3030 Ford St, Unit Beloit Beloit, WI 53511
- Commercial real estate
- 0.72 lot acres
Current Use by Public Records
- Popeyes Louisiana Kitchen / Fast Food Restaurant
Property Details for 3030 Ford St
- Lot size
- 0.72 lot acres
- Property type
- Commercial real estate
- APN
- 22910010
- APU
- 22910010
Description
This exceptional 1.21-acre commercial land parcel presents a remarkable investment opportunity in Beloit, Wisconsin. Strategically located at 3030 Ford Street, this property offers unparalleled visibility and accessibility, situated directly off the I-39/90/I-43/Milwaukee Rd (WI-81) interchange. The site benefits from exceptional daily traffic counts, boasting 13,900 vehicles passing on Milwaukee Road and an impressive 47,500 vehicles on I-39/90, ensuring high exposure for any commercial development. This retail pad site is part of the new Holiday Inn Express & Suites development, providing a synergistic environment and attracting a steady stream of potential customers. The property is zoned for commercial use and is ready for immediate development. The asking price for this prime location is $632,491. This represents a unique chance to capitalize on a high-traffic area with strong potential for return on investment. Don't miss this opportunity to secure a prominent position in a thriving commercial corridor. The property is located in Rock County, Wisconsin, with a Beloit zip code of 53511. The coordinates are 42.5251928 latitude and -88.9777713 longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,570,000
- 6.5%
- $2,485,000
- 7%
- $2,525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,010,000
- Geo Method
- $2,975,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,825,000
- Retail
- $2,720,000
- Mixed-Use
- $2,660,000
- Hospitality
- $2,745,000
- Educational
- $2,660,000
- Residential Income
- $2,115,000
- Energy
- $2,225,000
- Income-Based Land
- $2,465,000
- Food Service
- $2,125,000
Location Insight
- Map
- Local Demand
- City
- Beloit
- County
- Rock
- State
- Wisconsin
- Longitude
- -88.9778
- Latitude
- 42.5254
- CBSA code
- 27500
- CBSA name
- JANESVILLE, WI METROPOLITAN STATISTICAL AREA
