2660 Prairie AveBeloit, WI 53511

  • Commercial land
  • 1.51 AC

Property Details for 2660 Prairie Ave

Lot size
1.51 AC
Property type
Commercial land
APN
11341510
APU
11341510

Description

This exceptional 0.7-acre commercial land parcel presents a unique investment opportunity in Beloit, Wisconsin. Situated on Prairie Avenue, this property offers unparalleled visibility and accessibility. The site provides full access to Prairie Avenue, ensuring convenient ingress and egress for any future development. A significant advantage is the proximity to a new Starbucks currently under construction on an adjacent lot, slated to open in the second quarter of 2025. This high-profile neighbor will undoubtedly enhance the property's value and attract significant foot traffic. The land is suitable for a variety of commercial uses, including ground lease, build-to-suit projects, or outright purchase. The address is 2660 Prairie Ave, Beloit, WI 53511, located in Rock County. This prime location offers businesses the chance to capitalize on the growing commercial activity in the area. The property's strategic positioning and the impending arrival of a major national brand make this an exceptional opportunity for investors and developers seeking a high-impact commercial venture in a thriving Wisconsin community. The site's 0.7-acre size provides ample space for a variety of development options, catering to diverse business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $25,326,200
    Retail / Commercial
    $12,833,700
    Mixed-Use / Specialty
    $12,667,000
    Hospitality / Lodging
    $9,135,920
    Office
    $12,465,800
    Institutional / Educational
    $13,125,300
    Residential Income
    $15,356,700
    Multifamily
    $19,088,400
    Automotive / Energy
    $11,250,300
    Parking / Income-Based Land
    $4,001,820
    Restaurant / Food Service
    $6,330,110
    Healthcare / Senior Housing
    $13,113,800

Location Insight

City
Beloit
County
Rock
State
Wisconsin
Latitude
42.5431
Longitude
-89.0124
CBSA code
27500
CBSA name
JANESVILLE, 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
2023
$2,332
$145,200
-
$145,200
-
-
-
$165,200

FAQs

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