Property profile

2401 American Ln Madison, WI 53704

OFF-MARKET
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Property ID
US92-1235640
8,090 SF 0.01 ac Built 1988
Last sale Aug 2022·$498,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-story office building constructed in 1988 containing 8,090 square feet total across two levels of 4,045 square feet each. The exterior has updates including a roof and siding replacement. The property is situated on a 2.25-acre site with parking capacity for 50+ vehicles. Electrical service is rated at 400 amps and provides three-phase power. The property is zoned M-1 commercial and is described as having an existing land lease; the building is configured as office space in a straightforward two-level layout.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$52
Tax billed · 2022
Assessed value · 2023$498k
Assessed improvement$498k
Effective rate0.01%

Value estimate

· Nov 2026
$545k
$491k – $600k
AI approach$610k
Submarket $/SF estimate$546k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$285/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$112 – $412
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SE
The SE District is established to encourage a broad range of employment activities including limited industrial uses conducted within enc...
General categoryINDUSTRIAL
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.5
Restaurant18.4
Dental Office16.4

Location

2401 American Ln Madison, WI 53704-3101
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4785 Hayes, Madison, WI 53704-7364 $1,750,000 Dec 2025 6,380 SF
2926 Atwood, Madison, WI 53704-5864 $1,100,000 Jul 2024 3,690 SF
2250 Pennsylvania, Madison, WI 53704-4750 $575,000 Mar 2023 3,800 SF
103 2nd, Madison, WI 53704-5216 $890,000 Jan 2023 9,866 SF
2095 Winnebago, Madison, WI 53704-5458 $2,400,000 Jun 2021 3,536 SF
2717 Atwood, Madison, WI 53704-5720 $600,000 Apr 2021 4,312 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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