Freestanding Building on West
2100 W Court St, Janesville, WI 53545
For Sale
$349,500
Versatile 2,161 SF building on high-visibility corner.
Property Size2,161 SF
Price / SF$161.73
Days on Market228
Property Features for 2100 W Court St
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Commercial McGuire Mears & Associates
Listed By:
William Mears
(608) 314-8251
Source:
Commercialcafe
Added: Mar 27
Changed: Nov 2
Last Checked: Nov 8 at 2:16AM
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
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Investment Insights
Based on property information with market context.
This 2,161 square foot freestanding building is located on a high-visibility corner on West Court Street in Janesville. The property was originally configured with one space housing a dental clinic, while the other is currently leased to an Edward Jones office, providing income through mid-2027. The property may be suitable for an investor seeking immediate cash flow or an owner-user, particularly in the dental or medical field, who can utilize the existing clinical layout. The interior is ready for modernization, while the location and functional structure provide an opportunity for value enhancement in a busy area.
Key Highlights
- High‑visibility corner location on Janesville’s West Court Street.
- Versatile 2,161 SF freestanding building.
- Currently partially leased to Edward Jones, providing immediate cash flow.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,224
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,480
$604.5K
Cap Rate 7%
$431,771
$431.8K
Cap Rate 9%
$335,822
$335.8K
Market Conditions
NOI Build-Up for 2,161 SF
Gross rent
$54.5K $25.20/SF
− Vacancy
−$4.1K −$1.89/SF
EGI
$50.4K $23.31/SF
− OpEx
−$20.1K −$9.32/SF
NOI
$30.2K $13.99/SF
Area
Rock County, WI
Vacancy
7.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,480
Cap Rate 7%
$431,771
Cap Rate 9%
$335,822
Alternative Uses
Best Use
Healthcare Medical
$431.8K
$377.8K – $503.7K
NOI $30,224 @ 7.0% cap · market cap 8.65%
Second Best
Office B
$406.1K
$355.3K – $473.8K
NOI $28,425 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$519.3K
$454.4K – $605.9K
NOI $36,351 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 53545, WI
23,318
Population
11,170
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
94%
High-School Grad
22.5 sq mi
ZIP Area
1,036
Density / Sq Mi
$70,730
Median Household Income
$42,567
Median Earnings
$1,006
Median Rent
$204,000
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Versatile 2,161 SF building on high-visibility corner.
Where is this medical office space located?
The property is located at 2100 W Court St Janesville, WI.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: High‑visibility corner location on Janesville’s West Court Street.; Versatile 2,161 SF freestanding building.; Currently partially leased to Edward Jones, providing immediate cash flow.
