Freestanding Commercial Building with
For Sale
$698,000
1795 S Madison Rd, Beloit, WI 53511
4,388 SF building on 1.5 acres with drive-thru.
Property Size4,388 SF
Lot Size1.50 Acres
Price / SF$159.07
Days on Market137
Property Features for 1795 S Madison Rd
General Information
Standard status
Active
Size
4,388 SF
Lot size
1.50 Acres
Property subtype
Office
Building Details
Year Built
1985
Listing Agency:
Coldwell Banker Commercial McGuire Mears & Associates
(608) 314-8257
Listed By:
Adam Shultz · License #5938590
(608) 314-8257
Source:
Cbcworldwide
Added: Apr 8
Changed: Jul 10
Last Checked: Apr 3 at 12:18PM
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 Coldwell Banker Commercial McGuire Mears & Associates
Investment Insights
Based on property information with market context.
A freestanding 4,388 SF commercial building is available for sale on Madison Road in Beloit. The 1.5-acre site benefits from shared access, excellent visibility, and strong area traffic. An existing drive-thru enhances the property's appeal. The location is directly adjacent to Woodman’s and near Beloit Health System and Dollar Tree, surrounded by dense residential areas. This property presents an opportunity for retail, medical, restaurant, or service-oriented businesses seeking a location in one of Beloit’s active trade areas. The surrounding 10-mile market encompasses 109,929 residents, 43,786 households, and 3,158 businesses.
Key Highlights
- High‑traffic location on Beloit's Madison Road corridor, adjacent to Woodman's.
- Existing drive‑thru, suitable for retail, medical, restaurant, or service businesses.
- Excellent visibility and shared access on a 1.5‑acre site.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,718
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,154,360
$1.2M
Cap Rate 7%
$824,543
$824.5K
Cap Rate 9%
$641,311
$641.3K
Market Conditions
NOI Build-Up for 4,388 SF
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.
Gross rent
$97.4K $22.20/SF
− Vacancy
−$20.5K −$4.66/SF
EGI
$77.0K $17.54/SF
− OpEx
−$19.2K −$4.38/SF
NOI
$57.7K $13.15/SF
Area
Rock County, WI
Vacancy
21.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,154,360
Cap Rate 7%
$824,543
Cap Rate 9%
$641,311
Alternative Uses
Best Use
Office B
$824.5K
$721.5K – $962.0K
NOI $57,718 @ 7.0% cap · market cap 8.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$922.7K – $1.23M
NOI $73,813 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Explore this area
Business Placement
Demographics for 53511, WI
48,659
Population
19,372
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
114.9 sq mi
ZIP Area
423
Density / Sq Mi
$65,305
Median Household Income
$39,344
Median Earnings
$995
Median Rent
$160,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 4,388 SF building on 1.5 acres with drive-thru.
Where is this office building located?
The property is located at 1795 S Madison Rd Beloit, WI.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: High‑traffic location on Beloit's Madison Road corridor, adjacent to Woodman's.; Existing drive‑thru, suitable for retail, medical, restaurant, or service businesses.; Excellent visibility and shared access on a 1.5‑acre site.
