Office Unit With Private
For Sale
$249,900
W7003 Parkview Drive Unit 9, Greenville, WI 54942
Former dental-office configuration with reception, private offices, and a bathroom for flexible commercial use.
Property Size1,350 SF
Price / SF$185.11
Days on Market77
Property Features for W7003 Parkview Drive Unit 9
General Information
Standard status
Active
Size
1,350 SF
Additional Details
Office Units
1
Amenities
private offices
reception area
bathroom
private entrances
Building Details
Year Built
1998
Listing Agency:
LPT Realty
Listed By:
Lexi J Tullberg · License #9496953
(920) 808-0867
Source:
Heathergossen
Added: Jul 30
Changed: Oct 5
Last Checked: Oct 12 at 11:45PM
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 LPT Realty
Investment Insights
Based on property information with market context.
This office unit retains a practical professional-services layout that includes three private offices, a reception area, one bathroom, and two separate entrances. The property previously operated as a dental office for more than 20 years, providing a documented history of commercial use. Built in 1998, the space can accommodate office, medical, retail, or other professional-service applications supported by the existing configuration.
The property is located on W7003 Parkview Drive in Greenville, Wisconsin. Its combination of multiple offices, customer-facing reception space, and independent access points offers a functional starting point for an owner-user or business seeking a configurable commercial setting.
The property is located on W7003 Parkview Drive in Greenville, Wisconsin. Its combination of multiple offices, customer-facing reception space, and independent access points offers a functional starting point for an owner-user or business seeking a configurable commercial setting.
Key Highlights
- Three private offices plus a reception area
- Two private entrances provide separate access points
- One bathroom included in the existing layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,101
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,020
$402.0K
Cap Rate 7%
$287,157
$287.2K
Cap Rate 9%
$223,344
$223.3K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$30.5K $22.56/SF
− Vacancy
−$3.7K −$2.71/SF
EGI
$26.8K $19.85/SF
− OpEx
−$6.7K −$4.96/SF
NOI
$20.1K $14.89/SF
Area
Outagamie County, WI
Vacancy
12.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,020
Cap Rate 7%
$287,157
Cap Rate 9%
$223,344
Alternative Uses
Best Use
Office B
$287.2K
$251.3K – $335.0K
NOI $20,101 @ 7.0% cap · market cap 8.04%
Second Best
Healthcare Medical
$281.7K
$246.5K – $328.7K
NOI $19,721 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$372.2K
$325.7K – $434.3K
NOI $26,055 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Explore this area
Business Placement
Demographics for 54942, WI
10,403
Population
4,056
Households
2.6
Avg Household Size
38
Median Age
44%
College-Educated
99%
High-School Grad
16.0 sq mi
ZIP Area
650
Density / Sq Mi
$113,633
Median Household Income
$63,596
Median Earnings
$1,156
Median Rent
$336,500
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
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Frequently Asked Questions
What type of property is this?
Office units - Former dental-office configuration with reception, private offices, and a bathroom for flexible commercial use.
Where is this office units located?
The property is located at W7003 Parkview Drive Unit 9 Greenville, WI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Three private offices plus a reception area; Two private entrances provide separate access points; One bathroom included in the existing layout
