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Property profile & analytics
OFF-MARKET
Estimated value
$145,000
Commercial real estate
1421 Hamilton Ave Janesville, WI 53548-0193
Individually Owned
5-yr Hold
Property ID
US92-0219194
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Total area
1,722 SF
Lot
0.2 ac (8,712 SF)
Zoning code
B3
APN
126200160
UPID
US92-0219194
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$175k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$145k
Owner & transaction history
Craig Gramke · 5 yrs held
Craig Gramke
since 2020
Last sale
$152,000
1 recorded transaction
Zoning & alternative use
B3 · Janesville, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The B3 General Commercial District is intended to accommodate those motorist oriented commercial activities which may be incompatible with uses in other business districts, and whose service area is not confined to any one neighborhood or community, This district is generally located along major commercial arterials
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
444.66 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Janesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Janesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$145,000
ML approach
$175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$145k
Range $131k – $160k · ±10% · vs last sale $152k (Nov 12 2020)
Last sale anchor
$152k
Nov 12 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$84 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,414
Tax year 2023
Assessed value
$200,700
Assessed 2023
Previous assessed
$94,200
+113.1% YoY
Effective rate
1.70%
On assessed value
Assessed land
$27,900
Assessed improvement
$172,800
Applied tax rate
241.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1980
Heating
SPACE
Stories
1
Total area
1,722 SF
Lot
0.2 ac (8,712 SF)
Zoning code
B3
APN
126200160
UPID
US92-0219194
Jurisdiction
ROCK
Zoning & alternative use
B3 · Janesville, WIZoning B3 · permitted uses
B3 · Janesville, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The B3 General Commercial District is intended to accommodate those motorist oriented commercial activities which may be incompatible with uses in other business districts, and whose service area is not confined to any one neighborhood or community, This district is generally located along major commercial arterials
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
444.66 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Heating
SPACE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Craig Gramke
Individual
Mailing address
4220 RUGER AVE, JANESVILLE, WI 53546-8695
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2020
$152,000
Craig Gramke
Kincald Trust
Deed
$58,000 · Johnson Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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