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Property profile & analytics
FOR LEASE
Office buildings

2797 Prairie Ave Beloit, WI 53511

5,301 SF 0.49 ac lot Built 1982
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US92-1234285
Property summary
AI-generated overview

This well-maintained, multi-tenant professional center at 2797 Prairie Ave, Beloit, WI 53511, offers exceptional office space opportunities. The building totals 5,301 square feet and sits on a 0.49-acre lot, conveniently located near W Hart Rd. The property is zoned C-3 and features three total suites, with a minimum divisible space of 2,208 square feet. Currently, 2,008 square feet are vacant, offering immediate occupancy potential for businesses seeking flexible space options ranging from 600 to 2,208 square feet. The building boasts ample parking, excellent signage visibility, and well-maintained facilities. Its strategic location provides easy access to essential amenities and services, including the Beloit Hospital, Beloit Clinic, Cube Smart Storage, Pizza Hut, and Scooters Coffee, ensuring a convenient and thriving business environment. This is an ideal opportunity for businesses seeking a professional and accessible location in Beloit. The property is classified as Office and Land, with a Commercial subtype and multiple tenancy.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Total area 5,301 SF
Lot 0.49 ac (21,301 SF)
APN 21861500
UPID US92-1234285
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
  • Customs Cove (Bike/Boat/Book/etc) Store
  • Asian Massage Alternative Medicine Practice Spa & Massage Center
  • Edward Jones - Financial Advisor: Tammy M Schindler Financial Advisor
  • Dr. Cheryl Peterson Pediatrician Physician
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
Mick & Faith Properties LLC · 3 yrs held
Mick & Faith Properties LLC
since 2023
Last sale
$425,000
1 recorded transaction
2023
$425,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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