3005 Riverside Dr

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3005 Riverside Dr

Beloit, WI 53511
Asking Price
$280K
Asset Type
Land
Class
Class B

What's Special

3005 Riverside Drive is situated along a primary commercial corridor in Beloit, Wisconsin, offering high visibility and direct frontage on Wisconsin State Highway 51. The surrounding neighborhood features a mix of established industrial facilities, retail centers, and residential communities. The location provides efficient logistical access, positioned just minutes from the Interstate 39/90 interchange, which connects the property to major Madison, Janesville, and Rockford markets. Local amenities include nearby fuel stations, dining options, and professional services catering to the regional workforce. The site is suited for commercial or light industrial development, aligned with the area’s existing zoning and infrastructure. Ideal use cases include equipment storage, small-scale distribution, or specialized retail services requiring high traffic exposure. A typical tenant profile would consist of regional logistics providers, contractors, or developers seeking a strategic foothold within the Rock County market. The level topography and proximity to municipal utilities provide a functional foundation for diverse business applications and long-term land utilization.

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NOI
$80,000
Cap Rate
28.57%
DSCR
4.81
Strong
Cash-on-Cash
75.45%
Monthly Payment
$1,385.287
Annual Cash Flow
$63,376.553

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