1715 Madison Rd Beloit, WI 53511
- Retail space
- 27,768 SF
- 4.20 lot acres
Current Use by Public Records
- Dollar Tree / Toy Store / Craft Store
Property Details for 1715 Madison Rd
- Year built
- 1977
- Lot size
- 4.20 lot acres
- Property size
- 27,768 SF
- Property type
- Retail space
- APN
- 12780051
- APU
- 12780051
Description
This exceptional 18,000-square-foot retail space is ideally situated at 1715 Madison Road in Beloit, Wisconsin, within a thriving commercial corridor. The property boasts a prominent location on Madison Road, a key retail artery on Beloit's west side, ensuring high visibility and accessibility for potential businesses. The single-tenant building sits on a substantial 4.2-acre lot, offering ample space and potential for expansion or outdoor amenities. The C-3 zoning allows for a wide range of commercial uses, providing flexibility for prospective tenants. The building is currently vacant, presenting a unique opportunity for a business to establish a strong presence in a well-established commercial area. Surrounding businesses include a diverse mix of retail, medical, and service-oriented establishments, indicating a robust and supportive commercial environment. The property's excellent visibility, convenient access, and ample signage opportunities contribute to its high potential for attracting customers. The property owner is actively seeking a qualified tenant who values a prime location with strong surrounding demographics. This is an exceptional opportunity for a business seeking a high-profile location in a dynamic and growing market. The property is located in Rock County, Wisconsin, and has a 53511 zip code. This retail space offers a significant opportunity for a business to thrive in a well-established and highly visible location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $395,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $330,000
- Mixed-Use
- $435,000
- Hospitality
- $440,000
- Educational
- $340,000
- Residential Income
- $345,000
- Energy
- $360,000
- Income-Based Land
- $350,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Beloit
- County
- Rock
- State
- Wisconsin
- Longitude
- -89.0679
- Latitude
- 42.5221
- CBSA code
- 27500
- CBSA name
- JANESVILLE, WI METROPOLITAN STATISTICAL AREA
