Janesville, WI 53547,4704 Drott Dr
Listed by Mahler Sotheby's International Realty
Bought with NON MLS

$5,800,000

$6,400,000

9.4%
Est.Price: ?

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Est. payment /mo

78,480 SqFt


SOLD DATE : 10/17/2025

Key Details

Sold Price $5,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 78,480 sqft

Price per Sqft $73

MLS Listing ID 1915783

Sold Date 10/17/25

Year Built 2000

Annual Tax Amount $51,449

Tax Year 2024

Lot Size 5.500 Acres

Acres 5.5

Property Description

Earn immediate cash flow with this reputable self-storage business. Located off Hwy 14 on the east side of Janesville close to the interstate and main highways. There are 78,480 NLSF spanning over 10 buildings. The 419 total storage units' range in size from 5x10 to 11x40, averaging 187 SQFT per unit. Currently at 92.8 pct. physical occupancy with annual NOI of approximately $487,000 and 81.6 pct. economic occupancy with potential of $530,500 NOI at max capacity. Janesville is centrally located between Madison, Milwaukee, Rockford and Racine and has a population of over 66,000.

Location

State WI

County Rock

Zoning M1

Rooms

Basement None

Interior

Heating Other

Cooling Other

Flooring No

Exterior

Exterior Feature Steel Siding

Garage Spaces 20.0

Roof Type Metal,Other

Building

Water Municipal Sewer, Municipal Water

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Metro MLS IDX  (Broker Only)
Sona Olson

+1(608) 770-1896

sona@therealbrokerage.com

2005 W Beltline Hwy, Suite 103, Madison

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