Established Fuel and Convenience
404 N Parker Janesville, WI 53545
404 N Parker, Janesville, WI, 53545
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For Sale
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Long-standing fuel and convenience store with diversified revenue streams.
Property Size2,753 SF
Price / SF$335.96
Days on Market155
Property Features for 404 N Parker
General Information
- Standard status
- Active
- Size
- 2,753 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1978
Listing Agency
EXIT REALTY HGM
Listed by
Lawton Team · License #79723-94
Source
Crexi
Added: Feb 13 Checked: Jul 17 at 4:18 am
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 EXIT REALTY HGM
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire a fuel and convenience store located at 404 N Parker Dr in Janesville. The business, operating since 1978, benefits from its position on a signalized hard corner with high daily traffic. The location has established a community presence and repeat customer loyalty. Revenue streams include fuel sales, inside sales with liquor, and ancillary income. The fuel supply structure allows pricing strategy flexibility. The operation is currently absentee-owned, presenting an opportunity for a hands-on owner to streamline expenses and improve merchandising. The property size is 2753 square feet.
Key Highlights
- Established business since 1978, benefiting from nearly five decades of community presence and customer loyalty.
- Located on a signalized hard corner with strong daily traffic counts.
- Diversified revenue streams including fuel sales, strong inside sales with liquor, and ancillary income.
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 | $59.5k | $21.60 |
| − Vacancy | −$1.5k | −$0.56 |
| EGI | $57.9k | $21.04 |
| − OpEx | −$14.5k | −$5.26 |
| NOI | $43.4k | $15.78 |
2,753 SF · lease $21.60/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$620.6K
$543.0K – $724.0K
NOI $43,439 @ 7.0% cap · market cap 4.70%
Second Best
Retail
$474.7K
$415.4K – $553.9K
NOI $33,231 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$661.6K
$578.9K – $771.8K
NOI $46,310 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Long-standing fuel and convenience store with diversified revenue streams.
Where is this gas station located?
The property is located at 404 N Parker Janesville, WI.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: Established business since 1978, benefiting from nearly five decades of community presence and customer loyalty.; Located on a signalized hard corner with strong daily traffic counts.; Diversified revenue streams including fuel sales, strong inside sales with liquor, and ancillary income.
