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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Turn key restaurants
1262 John Q Hammons Dr Madison, WI 53717-1940
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-3480636
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1996
Total area
9,575 SF
Lot
3.72 ac (162,043 SF)
Zoning code
SEC
APN
0708-151-0305-0
UPID
US92-3480636
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$2.20M
Owner & transaction history
Gialamas Properties LLC · 6 yrs held
Gialamas Properties LLC
since 2020
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
SEC · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.4M
+5.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,575,000
ML approach
$2,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,190,000
Current use
RETAIL STORES
$3,360,000
Change: +5% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,815,000
Change: -12% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,700,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.20M
Range $1.98M – $2.42M · ±10% · vs last sale $1.78M (May 14 2020)
Last sale anchor
$1.78M
May 14 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$230 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$35,054
Tax year 2022
Assessed value
$1,868,600
Assessed 2023
Previous assessed
$1,868,600
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$1,818,600
Assessed improvement
$50,000
Applied tax rate
3,549.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Total area
9,575 SF
Lot
3.72 ac (162,043 SF)
Zoning code
SEC
APN
0708-151-0305-0
UPID
US92-3480636
Jurisdiction
DANE
Zoning & alternative use
SEC · Madison, WI
Zoning SEC · permitted uses
SEC · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$3.2M
RETAIL STORES
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RESTAURANT Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Lot
3.72 ac
Current owner
From public records · entity-resolved
Gialamas Properties LLC
Entity
Mailing address
8040 EXCELSIOR DR STE #200, MADISON, WI 53717-1338
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2023
—
Gialamas Properties LLC
—
Deed
related
$1,513,000 · Old Sauk Trails Park Ls
May 14, 2020
$1,782,400
Gialamas Properties LLC
Capitol L Cuisine LLC
Warranty Deed
$1,513,000 · George T Gialamas
Jul 29, 2013
—
J & P Anderson LLC
Anderson J K & J A Trust
Quit Claim Deed
related
—
—
—
Capitol Cuisine LLC
—
Deed Of Trust
related
$500,000 · Settlers Bank
—
—
Capitol Cuisine LLC
—
Deed Of Trust
related
$377,677 · Anderson J K & P A Trust (rt)
—
—
Capitol Cuisine LLC
—
Deed Of Trust
related
$150,000 · First Business Bank
—
—
Capitol Cuisine LLC
—
Deed Of Trust
related
$75,000 · First Business Bank
—
—
Capitol Cuisine LLC
—
Deed Of Trust
related
$7,033,690 · First Business Bank
—
—
Capitol Cuisine LLC
—
Deed Of Trust
related
$500,000 · Settlers Bank
—
—
Capitol Cuisine LLC
—
Deed Of Trust
related
$7,000,000 · Settlers Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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