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Property profile & analytics

215 Milwaukee St Janesville, WI 53548

  • Commercial real estate
  • 0.81 lot acres
Value Estimation
Location Intelligence
Property ID
US92-0457563
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 215 Milwaukee St

Lot size
0.81 lot acres
Zone code
B6
Property type
Commercial real estate
APN
136200261
APU
136200261

Description

This exceptional 4,206 square foot commercial property, situated at 215 W Milwaukee Street in the vibrant heart of downtown Janesville, Wisconsin, presents a remarkable opportunity for a diverse range of businesses. Located on one of the city's busiest blocks, this property boasts impressive daily traffic counts exceeding 5,000 vehicles, ensuring high visibility and accessibility for your enterprise. Currently configured as a retail boutique, the space offers immense flexibility and adaptability to suit various business models, including retail, fitness centers, service-based businesses, or restaurants. The 4,206 square feet encompasses two restrooms, a dedicated storage area, a utility room, and a sizable basement, providing ample space for operations and storage needs. The property sits on a 0.13-acre lot. Utilities are efficiently managed with tenants responsible for gas and electric costs, while water and sewer are covered by the landlord. This prime location, coupled with its versatile layout and convenient amenities, makes it an ideal investment for entrepreneurs seeking a thriving downtown presence. The asking price for this exceptional property is $342,000.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $245,000
  • CAP approach

    CAP return
    Estimation
    6%
    $260,000
    6.5%
    $265,000
    7%
    $260,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $240,000
    Geo Method
    $240,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $275,000
    Retail
    $250,000
    Mixed-Use
    $290,000
    Hospitality
    $260,000
    Educational
    $230,000
    Residential Income
    $225,000
    Energy
    $290,000
    Income-Based Land
    $240,000
    Food Service
    $230,000

Location Insight

  • Map
  • Local Demand
City
Janesville
County
Rock
State
Wisconsin
Longitude
-89.0212
Latitude
42.6842
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
$2,257
$98,300
$35,600
$133,900
-
$0.00
$0.00
$0.00
More about this property
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