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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2237 Liberty Ave Beloit, WI 53511-4032

    • Warehouses
    • 1,500 SF
    • 0.43 lot acres
    OFF-MARKET
    Last Sale
    Feb 17, 2021
    $35,000
    Value Estimations
    $55,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-0789763
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 2237 Liberty Ave

    Year built
    1950
    Lot size
    0.43 lot acres
    Property size
    1,500 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    12750005
    APU
    12750005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $70,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $45,000
      Market price range: $34.7k - $113k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $75,000
      Current use
      AUTO REPAIR, GARAGE
      $115,000
      Change: +50% Conversion: Easy
      OFFICE BUILDING
      $110,000
      Change: +48% Conversion: Difficult
      RETAIL STORES
      $95,000
      Change: +26% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Beloit
    County
    Rock
    State
    Wisconsin
    Longitude
    -89.0707
    Latitude
    42.5111
    CBSA code
    27500
    CBSA name
    JANESVILLE, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $634
    $24,400
    $17,300
    $41,700
    -
    $0.00
    $0.00
    $47,400

    Comparable in this City

    • Value Estimation
      $70,000
      0.58 Acres

      1966 Nelson Ave

      MINI-WAREHOUSE, STORAGE • 0.58 Acres
      1966 Nelson Ave, Beloit, WI 53511-3054
      View Details
    • Value Estimation
      $310,000
      3,618 SF

      315 Short St

      MINI-WAREHOUSE, STORAGE • 3,618 SF
      315 Short St, Beloit, WI 53511-6342
      View Details
    • Value Estimation
      $265,000
      1,375 SF

      636 Grand Ave

      MINI-WAREHOUSE, STORAGE • 1,375 SF
      636 Grand Ave, Beloit, WI 53511-6316
      View Details
    • Value Estimation
      $250,000
      832 SF

      1514 Henry Ave

      MINI-WAREHOUSE, STORAGE • 832 SF
      1514 Henry Ave, Beloit, WI 53511-3641
      View Details
    • Value Estimation by Request
      0.62 Acres

      3101 Colley Rd

      MINI-WAREHOUSE, STORAGE • 0.62 Acres
      3101 Colley Rd, Beloit, WI 53511
      View Details
    • Value Estimation
      $285,000
      1.28 Acres

      Beloit, WI 53511

      MINI-WAREHOUSE, STORAGE • 1.28 Acres
      Beloit, WI 53511
      View Details

    Similar Nearby for Sale

    • $1,400,000
      21,332 SF

      Industrial Portfolio with Crane Systems

      Two industrial buildings with cranes and yard space for sale.
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    • $375,000

      Commercial Warehouse in Beloit, WI

      Commercial warehouse property in Beloit, WI, with versatile space.
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      Beloit, WI: 103 Acres Development Land

      Prime 103-acre site; flexible zoning; high traffic area.
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    • New
      $91,000
      5,054 SF

      Versatile Commercial Building in Beloit

      Commercial property with loading bay, garage, and neighborhood commercial zoning.
      2016 Liberty Ave, Beloit, WI 53511
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    • $125,000
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      Beloit Commercial Land: Prime Location

      0.34-acre commercial lot, ideal investment.
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    • Contact for pricing

      Prime Beloit Land - Park Ave.

      High-visibility land, ideal for various uses.
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    Similar Nearby for Lease

    • Contact for pricing
      48,962 SF

      Industrial Facility with Logistical Advantages

      Industrial facility offering logistical advantages with access to major interstates.
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      View Details
    • Contact for pricing
      93,779 SF

      Ironworks: Premier Industrial Space

      93,779 SF Office/Warehouse, Rock County
      801 4Th St, Beloit, WI 53511
      View Details
    • $6 SF/Yr
      11,279 SF

      Beloit Warehouse Space Available

      11,279 SF warehouse space for lease in Beloit.
      1431 Manchester St, Beloit, WI 53511
      View Details
    • Contact for pricing
      118,452 SF

      Beloit Warehouse Space Available

      Available warehouse space in Beloit, Wisconsin totaling 118,452 square feet.
      1 Reynolds Dr, Beloit, WI 53511
      View Details
    • Contact for pricing
      390,000 SF

      Gateway Business Park: Beloit, WI

      390,000 SF Industrial Space Available
      720 Gateway Blvd, Beloit, WI 53511
      View Details
    • $12 SF/Yr
      73,446 SF

      Morgan Square Retail Center

      High-traffic retail space available.
      1810 Sutler Ave, Beloit, WI 53511
      View Details
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    2237 Liberty Ave
    Beloit, WI 53511-4032
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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