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3912 N Hackbarth Rd Janesville, WI 53548

Commercial real estate Google Maps
7,892 SF 1.75 ac lot Built 1952
Entity Owned ~ Est. High Equity
Estimated value (blended)
$230k
Range $207k – $253k (±10%)
Property ID US92-1236558

Property summary

AI-generated overview

This exceptional 7,892 square foot commercial property located at 3912 N Hackbarth Road, Janesville, Wisconsin, presents a unique investment opportunity. Situated on a 1.75-acre lot, this charming retro-style motel boasts 23 individual units, offering significant rental income potential. Beyond the rental revenue stream, the property's appeal extends to vacationers, promising a diverse income base. The motel features attractive amenities including a hot tub and a covered patio, enhancing guest experience. A productive vegetable garden adds a unique touch, and on-site manager/owner living quarters provide convenient oversight. While some upgrades are needed, the property's strong foundation and considerable potential make it an attractive proposition for savvy investors. The asking price is $900,000. This is a chance to acquire a well-located property with substantial upside in a desirable Wisconsin market. The property's existing infrastructure and amenities provide a solid base for future growth and profitability. Serious inquiries are encouraged to explore this promising investment opportunity further.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1952
Total area 7,892 SF
Lot 1.75 ac (76,230 SF)
APN 6-8-135.3
UPID US92-1236558

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2026
5 recorded transactions
2026
$657,000
2020
Price N/A
2019
Price N/A
2018
Price N/A
2015
$595,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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