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    Property profile & analytics

    2787 Milwaukee Rd Beloit, WI 53511-6919

    • Strip malls
    • 16,036 SF
    • 1.78 lot acres
    OFF-MARKET
    Value Estimation
    $5,425,000
    Last Sale
    Apr 18, 2022
    $4,900,000
    Location Intelligence
    Property ID
    US92-0995052
    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

    • Pinnon Premium Meats / Butcher Shop
    • Chad Slagle O.D. / Eye Care Center / Contact Lenses Supplier
    • Shopko Optical / Eye Care Center / Contact Lenses Supplier
    • Firehouse Subs Beloit - Milwaukee Rd / Caterer / Sandwich Shop
    • GameStop / Video Game Store / Collectibles Store

    Property Details for 2787 Milwaukee Rd

    Year built
    2002
    Lot size
    1.78 lot acres
    Property size
    16,036 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    22980900
    APU
    22980900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,580,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,485,000
      6.5%
      $5,105,000
      7%
      $5,400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,440,000
      Geo Method
      $5,375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,945,000
      Retail
      $5,870,000
      Mixed-Use
      $5,715,000
      Hospitality
      $4,990,000
      Educational
      $6,125,000
      Residential Income
      $4,825,000
      Energy
      $4,400,000
      Income-Based Land
      $5,190,000
      Food Service
      $5,160,000

    Location Insight

    • Map
    • Local Demand
    City
    Beloit
    County
    Rock
    State
    Wisconsin
    Longitude
    -88.9846
    Latitude
    42.5247
    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
    $40,081
    $806,700
    $1,691,600
    $2,498,300
    -
    $0.00
    $0.00
    $2,841,600

    Comparable in this City

    • Value Estimation by Request
      7,741 SF

      2600 Branigan Rd

      SHOPPING CENTER, STRIP CENTER • 7,741 SF
      2600 Branigan Rd, Beloit, WI 53511-1981
      View Details
    • Value Estimation
      $690,000
      5,571 SF

      2630 Pr Ave

      SHOPPING CENTER, STRIP CENTER • 5,571 SF
      2630 Pr Ave, Beloit, WI 53511-2245
      View Details
    • Value Estimation by Request
      1,404 SF

      412 Liberty Ave

      SHOPPING CENTER, STRIP CENTER • 1,404 SF
      412 Liberty Ave, Beloit, WI 53511-5107
      View Details
    • Value Estimation
      $315,000
      2.04 Acres

      2950 Pr Ave

      SHOPPING CENTER, STRIP CENTER • 2.04 Acres
      2950 Pr Ave, Beloit, WI 53511-1899
      View Details
    • Value Estimation by Request
      9,642 SF

      1402 Willowbrook Rd

      SHOPPING CENTER, STRIP CENTER • 9,642 SF
      1402 Willowbrook Rd, Beloit, WI 53511
      View Details
    • Value Estimation by Request
      2,600 SF

      1301 Keeler Ave

      SHOPPING CENTER, STRIP CENTER • 2,600 SF
      1301 Keeler Ave, Beloit, WI 53511
      View Details

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    Similar Nearby for Lease

    • $25 SF/Yr
      7,848 SF

      Beloit Retail Space for Lease

      High-visibility retail space near major highways.
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      View Details
    • $12 SF/Yr
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      High-traffic retail space available.
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    • Contact for pricing
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      High-visibility retail space available in Beloit, WI.
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      View Details
    • $12 SF/Yr

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      Retail spaces available in high-visibility Beloit shopping center.
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    • $20 SF/Yr
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      Prime Beloit Retail Space

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    • Contact for pricing
      24,829 SF

      Park Avenue Retail Development Opportunity

      Prime 1-acre retail site in Rock County.
      1237 Park Ave, Beloit, WI 53511
      View Details
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    2787 Milwaukee Rd
    Beloit, WI 53511-6919
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    Realmo Value Estimation

    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.

    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.

    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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