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Property profile & analytics
OFF-MARKET
Commercial land

200 Ctr Ave Janesville, WI 53548-4631

3.14 ac lot Built 1910
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US92-1223938
Property summary
AI-generated overview

This exceptional 3.13-acre commercial lot is ideally situated in Janesville, Wisconsin, offering unparalleled visibility and accessibility. Located near the heart of downtown, this vacant parcel benefits from significant daily traffic, with Department of Transportation data indicating 10,000 to 15,000 vehicles passing by daily in 2023. This translates to substantial exposure for any future development, making it an attractive investment for businesses seeking high visibility. The property is already prepared for construction, featuring stubbed-out utilities including a 6-inch water lateral and an 8-inch sewer lateral, significantly reducing upfront development costs and expediting the building process. This prime location presents a rare opportunity to establish a thriving business in a bustling area with strong potential for growth. The asking price for this exceptional property is $599,000. Don't miss this chance to secure a prominent location in a vibrant and growing community. Serious inquiries only.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1910
Lot 3.14 ac (136,648 SF)
Zoning code M3
APN 135300415
UPID US92-1223938
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dedicated Properties LLC · 3 yrs held
Dedicated Properties LLC
since 2022
Last sale
$225,000
1 recorded transaction
2022
$225,000
Zoning & alternative use
M3 · Janesville, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The M3 Central Light Industrial District is designed to accommodate industrial activities that are substantially hazard and nuisance free, and commercial activities located around the central core of the City

Zone name Central Light Industrial District
General category INDUSTRIAL
Zone area 87.44 ac
Source Realmo
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