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    1200 Springdale St Mount Horeb, WI 53572

    • Commercial real estate
    • 2.14 lot acres
    For Lease
    View listing
    $13 SF/Yr
    Value Estimation
    $2,045,000
    Last Sale
    Dec 07, 2021
    $1,657,500
    Location Intelligence
    Property ID
    US92-1499419
    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 1200 Springdale St

    Year built
    1970
    Lot size
    2.14 lot acres
    Property type
    Commercial real estate
    APN
    0606-121-7033-7
    APU
    60612170337

    Description

    Viking Plaza, located at 1200 Springdale St, Mount Horeb, WI 53572, offers 13,875 square feet of flexible commercial space currently available for lease. This multi-tenant property, situated in Dane County, is ideal for a variety of businesses seeking adaptable space. The building, originally constructed in 1970 and extensively renovated in 2024, presents a blend of modern amenities and classic charm. Units range from a minimum of 2,500 square feet to a maximum contiguous space of 11,375 square feet, providing flexibility for businesses of various sizes. The entire 13,875 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual units. The property's classification as both retail and industrial makes it suitable for a wide range of uses. Its location in Mount Horeb, Wisconsin offers convenient access to local amenities and transportation routes. This fully renovated space provides a fresh and updated environment for any business looking to establish or expand its operations in a thriving Dane County location. Interested parties should inquire about lease terms and availability.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,715,000
      6.5%
      $1,745,000
      7%
      $1,540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,555,000
      Geo Method
      $1,930,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,590,000
      Retail
      $1,650,000
      Mixed-Use
      $1,345,000
      Hospitality
      $1,675,000
      Educational
      $1,330,000
      Residential Income
      $1,790,000
      Energy
      $1,295,000
      Income-Based Land
      $1,735,000
      Food Service
      $1,525,000

    Location Insight

    • Map
    • Local Demand
    City
    Mount Horeb
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.725
    Latitude
    43.0107
    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
    $30,024
    $471,000
    $1,481,800
    $1,952,800
    -
    $0.00
    $0.00
    $0.00

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    1200 Springdale St
    Mount Horeb, WI 53572
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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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