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Property profile & analytics
OFF-MARKET
Estimated value
$3,680,000
Commercial real estate
222 Academy St Janesville, WI 53548-3611
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-1100744
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2002
Total area
9,286 SF
Lot
1.11 ac (48,526 SF)
Zoning code
M3
APN
136100309
UPID
US92-1100744
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
Current use
Occupant on record · Public records
-
Social Security Administration Social Security Office Federal Government Office
-
Social Security Office Phone Number Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.68M
Owner & transaction history
Spectrum Grande LLC · 4 yrs held
Spectrum Grande LLC
since 2022
Last sale
$3.0M
4 recorded transactions
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
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Janesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Janesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,680,000
ML approach
$3,515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.68M
Range $3.31M – $4.05M · ±10% · vs last sale $3.00M (Aug 8 2022)
Last sale anchor
$3.00M
Aug 8 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$396 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,086
Tax year 2023
Assessed value
$2,778,800
Assessed 2023
Previous assessed
$1,133,900
+145.1% YoY
Effective rate
1.73%
On assessed value
Assessed land
$155,200
Assessed improvement
$2,623,600
Applied tax rate
241.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2002
Heating
PACKAGE
Stories
1
Total area
9,286 SF
Lot
1.11 ac (48,526 SF)
Zoning code
M3
APN
136100309
UPID
US92-1100744
Jurisdiction
ROCK
Zoning & alternative use
M3 · Janesville, WIZoning M3 · permitted uses
M3 · Janesville, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · 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
Building & site characteristics
From public records
Year built
2002
Heating
PACKAGE
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Spectrum Grande LLC
Entity
Mailing address
82545 SHOWCASE PKWY, INDIO, CA 92203-9652
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2022
$3,000,000
Spectrum Grande LLC
Lydia Limited LLC
Special Warranty Deed
$2,042,550 · Atlanta Postal Cu
Dec 8, 2017
—
Lydia Limited LLC
—
Deed
related
$1,432,500 · Great Lakes Cu
Apr 3, 2017
—
Lydia Limited LLC
—
Deed
related
$319,989 · Shelley R Dennis
Feb 6, 2015
$1,150,000
Lydia Limited LLC
Vfc Properties 23 LLC
Warranty Deed
$850,000 · Blackhawk Community Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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