1552 Smt Ave Beloit, WI 53511-3676
- Auto shops
- 5,100 SF
- 0.22 lot acres
Current Use by Public Records
- Mc Killips Muffler & Exhaust / Muffler Shop
Property Details for 1552 Smt Ave
- Year built
- 1973
- Lot size
- 0.22 lot acres
- Property size
- 5,100 SF
- Property type
- Auto shops
- APN
- 12521315
- APU
- 12521315
Description
This expansive 5,100 square foot industrial building, situated on a 0.23-acre lot at 1552 Summit Avenue in Beloit, Wisconsin, presents a compelling investment opportunity. Previously utilized as a muffler shop, the property offers significant potential for a variety of industrial uses, subject to confirmation with the City of Beloit. The building features several rooms suitable for storage or office space, providing flexibility for diverse operational needs. Two bathrooms are included
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $65,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $50,000
- 6.5%
- $55,000
- 7%
- $55,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $45,000
- Geo Method
- $50,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $45,000
- Retail
- $55,000
- Mixed-Use
- $55,000
- Hospitality
- $55,000
- Educational
- $55,000
- Residential Income
- $40,000
- Energy
- $50,000
- Income-Based Land
- $50,000
- Food Service
- $50,000
Location Insight
- Map
- Local Demand
- City
- Beloit
- County
- Rock
- State
- Wisconsin
- Longitude
- -89.0169
- Latitude
- 42.5201
- CBSA code
- 27500
- CBSA name
- JANESVILLE, WI METROPOLITAN STATISTICAL AREA