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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Manufacturing properties
401 Conde St Janesville, WI 53546-3005
Entity Owned
10-yr Hold
Property ID
US92-0232808
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Total area
30,000 SF
Lot
3.21 ac (140,002 SF)
Zoning code
M2
APN
307100018
UPID
US92-0232808
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
-
American Extractions Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$493k
Blend (final)
Blend
$595k
Owner & transaction history
Backyark Properties · 10 yrs held
Backyark Properties
since 2016
5 recorded transactions
Zoning & alternative use
M2 · Janesville, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The M2 General Industrial District is designed to accommodate those industrial activities which may produce moderate nuisances or hazards in areas that are relatively remote from residential development in areas so designated on the comprehensive plan
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
1,342.37 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
by Request
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$515,000
Current use
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
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
$20 / 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
$24,607
Tax year 2023
Assessed value
$1,423,800
Assessed 2023
Previous assessed
$1,017,600
+39.9% YoY
Effective rate
1.73%
On assessed value
Assessed land
$157,600
Assessed improvement
$1,266,200
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
Similar Nearby for Lease
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Heating
NONE
Total area
30,000 SF
Lot
3.21 ac (140,002 SF)
Zoning code
M2
APN
307100018
UPID
US92-0232808
Jurisdiction
ROCK
Zoning & alternative use
M2 · Janesville, WIZoning M2 · permitted uses
M2 · Janesville, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The M2 General Industrial District is designed to accommodate those industrial activities which may produce moderate nuisances or hazards in areas that are relatively remote from residential development in areas so designated on the comprehensive plan
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
1,342.37 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$515,000
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Lot
3.21 ac
Current owner
From public records · entity-resolved
Backyark Properties
Entity
Mailing address
202 W MAIN ST, SUN PRAIRIE, WI 53590-2908
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Apr 1, 2022
—
401 E Conde St LLC
—
Deed
related
$359,455 · United Praire Bank
Oct 5, 2021
—
401 E Conde St LLC
—
Deed
related
$1,600,000 · United Praire Bank
Oct 28, 2019
—
Backyard Properties Of Rock County
—
Deed
related
$1,400,000 · Blackhawk Bank
Jun 6, 2016
$900,000
Backyark Properties
401 E Conde St LLC
Warranty Deed
$724,839 · Blackhawk Bank
Mar 4, 2013
$650,000
401 E Conde St LLC
T J G Enterprises Ltd
Warranty Deed
$500,000 · Northbrook Bank & Trust Co
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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