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    3912 Hackbarth Rd Janesville, WI 53548

    For Sale
    $900,000

    Retro motel, 23 units, high rental potential.

    Property size:
    7,892 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 7,892 square foot commercial property located at 3912 N Hackbarth Road, Janesville, Wisconsin, presents a unique investment opportunity. Situated on a 1.75-acre lot, this charming retro-style motel boasts 23 individual units, offering significant rental income potential. Beyond the rental revenue stream, the property's appeal extends to vacationers, promising a diverse income base. The motel features attractive amenities including a hot tub and a covered patio, enhancing guest experience. A productive vegetable garden adds a unique touch, and on-site manager/owner living quarters provide convenient oversight. While some upgrades are needed, the property's strong foundation and considerable potential make it an attractive proposition for savvy investors. The asking price is $900,000. This is a chance to acquire a well-located property with substantial upside in a desirable Wisconsin market. The property's existing infrastructure and amenities provide a solid base for future growth and profitability. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Property Features for 3912 Hackbarth Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,892 SF
    Lot Size
    76,230 SF

    Building Details

    Year Built
    1952
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Redwood Motel Motel

    Suggested Use

    Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Hotel & Motel Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Janesville
    County
    ROCK
    State
    Wisconsin
    Longitude
    -89.06352
    Latitude
    42.72946

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    FAQs

    What type of property is this?
    Commercial real estate - Retro motel, 23 units, high rental potential.
    Where is this commercial real estate located?
    The property is located at 3912 Hackbarth Rd Janesville, WI.
    What is the asking price?
    The asking price for this property is $900,000.
    (608) 754-2121
    Request Owner's contact information
    3912 Hackbarth Rd Janesville, WI 53548
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    Janesville, WI 53548
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    Realmo Value Estimation

    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.

    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.

    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
    3912 Hackbarth Rd Janesville, WI 53548
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