Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5315 Old So-White Rd Plover, WI 54467

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5315 Old So-White Rd Plover, WI 54467

    View on Map
    • Commercial real estate
    • 5,579 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5315 Old So-White Rd

    Year built
    2023
    Property size
    5,579 SF
    Property type
    Commercial real estate

    Description

    This newly constructed 5,579 square foot commercial property in Plover, Wisconsin offers a versatile space ideal for various businesses. The building boasts 3,463 square feet of warehouse space, featuring two overhead garage doors (16x14 and 12x14) allowing for convenient pull-through access. A mezzanine level is ready for additional storage, maximizing your operational efficiency. The property also includes 1,200 square feet of finished office space with heating and air conditioning, and an additional 916 square feet of unfinished upstairs space available for build-out to suit a tenant's specific needs. The landlord is willing to collaborate on first-floor office build-outs with qualified tenants. The warehouse itself benefits from 22-24 foot high ceilings and is heated, further enhancing its functionality. Three-phase electrical service is available. Security cameras are installed on the site for added peace of mind. Conveniently located off Highway 54, with easy access to I-39, this property offers excellent visibility and accessibility. Exterior maintenance, including lawn care, snow removal, and trash disposal, is included. The property will be available for occupancy in Spring 2024. Directions: Exit Highway 54 West towards Plover, turn left onto Old So-White Road

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Plover
    County
    PORTAGE
    State
    Wisconsin
    Longitude
    -89.5255
    Latitude
    44.4341

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      0000 Meridian Dr

      Distribution properties • 4,000 SF
      0000 Meridian Dr, Plover, WI 54467
      View Details
    • Value Estimation by Request
      4,500 SF

      3750 Corporate Dr

      Commercial real estate • 4,500 SF
      3750 Corporate Dr, Plover, WI 54467
      View Details
    • Value Estimation by Request
      1,700 SF

      3012-3068 Sf

      Commercial real estate • 1,700 SF
      3012-3068 Sf, Plover, WI 54467
      View Details
    • Value Estimation by Request
      0.99 Acres

      1200 Commerce Pl

      COMMERCIAL (GENERAL) • 0.99 Acres
      1200 Commerce Pl, Plover, WI 54467-4132
      View Details
    • Value Estimation by Request
      1.74 Acres

      1300 Commerce Pl

      COMMERCIAL (GENERAL) • 1.74 Acres
      1300 Commerce Pl, Plover, WI 54467-4159
      View Details
    • Value Estimation by Request
      4.92 Acres

      3020 Grant Ave

      COMMERCIAL (GENERAL) • 4.92 Acres
      3020 Grant Ave, Plover, WI 54467-3558
      View Details

    Similar Nearby for Sale

    • $275,000
      3,864 SF

      Prime Plover Commercial Building

      High-traffic location, versatile space, FF&E included.
      2900 Post Rd, Plover, WI 54467
      View Details
    • Contact for pricing
      1,800 SF

      Plover in the Cross Roads Commons complex a 1

      800 square foot suite. The suite is professionally finished open retail area. Base rent is $16.00 psf for $28
      1176 Meridian Dr, Plover, WI 54467
      View Details
    • Contact for pricing
      1,700 SF

      Plover Retail Space: High Traffic Location

      Prime Plover retail space, high visibility, I-39 access.
      3012-3068 Sf, Plover, WI 54467
      View Details
    • Contact for pricing
      4,500 SF

      Plover, WI Commercial Space Available

      Versatile Spaces, Prime Location, All Utilities Included
      3750 Corporate Dr, Plover, WI 54467
      View Details
    • $699,000
      16,000 SF

      Renovated 16,000 SF Event Venue

      Turnkey wedding/event venue with recent renovations and upgrades.
      5330 Harding Ave, Plover, WI 54467
      View Details
    • $87,900
      0.44 Acres

      Residential Lot with River Access

      Wooded lot with river access and municipal utilities.
      2275 Timber Vw Dr, Plover, WI 54467
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Plover Retail Center on Post

      Retail center with high visibility and strong traffic counts.
      1901 Post Rd, Plover, WI 54467
      View Details
    • Contact for pricing
      20,803 SF

      Retail Space in Crossroads Commons

      Retail suites available within a 37,405 SF shopping center.
      1200 Meridian Dr, Plover, WI 54467
      View Details
    • Contact for pricing

      Plover Road Retail/Office Space

      2500 SF commercial space in Plover's business district.
      1810 Plover Rd, Plover, WI 54467
      View Details
    • Contact for pricing

      Plover Retail/Commercial Leasing Opportunity

      Premier retail/commercial space in Plover with high visibility and accessibility.
      1841 Post Rd, Plover, WI 54467
      View Details
    • $10 SF/Yr
      137,000 SF

      Plover Manufacturing and Warehouse Facility

      137,000 square foot manufacturing and warehouse facility for lease.
      4930 Hayes Ave, Plover, WI 54467
      View Details
    • $53,412

      Restaurant Space on Plover Road

      Restaurant space available in Plover, WI with existing infrastructure.
      1828 Plover Rd, Plover, WI 54467
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5315 Old So-White Rd
    Plover, WI 54467
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!