Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1409-1431 Manchester St Beloit, WI

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two industrial buildings with cranes and yard space for sale.

    Type:INDUSTRIAL
    Property size:
    21,332 SF
    Lot size:
    6.48 Acres
    Price / SF:
    $65/SF
    Added:
    May 20, 2024
    Days on Market:
    703
    Last Refresh:
    Apr 5 at 8:32 pm

    Property Features for 1409-1431 Manchester St

    General Information

    Standard status
    Active
    Size
    21,332 SF
    Lot size
    6.48 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Nicholas Unger

    Listing agent Nicholas Unger

    Listing office Cushman & Wakefield | Boerke

    Listing date May 20, 2024

    Source Moodyscre

    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 Cushman & Wakefield | Boerke

    Overview

    Industrial Portfolio with Crane Systems

    This is a portfolio sale including two properties. One property at 1409 Manchester St has 10,053 square feet and features a 2-ton bridge crane and a 3-ton bridge crane. The other property at 1431 Manchester St has 11,279 square feet and includes a 1-ton jib crane. The properties are located 1.5 miles from I-39/90 via Gardner Street/51 and offer extensive yard space with electric gates, as well as floor drains in the shop area.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Beloit
    County
    Rock
    State
    Wisconsin
    Longitude
    -89.0195
    Latitude
    42.4977

    Nearby Similar for Sale

    • $174,900

      Updated Commercial Building in Beloit

      Low-maintenance commercial building with flexible layout and great visibility.
      1680 Huebbe Parkway, Beloit, WI 53511
      View Details
    • $169,900

      Upgraded Commercial Space in Beloit

      Freshly improved interior ideal for retail, office, or boutique.
      1304 Cranston Road, Beloit, WI 53511
      View Details
    • $1,290,000

      Beloit Farm with Development Potential

      25+ acre farm with farmhouse, guest house, and outbuildings.
      1610 Town Hall Road, Beloit, WI 53511-9792
      View Details
    • $1,290,000
      2,164 SF

      Farmhouse with Guest House and Barn

      Farm property featuring a farmhouse, guest house, and barn.
      1610 Town Hall Road, Beloit, WI 53511-9792
      View Details
    • $999,999

      Beloit Township 6-Unit Property

      Well-maintained 6-unit property on 10 acres with income potential.
      2290 S Afton Road, Beloit, WI 53511
      View Details
    • $698,000
      4,388 SF

      Freestanding Commercial Building with Drive-Thru

      4,388 SF building on 1.5 acres with drive-thru.
      1795 S Madison Rd Beloit, WI 53511, Beloit, WI 53511
      View Details
    • $569,000

      New Duplex in Beloit, Wisconsin

      Modern duplex with two 3-bed/2-bath units and attached garages.
      1822-1824 W Kyle Circle, Beloit, WI 53511
      View Details
    • $569,000

      New Duplex in Beloit, WI

      Modern duplex with two 3-bed/2-bath units and attached garages.
      1812-1814 W Kyle Circle, Beloit, WI 53511
      View Details
    • $569,000

      New Duplex in Beloit, WI

      Modern duplex with strong rental demand near major transportation routes.
      1802-1804 W Kyle Circle, Beloit, WI 53511
      View Details
    • $569,000

      New Duplex in Beloit, WI

      Modern duplex with two 3-bed/2-bath units and attached garages.
      1832-1834 W Kyle Circle, Beloit, WI 53511
      View Details
    • $399,000

      Five Income Properties on Two Parcels

      Five residential properties on two parcels, Beloit, Wisconsin.
      2160 S Wisconsin Avenue, Beloit, WI 53511
      View Details
    • $499,000

      Six Properties on One Parcel

      Six updated residential income properties on a single parcel.
      826-850 Sharpes Court, Beloit, WI 53511
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Two industrial buildings with cranes and yard space for sale.
    Where is this manufacturing property located?
    The property is located at 1409-1431 Manchester St Beloit, WI.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Portfolio sale featuring two properties: 1409 Manchester St (10,053 sf) and 1431 Manchester St (11,279 sf); Conveniently located just 1.5 miles from I‑39/90 via Gardner Street/51; Benefit from heavy lifting capabilities with 2 Ton & 3 Ton Bridge Cranes at 1409 Manchester and a 1 Ton Jib Crane at 1431 Manchester
    (262) 352-6943 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Nicholas Unger
    Learn More
    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.
    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!