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    1208 Broadway Monona, WI 53716

    • Commercial real estate
    • 0.41 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US92-0549601
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1208 Broadway

    Lot size
    0.41 lot acres
    Property type
    Commercial real estate
    APN
    0710-281-2240-2
    APU
    71028122402

    Description

    Exceptional opportunity to acquire 3.73 acres of commercially zoned land in Monona, Wisconsin. This property comprises three contiguous parcels (2.01, 1.31, and 0.41 acres) offering high visibility at the intersection of East Broadway and South Stoughton Road. Its strategic location provides excellent access to Beltline Highway 12/18, being near the first lit intersection off the highway, ensuring significant traffic exposure for any development. The land is situated within a Tax Incremental District, potentially offering advantageous tax benefits. A certified survey map is available for review. The sale price is $13.95 per square foot. This prime location presents a rare chance to develop a thriving commercial venture in a high-traffic area with excellent visibility and access to major transportation routes. The property's zoning allows for a wide range of commercial uses, making it an attractive investment for businesses seeking a prominent location in a growing community. Don't miss this chance to secure this exceptional commercial land opportunity in Dane County. Contact us today to learn more.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $375,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $410,000
      Mixed-Use
      $455,000
      Hospitality
      $450,000
      Educational
      $330,000
      Residential Income
      $445,000
      Energy
      $420,000
      Income-Based Land
      $405,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Monona
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3129
    Latitude
    43.0477
    CBSA code
    31540
    CBSA name
    MADISON, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $4,652
    $133,200
    $121,000
    $254,200
    -
    $0.00
    $0.00
    $261,300

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      0.35 Acres

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    1208 Broadway
    Monona, WI 53716
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    Realmo Value Estimation

    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.

    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.

    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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