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Property profile & analytics
OFF-MARKET
Estimated value
$4,915,000
Office buildings
1289 Deming Way Madison, WI 53717-2007
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-0077798
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
2001
Total area
33,900 SF
Lot
2.29 ac (99,927 SF)
Zoning code
SEC
APN
0708-151-0407-4
UPID
US92-0077798
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
Current use
Occupant on record · Public records
-
Dean Health Innovation Center Corporate Office
-
The Frugal Broker Real Estate Agency
-
Restore MD Medical Clinic
-
Matthew Garvin Pharmacy
-
Cyclin Pharmaceuticals, Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.92M
Owner & transaction history
8101 LLC · 6 yrs held
8101 LLC
since 2019
7 recorded transactions
Zoning & alternative use
SEC · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,835,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,505,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$4.92M
Range $4.42M – $5.41M · ±10%
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
$145 / 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
$84,473
Tax year 2022
Assessed value
$4,486,000
Assessed 2023
Previous assessed
$4,486,000
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$550,000
Assessed improvement
$3,936,000
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
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2001
Heating
NONE
Stories
2
Total area
33,900 SF
Lot
2.29 ac (99,927 SF)
Zoning code
SEC
APN
0708-151-0407-4
UPID
US92-0077798
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
OFFICE BUILDING Current
Est. value
$7.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Heating
NONE
Stories
2
Lot
2.29 ac
Current owner
From public records · entity-resolved
8101 LLC
Entity
Mailing address
8040 EXCELSIOR DR STE #200, MADISON, WI 53717-1338
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Gialamas Properties LLC
—
Deed
related
$10,900,000 · Settlers Best Cu
Dec 27, 2019
$1,043,800
8101 LLC
Gialamas Properties LLC
Warranty Deed
—
Dec 27, 2019
—
8101 LLC
—
Deed
related
$4,359,141 · Associated Bk
May 4, 2018
—
Gialamas Properties LLC
—
Deed
related
$4,500,000 · Associated Bk NA
Oct 22, 2012
$3,650
1289 Deming Way LLC
Deming Gv LLC
Warranty Deed
$3,230,000 · Park Bank
Sep 27, 2006
$5,500,000
Deming Gv LLC
Glacial View LLC
Warranty Deed
$4,070,000 · Goldman Sachs Commercial Mortgage C
—
—
8101 LLC
—
Loan Modification
related
$4,359,141 · Associated Bk
—
—
1289 Deming Way LLC
—
Deed Of Trust
related
$3,360,000 · Park Bank
—
—
Gialamas Properties LLC
—
Loan Modification
related
$4,500,000 · Associated Bk NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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