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Property profile & analytics

1520 Creston Park Dr Janesville, WI 53545-1128

  • Commercial real estate
  • 3,403 SF
  • 0.44 lot acres
OFF-MARKET
Last Sale
Oct 09, 2023
$320,000
Value Estimations
$345,000
Show details
Cap Rate Potential
7.3%
Commercial real estate
Location Intelligence
Property ID
US92-0234057
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Carefree Tax Service / Tax Preparation / Accounting Firm
  • A Trident Drivers School / Driving School

Property Details for 1520 Creston Park Dr

Year built
1962
Lot size
0.44 lot acres
Property size
3,403 SF
Zone code
B2
Property type
Commercial real estate
APN
219400319
APU
219400319

Description

This exceptional 3,408 square foot retail property, situated on a 0.43-acre lot in Janesville, Wisconsin, presents a unique leasing opportunity. The single-story building features one suite, with 2,408 square feet currently available. Previously occupied by a bakery, this space boasts a spacious retail area, perfect for customer interaction. A private bathroom ensures employee convenience, while a well-equipped backroom includes a prep sink, counter space, and essential appliances such as a refrigerator and cooler, providing a seamless transition for food-related businesses or those requiring similar amenities. The layout is versatile and adaptable to a variety of retail concepts. The property's strategic location at the corner of Creston Park Drive and Randall Avenue offers excellent visibility and accessibility, with proximity to Milton Avenue, ensuring high traffic flow and customer reach. This is an ideal opportunity for businesses seeking a well-maintained, ready-to-occupy space in a thriving commercial area of Rock County. The property's single-suite configuration offers a cohesive and manageable space for a variety of retail uses, from office space to restaurants and bakeries. The ample square footage and existing infrastructure provide a solid foundation for immediate occupancy and business operations.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $320,000
    ML approach
    $310,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $390,000
    6.5%
    $360,000
    7%
    $335,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $382,000
    Market price range: $234k - $935k
    AI Estimate
    $208,000
    Market price range: $143k - $521k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Janesville
County
Rock
State
Wisconsin
Longitude
-89.0036
Latitude
42.7014
CBSA code
27500
CBSA name
JANESVILLE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,402
$106,300
$151,400
$257,700
-
$0.00
$0.00
$0.00
More about this property
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