Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

1321 Court St Janesville, WI 53548-3538

  • Commercial real estate
  • 816 SF
  • 0.15 lot acres
Value Estimation
Last Sale
Aug 07, 2023
$180,000
Location Intelligence
Property ID
US92-0234919
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

  • Commercial real estate

Property Details for 1321 Court St

Year built
1961
Lot size
0.15 lot acres
Property size
816 SF
Zone code
B3
Property type
Commercial real estate
APN
135300380
APU
135300380

Description

This exceptional 1,488 square foot commercial building, situated on a 0.15-acre lot at 1321 W Court Street in Janesville, WI, presents a remarkable investment opportunity. The three-story brick structure boasts a prime location in a high-traffic area, making it ideal for a variety of business ventures. Currently configured for mixed-use, the upper level offers comfortable living quarters complete with a bedroom, living area, kitchen, and bathroom. The main level has a rich history of successful businesses, previously housing an insurance agency, hair salon, and stamping business, demonstrating its adaptability to diverse commercial needs. The lower level, previously used as a tattoo parlor, provides additional space suitable for another business or ample storage. The property benefits from abundant parking, ensuring convenience for both employees and customers. Recent upgrades include a new roof installed in 2023 and a new furnace in 2024, minimizing maintenance concerns and maximizing efficiency. This versatile property offers significant potential for investors seeking a strong return or owner-occupants looking for a unique blend of commercial and residential space. Its prime location and adaptable layout make it a truly exceptional opportunity. Priced at $219,900.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $180,000
  • CAP approach

    CAP return
    Estimation
    6%
    $210,000
    6.5%
    $210,000
    7%
    $245,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $235,000
    Geo Method
    $245,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $280,000
    Retail
    $275,000
    Mixed-Use
    $210,000
    Hospitality
    $235,000
    Educational
    $235,000
    Residential Income
    $215,000
    Energy
    $265,000
    Income-Based Land
    $210,000
    Food Service
    $275,000

Location Insight

  • Map
  • Local Demand
City
Janesville
County
Rock
State
Wisconsin
Longitude
-89.0367
Latitude
42.6792
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
$2,459
$29,400
$116,200
$145,600
-
$0.00
$0.00
$0.00
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