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Property profile & analytics
FOR SALE
Commercial real estate

11931 W Janesville Rd Hales Corners, WI 53130

0.56 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US92-3283478
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving BP gas station and convenience store located at 11931 W Janesville Rd, Hales Corners, WI 53130. The property, situated on a 1.12-acre lot, boasts a 3,446 square foot building constructed in 1984 and renovated in 1996. Currently operating at 100% occupancy with a lease expiration date of September 13, 2024, this single-story structure features four double gas pumps dispensing regular, mid-grade, premium, and diesel fuels. The property includes a full-service convenience store, public restrooms, and a car wash, all contributing to its strong financial performance. The ample parking accommodates 20 vehicles, and the large lot offers potential for expansion. The property benefits from high daily traffic counts of 12,900 AADT and is conveniently located just six minutes from I-43, ensuring high visibility and accessibility. All equipment necessary to continue operations is included, and the oil agreement is fully transferable. This turnkey operation is zoned B-2, making it an ideal acquisition for an owner-operator or portfolio addition. The asking price is $1,400,000, translating to $406.27 per square foot.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.56 ac (24,394 SF)
APN 702-9996-002
UPID US92-3283478
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • bp Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.15M
Owner & transaction history
Bd Real Estate & Convenience Store · 3 yrs held
Bd Real Estate & Convenience Store
since 2022
Last sale
$1.2M
7 recorded transactions
2024
Price N/A
2022
$1.2M
2016
$450,000
2010
$800,000
2007
$1.1M
2006
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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