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    Property profile & analytics

    123 Main St Madison, WI 53703-3207

    • Investment properties
    • 1,772 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Dec 10, 2021
    Location Intelligence
    Property ID
    US92-1106068
    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

    • Klein Law LLC / Real Estate Attorney / Estate Planning Attorney
    • Adorable IO / Website Designer / Consultant
    • Empire Realty Co Inc / Real Estate Agency / Education
    • 8th Light, Inc. / Software Company
    • ATM (BMO Harris Bank) / Atm

    Property Details for 123 Main St

    Year built
    1875
    Lot size
    0.05 lot acres
    Property size
    1,772 SF
    Zone code
    DC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0709-231-1907-2
    APU
    70923119072

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $485,000
      6.5%
      $475,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $540,000
      Mixed-Use
      $550,000
      Hospitality
      $425,000
      Educational
      $420,000
      Residential Income
      $565,000
      Energy
      $545,000
      Income-Based Land
      $440,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3848
    Latitude
    43.0723
    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
    $8,137
    $110,000
    $184,000
    $294,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,456 SF

      408 Baldwin St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,456 SF
      408 Baldwin St, Madison, WI 53703-4805
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    • Value Estimation by Request
      1,212 SF

      2 Bedford St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,212 SF
      2 Bedford St, Madison, WI 53703-2624
      View Details
    • Value Estimation by Request
      3,655 SF

      425 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,655 SF
      425 State St, Madison, WI 53703-2022
      View Details
    • Value Estimation by Request
      3,264 SF

      627 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,264 SF
      627 State St, Madison, WI 53703-1015
      View Details
    • Value Estimation by Request
      55,117 SF

      311 Frances St

      OFFICE/RESIDENTIAL (MIXED USE) • 55,117 SF
      311 Frances St, Madison, WI 53703-1970
      View Details
    • Value Estimation by Request
      3,207 SF

      223 Gilman St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,207 SF
      223 Gilman St, Madison, WI 53703-1809
      View Details

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    Similar Nearby for Lease

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      Madison Executive Office Suites

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      Office space available for lease in Madison, Wisconsin.
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    • $25 SF/Yr
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      Historic Office Space Available

      Office space in historic building, suitable for various businesses.
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      View Details
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    123 Main St
    Madison, WI 53703-3207
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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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