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    427 Riv St Belleville, WI 53508-9777
    Property profile & analytics

    427 Riv St, Belleville, WI 53508-9777

    View on Map

    • Commercial real estate
    • 5,840 SF
    • 0.61 lot acres
    Off-Market
    Last Sale Dec 3, 2021
    $1,560,000
    Property ID
    US92-0314098
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,505,000
    Show details
    Cap Rate Potential
    3.6%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 427 Riv St

    Year built
    1979
    Lot size
    0.61 lot acres
    Property type
    Commercial real estate
    APN
    0508-342-9500-8
    APU
    50834295008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 3, 2021 $1,560,000 375 River Street LLC Greatness LLC Warranty Deed —
    Dec 3, 2020 $990,000 Greatness LLC Olson Trust Warranty Deed $968k · Bank Of Deerfield
    Sep 22, 2020 — Olson Trust Barbara D Olson Quit Claim Deed · related —
    Sep 21, 2020 — Barbara D Olson Wilkins Trust Quit Claim Deed · related —
    Jul 2, 2019 — Wilkins Trust Wilkins,thomas I Quit Claim Deed · related —
    May 19, 2006 $100,000 Amcore Bank NA Schindler,frieda W Warranty Deed —
    May 19, 2006 $342,200 Thomas I Wilkins Amcore Bank NA Warranty Deed $600k · Union Bank & Trust

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,990,000
      ML approach
      $1,970,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,185,000
      6.5%
      $1,090,000
      7%
      $1,015,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,566,000
      Market price range: $605k - $1.87M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,110,000
      Current use
      RETAIL STORES
      $2,050,000
      Change: +85% Conversion: Easy
      RESTAURANT
      $1,945,000
      Change: +75% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,645,000
      Change: +48% Conversion: Difficult
      OFFICE BUILDING
      $1,350,000
      Change: +22% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,120,000
      Change: +1% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5336
    Latitude
    42.8675
    CBSA code
    31540
    CBSA name
    MADISON, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $12,202
    $112,500
    $395,000
    $507,500
    -
    $0.00
    $0.00
    $677,500
    More about this property
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