Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    311 Center Ave Jefferson, WI 53549
    Property profile & analytics

    311 Center Ave, Jefferson, WI 53549

    View on Map
    • Commercial real estate
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jefferson County Register / County Government Office
    • Jefferson County Courthouse / County Government Office / County Court
    • Jefferson County Child Support / Social Service Agency / Charitable Organization
    • Jefferson County Register of Deeds / County Government Office
    • Jefferson County Medical Examiner / County Government Office

    Property Details for 311 Center Ave

    Property type
    Commercial real estate

    Description

    This thriving 24/7 delivery business in Jefferson, Wisconsin, is offered for $1,500,000. Generating $1,153,953 in gross revenue and $554,551 in Seller Discretionary Earnings (SDE), this established logistics company specializes in expedited deliveries of items fitting within a van. The business boasts a 5-star Google rating and benefits from advanced logistics systems, ensuring reliable, around-the-clock service. The current owners, operating part-time for four years, are providing four weeks of support for a smooth transition. A non-compete agreement covers a 100-mile radius for five years. The business operates from a leased facility, offering flexibility to the new owner regarding location and operational costs. Furniture, fixtures, and equipment (FF&E) are valued at $281,071. Significant growth potential exists through staff and fleet expansion, tapping into underserved markets, and exploring additional revenue streams. The owners are selling due to retirement and pursuing other endeavors. This presents a unique opportunity to acquire a profitable, well-established business with a strong reputation and significant upside.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson
    County
    Jefferson
    State
    Wisconsin
    Longitude
    -88.8066
    Latitude
    43.0029

    Comparable in this City

    • Value Estimation by Request
      0.32 Acres

      Jefferson, WI 53549

      COMMERCIAL (GENERAL)
      Jefferson, WI 53549
      View Details
    • Value Estimation by Request
      62.70 Acres

      Jefferson, WI 53549

      COMMERCIAL (GENERAL)
      Jefferson, WI 53549
      View Details
    • Value Estimation by Request
      0.03 Acres

      Jefferson, WI 53549

      COMMERCIAL (GENERAL)
      Jefferson, WI 53549
      View Details
    • Value Estimation by Request
      2.59 Acres

      Jefferson, WI 53549

      COMMERCIAL (GENERAL)
      Jefferson, WI 53549
      View Details
    • Value Estimation by Request
      3.46 Acres

      201-201 Copeland Ave, Unit 100

      COMMERCIAL (GENERAL)
      201-201 Copeland Ave, Jefferson, WI 53549
      View Details
    • Value Estimation
      $525,000
      4.09 Acres

      414 County Rd Y Y

      COMMERCIAL (GENERAL)
      414 County Rd Y Y, Jefferson, WI 53549-9567
      View Details

    Similar Nearby for Sale

    • $595,000
      1,950 SF

      W6423 Us Highway 18, Jefferson, WI 53549

      Commercial real estate
      W6423 Us Highway 18, Jefferson, WI 53549
      View Details
    • $595,000
      1,950 SF

      Iconic Jefferson Drive-In Theater

      Turn-key business, 11 acres, highway location.
      W6423 Hwy, Jefferson, WI 53549
      View Details
    • $575,000
      9,379 SF

      Established Bar and Restaurant Opportunity

      Turn-key bar and restaurant with rental income potential.
      711 W Racine St, Jefferson, WI 53549
      View Details
    • $395,000

      Bar/Restaurant on Major Highway

      Bar/restaurant between Madison & Milwaukee with potential.
      W6315 Us Highway 18, Jefferson, WI 53549
      View Details
    • $529,000
      15.32 Acres

      Jefferson County Acreage for Development

      15.3-acre parcel ideal for a dream home or mini-farm.
      N6614 Ziebell Rd, Jefferson, WI 53549
      View Details

    Similar Nearby for Lease

    • New
      Contact for pricing

      Industrial Build-to-Suit Land

      Industrially zoned land offered for a single-user build-to-suit facility in the Food & Beverage Innovation Campus.
      1515 S Wisconsin Dr, Jefferson, WI 53549
      View Details
    • Contact for pricing

      Multi-Unit Office Building

      For-rent office units at 112–118 S Main St, suited for professional tenants seeking dedicated workspace.
      112-118 S Main St, Jefferson, WI 53549
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    311 Center Ave
    Jefferson, WI 53549
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    311 Center Ave, Jefferson, WI, 53549
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!