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Property profile & analytics
OFF-MARKET
Estimated value
$120,000
Commercial real estate
310 Academy St Janesville, WI 53548-3613
Entity Owned
5-yr Hold
Property ID
US92-3335220
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1890
Total area
2,387 SF
Lot
0.09 ac (4,008 SF)
Zoning code
R4
APN
136100139
UPID
US92-3335220
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
$140k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$120k
Owner & transaction history
James Rae Investments LLC · 5 yrs held
James Rae Investments LLC
since 2020
Last sale
$125,000
5 recorded transactions
Zoning & alternative use
R4 · Janesville, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R4 Central Residence District is primarily designed to be mapped in areas immediately surrounding the Central Business District, This district accommodates the highest residential densities and is designated in locations with direct access to convenience services, including shopping, civic functions and public transportation
Zone name
Central Residence District
General category
CIVIC_INSTITUTIONAL
Zone area
47.52 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
$120,000
ML approach
$140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$120k
Range $108k – $132k · ±10% · vs last sale $125k (Nov 5 2020)
Last sale anchor
$125k
Nov 5 2020
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
$50 / 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
$2,681
Tax year 2023
Assessed value
$158,400
Assessed 2023
Previous assessed
$111,400
+42.2% YoY
Effective rate
1.69%
On assessed value
Assessed land
$8,000
Assessed improvement
$150,400
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
1890
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
14
Bathrooms
4
Total area
2,387 SF
Lot
0.09 ac (4,008 SF)
Zoning code
R4
APN
136100139
UPID
US92-3335220
Jurisdiction
ROCK
Zoning & alternative use
R4 · Janesville, WIZoning R4 · permitted uses
R4 · Janesville, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R4 Central Residence District is primarily designed to be mapped in areas immediately surrounding the Central Business District, This district accommodates the highest residential densities and is designated in locations with direct access to convenience services, including shopping, civic functions and public transportation
Zone name
Central Residence District
General category
CIVIC_INSTITUTIONAL
Zone area
47.52 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1890
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
14
Bathrooms
4
Lot
0.09 ac
Current owner
From public records · entity-resolved
James Rae Investments LLC
Entity
Mailing address
8646 E L J TOWNLINE RD, MILTON, WI 53563-9338
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2025
—
James Rae Investments LLC
—
Deed
related
$170,000 · Farmers & Merchants Union Bank
Nov 5, 2020
$125,000
James Rae Investments LLC
Walker Properties LLC
Warranty Deed
$123,000 · Wisconsin River Bank
Mar 3, 2017
$90,000
Walker Properties LLC
Dale G Padfield
Warranty Deed
$72,000 · Wisconsin River Bank
Nov 29, 2007
$135,000
Dale G Padfield
Calmin Properties LLC
Warranty Deed
$135,000 · Badger Bank
Nov 29, 2007
—
Calmin Properties LLC
Black Olive LLC
Quit Claim Deed
related
—
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.
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