1200 Janesville Ave Fort Atkinson, WI 53538-2702
This established car wash in Fort Atkinson, WI, presents a unique investment opportunity. Located at 1200 Janesville Ave, 53538, this 5,800 sq ft facility sits on a lot ranging from 35,000 to 40,000 sq ft and boasts a rich operational history. The asking price is $599,000 ($103.28/sq ft). Originally built in 1980, the property has undergone significant recent upgrades, including a new roof (circa 2020), new furnaces (circa 2021), and an updated conveyor framework (circa 2021). Further enhancing its operational efficiency are a 480V three-phase power system and an extensive camera security system installed in 2020. A newer, large LED roadside sign (2020) ensures high visibility. All support equipment and many detailing supplies remain on-site from the October 2023 closure. This bank-owned foreclosure is offered as-is. All offers are subject to Greenswoods State Bank and SBA approval, with a 14-day response period. The listing price reflects a short sale, so allow for processing time. This property is situated in a town with a population of 12,500, offering significant potential for a new owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.