1 Parker Pl Janesville, WI 53545-4000
- Commercial real estate
- 62,725 SF
- 1.28 lot acres
Current Use by Public Records
- Railroad Contract Services / General Contractor
- Three Pillars Wealth Management / Financial Advisor
- Boyd Consulting Group / Insurance Agency
- IAG Wealth Partners, LLC / Financial Advisor
- The Big AM 1380 / Radio Station / Telecommunications Service
Property Details for 1 Parker Pl
- Year built
- 1981
- Lot size
- 1.28 lot acres
- Property size
- 62,725 SF
- Zone code
- B6
- Property type
- Commercial real estate
- APN
- 136200266
- APU
- 136200266
Description
This exceptional commercial property, located at 1 Parker Place in Janesville, Wisconsin, presents a significant investment opportunity. The 107,288 square foot Class B office building sits on a 2.91-acre lot and offers a unique blend of functionality and visibility. Its strategic location provides easy access to major transportation arteries, including I-90/39 and Highway 11, ensuring convenient commutes for tenants and clients. Currently operating at 50% occupancy, this multi-tenant building boasts key features designed for optimal efficiency and security, including key-card access, a loading dock, a freight elevator, and ample parking. The building's elevated position on a rising slope provides stunning western views and excellent visibility throughout the Janesville community. The main entrance features a ramp for accessibility, and the building is further enhanced by three elevators, including a dedicated freight elevator. Multiple parking lots surround the building, providing convenient parking for tenants and visitors. This landmark office building represents a compelling opportunity to acquire a well-maintained, strategically located commercial property in the heart of Janesville's central business district. The asking price for this property is $2,500,000. The property is zoned for commercial use and is currently operating under a modified lease agreement.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,028,000
- AI Estimate
- $2,740,000
Market price range: $4.32M - $17.2MMarket price range: $2.64M - $9.61M
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Location Insight
- Map
- Local Demand
- City
- Janesville
- County
- Rock
- State
- Wisconsin
- Longitude
- -89.0202
- Latitude
- 42.6831
- CBSA code
- 27500
- CBSA name
- JANESVILLE, WI METROPOLITAN STATISTICAL AREA