Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Commercial real estate
302 Academy St Janesville, WI 53548-4671
Entity Owned
4-yr Hold
Property ID
US92-3499941
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
3,849 SF
Lot
0.22 ac (9,757 SF)
Zoning code
R2
APN
136400264
UPID
US92-3499941
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
$220k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Nabco Properties LLC · 4 yrs held
Nabco Properties LLC
since 2022
Last sale
$220,000
1 recorded transaction
Zoning & alternative use
R2 · Janesville, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R2 Limited General Residence District is designed to provide areas which are to be occupied substantially by single family and two family dwellings, This district is intended to accommodate existing platted lots with areas of 5000 through 7700 square feet to prevent numerous dwellings from becoming nonconforming and to accommodate new higher density deve…
Zone name
Limited General Residence District
General category
RESIDENTIAL
Zone area
2,012.91 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
$270,000
ML approach
$220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±10% · vs last sale $220k (May 9 2022)
Last sale anchor
$220k
May 9 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
$70 / 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
$3,828
Tax year 2023
Assessed value
$224,600
Assessed 2023
Previous assessed
$167,900
+33.8% YoY
Effective rate
1.70%
On assessed value
Assessed land
$17,100
Assessed improvement
$207,500
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
1900
Heating
HOT WATER
Cooling
YES
Stories
2
Rooms
19
Bathrooms
4
Total area
3,849 SF
Lot
0.22 ac (9,757 SF)
Zoning code
R2
APN
136400264
UPID
US92-3499941
Jurisdiction
ROCK
Zoning & alternative use
R2 · Janesville, WIZoning R2 · permitted uses
R2 · Janesville, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R2 Limited General Residence District is designed to provide areas which are to be occupied substantially by single family and two family dwellings, This district is intended to accommodate existing platted lots with areas of 5000 through 7700 square feet to prevent numerous dwellings from becoming nonconforming and to accommodate new higher density development
Zone name
Limited General Residence District
General category
RESIDENTIAL
Zone area
2,012.91 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
19
Bathrooms
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
Nabco Properties LLC
Entity
Mailing address
5101 N GRANDVIEW DR, MILTON, WI 53563-8850
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2022
$220,000
Nabco Properties LLC
Park City Rentals LLC
Warranty Deed
$187,000 · Bank Of New Glarus
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 302 Academy St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
