1533 E Racine Street, Janesville, WI 53545
Thriving gas station with service bays and updated infrastructure.
- Added:
- Nov 30, 2022
- Days on Market:
- 1287
- Last Refresh:
- May 12 at 9:16 pm
Property Features for 1533 E Racine Street
General Information
- Standard status
- Active
- Size
- 1,363 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1965
Listing agent BRADLEY WOLDT
Listing office FIRST WEBER (715) 842-0811
Listing date Nov 30, 2022
Source Xome
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
HighLights
- Well‑established branded gas station with updated pumps and LED‑lit canopy.
- Two service bays offer potential for diverse business ventures.
- Meticulously maintained building provides a clean and inviting space.
- Thriving, long‑standing family business opportunity.
- Zoning (B3) allows for a variety of business uses.
- Central air conditioning and heating.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.4k | $21.60 |
| − Vacancy | −$765 | −$0.56 |
| EGI | $28.7k | $21.04 |
| − OpEx | −$7.2k | −$5.26 |
| NOI | $21.5k | $15.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Janesville
- County
- Rock
- State
- Wisconsin
- Longitude
- -89.0032138
- Latitude
- 42.6792489
