Property profile

1715 Madison Rd Beloit, WI 53511

OFF-MARKET
Retail space
Property ID
US92-0538214
27,768 SF 4.2 ac lot Built 1977
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Total area 27,768 SF
Lot 4.2 ac (182,865 SF)
APN 12780051
UPID US92-0538214

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Arcade & Gaming Center

Location

1715 Madison Rd Beloit, WI 53511-3216
Beloit metro Census 2100 JANESVILLE, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2021
Last sale
$290,000
2 recorded transactions
2021
Price N/A
2021
$290,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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