Property profile

2040 Washington Ave Madison, WI 53704

OFF-MARKET
Investment properties
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Property ID
US92-0807555
2,640 SF 0.09 ac Built 1930
Last sale Apr 2025·$380,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$7k
Tax billed · 2022
Assessed value · 2023$334k
Assessed land$41k
Assessed improvement$293k
Effective rate1.96%

Value estimate

· Nov 2026
$500k
$450k – $550k
AI approach$525k

Realmo valuation models over county records and 8 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 comparables8

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?
NMX
TR-U1: Traditional Residential - Urban 1 TR-U2: Traditional Residential - Urban 2 TR-R: Traditional Residential - Rustic TR-P: Traditiona...
General categoryMIXED_USE
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.7
HVAC Service10.5
Parking Facility10.2

Location

2040 Washington Ave Madison, WI 53704-5206
County assessor Recorded deeds · 3 transfers 8 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
3127 Washington, Madison, WI 53704-4380 $550,000 Sep 2024 2,240 SF
2039 Winnebago, Madison, WI 53704-5379 $1,325,000 Jan 2024 2,160 SF
3510 Washington, Madison, WI 53704-4115 $385,000 Dec 2023 2,250 SF
2016 Winnebago, Madison, WI 53704-5317 $1,330,000 Jan 2023 2,200 SF
2201 Atwood, Madison, WI 53704-5601 $1,075,000 Sep 2022 3,152 SF
3554 Washington, Madison, WI 53704-4133 $450,000 May 2021 3,011 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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