1909 Ct St Janesville, WI 53548-3417
This exceptional 1.6-acre commercial land parcel presents a prime ground lease opportunity in Janesville, Wisconsin. Located at 1909 W. Court St, this property boasts 69,696 square feet of land zoned B-3, offering significant development potential for various commercial uses, including retail, quick-service restaurants (QSR), drive-thrus, and build-to-suit projects. The site benefits from exceptional visibility and frontage on a high-traffic street, averaging 11,424 vehicles daily. Its strategic location places it adjacent to a Walgreens and directly across from a CVS Pharmacy, Chase Bank, and other established businesses. The property is conveniently situated within a 3-mile radius encompassing a population of 41,268 residents. All utilities are available on-site, simplifying development plans. This is an unparalleled chance to capitalize on a thriving commercial corridor in a densely populated area. The single-tenant zoning allows for focused development and streamlined operations. This property offers a unique blend of accessibility, visibility, and established commercial surroundings, making it an ideal investment for discerning developers.
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
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
Property description
Physical attributes from public recordsZoning & alternative use
B3 · Janesville, WIThe 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
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.