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Property profile & analytics
OFF-MARKET
Commercial land
405 Main St Janesville, WI 53545-4809
Entity Owned
6-yr Hold
Free & Clear
Property ID
US92-0209887
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1917
Total area
2,376 SF
Lot
0.12 ac (5,053 SF)
Zoning code
O2
APN
136300227
UPID
US92-0209887
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Forward Foundation INC · 6 yrs held
Forward Foundation INC
since 2019
2 recorded transactions
Zoning & alternative use
O2 · Janesville, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The O2 Central Office/Residence District is developed to accommodate office buildings, civic and governmental structures, educational and institutional structures, and certain art related uses in a compatible setting with residences, particularly high density apartments, located in the Central City
Zone name
Central Office Residence District
General category
CIVIC_INSTITUTIONAL
Zone area
45.83 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$263
Tax year 2023
Assessed value
$15,200
Assessed 2023
Previous assessed
$15,200
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$15,200
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1917
Heating
SPACE
Cooling
YES
Stories
2
Rooms
10
Bathrooms
4
Total area
2,376 SF
Lot
0.12 ac (5,053 SF)
Zoning code
O2
APN
136300227
UPID
US92-0209887
Jurisdiction
ROCK
Zoning & alternative use
O2 · Janesville, WIZoning O2 · permitted uses
O2 · Janesville, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The O2 Central Office/Residence District is developed to accommodate office buildings, civic and governmental structures, educational and institutional structures, and certain art related uses in a compatible setting with residences, particularly high density apartments, located in the Central City
Zone name
Central Office Residence District
General category
CIVIC_INSTITUTIONAL
Zone area
45.83 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1917
Heating
SPACE
Cooling
Yes
Stories
2
Rooms
10
Bathrooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
Forward Foundation INC
Entity
Free & Clear · 6 yrs held
Mailing address
14 S JACKSON ST, JANESVILLE, WI 53548-3877
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2019
$31,000
Forward Foundation INC
Janesville City
Warranty Deed
—
May 27, 2016
—
Dale A Short
Carnie B Short
Intrafamily Transfer
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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