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    207 Cottage Grove Rd Madison, WI 53716

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    207 Cottage Grove Rd Madison, WI 53716

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    • Retail properties & Spaces
    • 2,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Diane's Draperies / (Bike/Boat/Book/etc) Store / Home Decor Store

    Property Details for 207 Cottage Grove Rd

    Property size
    2,200 SF
    Property type
    Retail properties & Spaces

    Description

    This 2,200 square foot retail space at 207 Cottage Grove Road in Madison, Wisconsin (zip code 53716) offers a fantastic opportunity for a new business. Located in a highly visible neighborhood shopping center just off Monona Drive, this single-tenant property boasts excellent street frontage. Previously occupied by Diane's Draperies, the space features a front showroom and retail area, with the majority of the remaining space currently configured as workshop space. The layout is easily adaptable

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3232
    Latitude
    43.0833

    Comparable in this City

    • Value Estimation by Request

      5417 Monona Dr

      Flex space
      5417 Monona Dr, Monona, WI 53716
      View Details
    • Value Estimation
      $7,165,000
      39,600 SF

      2202 Stoughton Rd

      DEPARTMENT STORE • 39,600 SF
      2202 Stoughton Rd, Madison, WI 53716-2854
      View Details
    • Value Estimation by Request
      117,078 SF

      6500 Monona Dr

      Lifestyle centers • 117,078 SF
      6500 Monona Dr, Monona, WI 53716
      View Details
    • Value Estimation by Request

      2017 Stoughton Rd

      Distribution properties
      2017 Stoughton Rd, Madison, WI 53716
      View Details
    • Value Estimation by Request
      2.86 Acres

      1040 Lumbermans Trl

      SHOW ROOM, WAREHOUSE • 2.86 Acres
      1040 Lumbermans Trl, Madison, WI 53716-1244
      View Details
    • Value Estimation
      $970,000
      3,840 SF

      4906 Femrite Dr

      SHOW ROOM, WAREHOUSE • 3,840 SF
      4906 Femrite Dr, Madison, WI 53716-4130
      View Details

    Similar Nearby for Sale

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      Madison Office Building - Great Visibility!

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    • $1,550,000

      Redevelopment Parcel in Monona, WI

      Prime Monona parcel suitable for redevelopment with versatile zoning.
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      Retail/Industrial Building on South Stoughton

      13,975 SF retail/industrial building available for rent.
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      Retail Building Near Beltline Interchange

      New construction retail building adjacent to Beltline interchange in Monona.
      6501 Monona Dr, Monona, WI 53716
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      0.23 Acres

      Monona Three-Unit Apartment Building

      Three-unit apartment building in Monona, Wisconsin, with remodeling.
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      Monona Drive Commercial Property

      Commercial property available for sale on Monona Drive.
      6320 Monona Dr, Monona, WI 53716
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    Similar Nearby for Lease

    • Contact for pricing

      1910-1978 S Stoughton Rd, Madison, WI 53716

      Shopping centers
      1910-1978 S Stoughton Rd, Madison, WI 53716
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    • $8 SF/Yr
      1,600 SF

      Madison Flex Space For Rent

      1,600 sq ft flex space suitable for retail or industrial.
      3025-3037 S Stoughton Rd, Madison, WI 53716
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    • $8 SF/Yr

      Flex Space on Stoughton Road

      1,600 sq ft flex space available for lease.
      3031 S Stoughton Rd, Madison, WI 53716
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    • $19 SF/Yr

      Retail Spaces on Monona Drive

      Retail spaces available with frontage and dedicated parking.
      4504-4506 Monona Dr, Madison, WI 53716
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      2,809 SF

      Retail Spaces on Monona Drive

      Retail spaces available with frontage and dedicated parking.
      4502-4522 Monona Dr, Madison, WI 53716
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    • Contact for pricing
      4,906 SF

      Retail Space in Lake Edge

      4,906 sq. ft. retail space in Lake Edge Shopping Center.
      4100-4126 Monona Dr, Madison, WI 53716
      View Details
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    207 Cottage Grove Rd
    Madison, WI 53716
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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