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21 & 51 Waveland Rd - Single/Mutli Family Development Land 9.23 Acres of Commercial Land Offered at $437,500 in Janesville, WI 53548
Investment Highlights
- Zoning flexibility: O-1 Office/Multiple Family and R-1 Single-Family Residential
- Nearby everyday amenities including grocery, pharmacy, hardware, restaurants, and convenience retail
- Just 0.43 miles from the Court St/Crosby Ave commercial node
- Strong residential setting near Janesville Country Club, Riverside Golf Course, and Riverside Park
Executive Summary
9.23-acre residential development opportunity on Waveland Road in Janesville, WI, just west of the Court Street/Crosby Avenue commercial node. The site includes two parcels, with 21 Waveland zoned O-1 for office/multiple family use and 51 Waveland zoned R-1 single-family residential. With nearby grocery, pharmacy, hardware, restaurants, golf, parks, and established residential neighborhoods, this property offers a practical infill opportunity for housing or a complementary mixed residential concept.
Property Facts
| Price | $437,500 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 9.23 AC |
| Zoning | R1 O1 | ||
| Price | $437,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 9.23 AC |
| Zoning | R1 O1 |
1 Lot Available
Lot
| Price | $437,500 | Lot Size | 9.23 AC |
| Price Per AC | $47,399.78 |
| Price | $437,500 |
| Price Per AC | $47,399.78 |
| Lot Size | 9.23 AC |
Two parcels sold together 9.23 combined acreage. Zoned R-1 and O-1 Parcels 0134300015 0134300016
Description
9.23 AC two-parcel development land for sale in Janesville, WI. Whether you are looking to develop a single large-scale facility or utilize the two-parcel setup for a multi-phase business park, 21 & 51 S Waveland Rd provides the versatility today’s investors demand. The property features level topography and proximity to major utility connections, streamlining the path from acquisition to vertical construction. Located near high-profile industrial neighbors and key transport routes, this is a premier opportunity to capitalize on the demand for mid- to large-scale industrial space in Rock County.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
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