Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1100 Centerpoint Dr Stevens Point, WI 54481-2849

    Property Lookup

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

    1100 Centerpoint Dr Stevens Point, WI 54481-2849

    View on Map
    • Commercial real estate
    • 0.44 lot acres
    Off-Market
    Property ID
    US92-2932197
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CESA Youth Program / Child Welfare Organization / Charitable Organization
    • Flex Staff - Stevens Point / Employment Agency
    • Interfaith Volunteer Caregiver / Social Service Agency / Charitable Organization
    • Vector Marketing Stevens Point / Advertising Agency / Marketing & Advertising

    Property Details for 1100 Centerpoint Dr

    Lot size
    0.44 lot acres
    Property type
    Commercial real estate
    APN
    281-24-0832200207
    APU
    281240832200207

    Description

    This exceptional 10,000 square foot office building, constructed in 1940, offers multiple executive office suites for lease in the desirable downtown Stevens Point area. The property, located at 1100 Centerpoint Drive, features a variety of suite sizes, ranging from a minimum of 209 square feet to a maximum contiguous space of 2,700 square feet. Currently, 6,859 square feet of space is available. The building boasts convenient amenities including 11-25 parking spaces and four common restrooms. Tenants are responsible for janitorial services and internet. The building is zoned commercial and has a 200 AMP power supply. The property sits on a lot ranging from 10,001 to 20,000 square feet, with the APN 281-24-0832200207. Lease options are available, with short-term gross lease rates ranging from $10 to $12 per square foot. Several suites are available, including a 2,700 square foot upper-level suite with nine separate offices, two reception areas, and a break area

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stevens Point
    County
    Portage
    State
    Wisconsin
    Longitude
    -89.5822
    Latitude
    44.5254
    CBSA code
    44620
    CBSA name
    STEVENS POINT, WI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $83,800
    $417,000
    $500,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.15 Acres

      Washington Ave

      COMMERCIAL (GENERAL) • 0.15 Acres
      Washington Ave, Stevens Point, WI 54481
      View Details
    • Value Estimation by Request
      0.13 Acres

      Water St

      COMMERCIAL (GENERAL) • 0.13 Acres
      Water St, Stevens Point, WI 54481
      View Details
    • Value Estimation by Request
      18.73 Acres

      3200 Water St

      COMMERCIAL (GENERAL) • 18.73 Acres
      3200 Water St, Stevens Point, WI 54481-5269
      View Details
    • Value Estimation by Request
      7.57 Acres

      3916 Water St

      COMMERCIAL (GENERAL) • 7.57 Acres
      3916 Water St, Stevens Point, WI 54481-6058
      View Details
    • Value Estimation by Request
      0.60 Acres

      Water St

      COMMERCIAL (GENERAL) • 0.60 Acres
      Water St, Stevens Point, WI 54481
      View Details
    • Value Estimation by Request
      2.74 Acres

      808 Whiting Ave

      COMMERCIAL (GENERAL) • 2.74 Acres
      808 Whiting Ave, Stevens Point, WI 54481-5270
      View Details

    Similar Nearby for Sale

    • $179,900
      22.09 Acres

      Expansive Land Parcel Near Stevens Point

      22.09-acre parcel near Stevens Point, endless possibilities.
      5 County Road Ii, Stevens Point, WI 54481
      View Details
    • $98,900
      9.89 Acres

      Land Parcel Near Stevens Point

      9.89 acre lots available minutes from Stevens Point, WI.
      3 County Road Ii, Stevens Point, WI 54481
      View Details
    • $74,900
      1.70 Acres

      Wooded Lot with Mill Creek Frontage

      1.7 acre wooded lot with 215 feet of frontage.
      Babbling Brook Rd, Stevens Point, WI 54481
      View Details
    • $4,500,000
      86,739 SF

      University Inn: Stevens Point, WI

      120-Room Hotel, Prime Location, High Revenue
      5110 Main St | , WI, Stevens Point, WI 54481
      View Details
    • Contact for pricing

      Commercial Land For Sale

      Commercial development land with utilities onsite in Stevens Point.
      5278 County Road Hh, Stevens Point, WI 54481
      View Details
    • $80,000

      Commercial Land with High Visibility

      0.90-acre commercial land with high visibility, great location.
      2906 Post Rd, Stevens Point, WI 54481
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Building with I-39 Visibility

      10,000 SF commercial building with office and warehouse space.
      5225 Heffron Ct, Stevens Point, WI 54481
      View Details
    • Contact for pricing

      Prime Commercial Land For Lease

      Commercial land for lease near university and high school.
      111 N Division St, Stevens Point, WI 54481
      View Details
    • $35 SF/Yr
      2,273 SF

      Turn-Key Restaurant with Drive-Thru

      Restaurant with drive-thru near UW-Steven's Point campus.
      327 Division St, Stevens Point, WI 54481
      View Details
    • Contact for pricing

      Commercial Suite in Stevens Point

      Modern commercial suite in a thriving Stevens Point location.
      5741 Windy Dr, Stevens Point, WI 54481
      View Details
    • Contact for pricing

      Retail Space in Stevens Point

      Retail space in a vibrant Stevens Point community.
      316 Division St, Stevens Point, WI 54481
      View Details
    • $16 SF/Yr
      3,948 SF

      Mixed-Use Building in Growing Area

      Retail and office suites in a rapidly growing downtown area.
      1060 Centerpoint Dr, Stevens Point, WI 54481
      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.
    1100 Centerpoint Dr
    Stevens Point, WI 54481-2849
    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

    Thank You for Inquiry

    1100 Centerpoint Dr, Stevens Point, WI, 54481

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!