Five overhead doors: four at 12' high x 10' wide and one at 14' high x 12' wide
- One exterior loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,072
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,440
$441.4K
Cap Rate 7%
$315,314
$315.3K
Cap Rate 9%
$245,244
$245.2K
Market Conditions
NOI Build-Up for 8,084 SF
Gross rent
$33.2K $4.11/SF
− Vacancy
−$1.7K −$0.21/SF
EGI
$31.5K $3.90/SF
− OpEx
−$9.5K −$1.17/SF
NOI
$22.1K $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%
$441,440
Cap Rate 7%
$315,314
Cap Rate 9%
$245,244
Alternative Uses
Best Use
Flex RnD
$1.05M
$916.3K – $1.22M
NOI $73,302 @ 7.0% cap · market cap 1,332.76%
Second Best
Warehouse
$382.9K
$335.0K – $446.7K
NOI $26,801 @ 7.0% cap · market cap 487.29%
Theoretical Best
Specialty Retail
$1.57M
$1.38M – $1.84M
NOI $110,126 @ 7.0% cap · market cap 2,002.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Dock-high doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
149
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Four distinct shop areas sit alongside office, reception, breakroom, and restroom space.
Where is this flex space located?
The property is located at 3601 Patch Street Stevens Point, WI.
What are key features of this property?
This property features: 8,084‑square‑foot flex property with four separate shop areas; Five overhead doors: four at 12' high x 10' wide and one at 14' high x 12' wide; One exterior loading dock
