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    1050 5Th St Beloit, WI 53511

    For Sale
    $125,000

    0.34-acre commercial lot, ideal investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.34-acre commercial land parcel presents a unique investment opportunity in the thriving city of Beloit, Wisconsin. Located at the highly visible intersection of 1050 4th Street and 1051 5th Street, this property boasts a prime location with significant potential for various commercial ventures. The lot is zoned C-1 and C-3, allowing for a wide range of development possibilities, catering to diverse business needs. The asking price is $125,000, representing a compelling value for this strategically positioned land. Annual property taxes are $846.24. This property offers significant upside potential for investors seeking a strong return on investment. The convenient location within Rock County, Wisconsin, and its proximity to key transportation routes, ensures excellent accessibility and visibility for any future development. The property's size and zoning make it suitable for a variety of commercial uses, from retail establishments to office spaces, providing flexibility for potential buyers. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly growing area. The current ground rent is $10,000.

    Property Features for 1050 5Th St

    General Information

    Property type
    Land
    Lot Size
    14,810 SF

    HighLights

    • $125,000 asking price for 0.34 acres of commercial land.
    • Located at 1050 4th St & 1051 5th St, Beloit, WI 53511.
    • C‑1 and C‑3 zoning.
    • Annual property taxes are $846.24.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Beloit
    County
    Rock
    State
    Wisconsin
    Longitude
    -89.038729
    Latitude
    42.510598

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    FAQs

    What type of property is this?
    Land - 0.34-acre commercial lot, ideal investment.
    Where is this land located?
    The property is located at 1050 5Th St Beloit, WI.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: $125,000 asking price for 0.34 acres of commercial land.; Located at 1050 4th St & 1051 5th St, Beloit, WI 53511.; C-1 and C-3 zoning.
    (414) 271-1111
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    Beloit, WI 53511
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    Realmo Value Estimation

    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.

    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.

    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
    1050 5Th St Beloit, WI 53511
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