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Property profile & analytics
OFF-MARKET
Estimated value
$3,325,000
Commercial real estate
1401 Springdale St Mount Horeb, WI 53572-2067
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-1486699
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Lot
1.99 ac (86,467 SF)
APN
0606-124-0030-1
UPID
US92-1486699
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
$3.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.33M
Owner & transaction history
Ss 1401 Springdale Street LLC · 2 yrs held
Ss 1401 Springdale Street LLC
since 2024
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
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 Mount Horeb submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Horeb 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
$3,325,000
ML approach
$3,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.33M
Range $2.99M – $3.66M · ±10% · vs last sale $3.32M (Jul 3 2024)
Last sale anchor
$3.32M
Jul 3 2024
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
—
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
$56,840
Tax year 2022
Assessed value
$3,692,800
Assessed 2023
Previous assessed
$2,500,000
+47.7% YoY
Effective rate
1.54%
On assessed value
Assessed land
$447,800
Assessed improvement
$3,245,000
Applied tax rate
3,794.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2008
Heating
NONE
Lot
1.99 ac (86,467 SF)
APN
0606-124-0030-1
UPID
US92-1486699
Jurisdiction
DANE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Lot
1.99 ac
Current owner
From public records · entity-resolved
Ss 1401 Springdale Street LLC
Entity
Mailing address
1345 AVE OF THE AMERICAS FL #32, NEW YORK, NY 10105-0302
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2024
$3,323,700
Ss 1401 Springdale Street LLC
Bsprt Walgreens Portfolio 23 LLC
Special Warranty Deed
$57,750,000 · Bsprt Cre Finance LLC
Apr 12, 2023
—
Bsprt Walgreens Portfolio 23 LLC
Ibf Properties LLC
Warranty Deed
—
Apr 22, 2022
—
Ibf Properties LLC
—
Deed
related
$149,700,000 · Benefit Street Partners Realty Trust INC
Mar 18, 2022
$3,692,900
Ibf Properties LLC
Custom Pharmacy Sale Leaseback LLC
Special Warranty Deed
$70,326,550 · Revere Tactical Opportunities
Apr 1, 2014
$3,379,900
Custom Pharmacy Sale Leaseback LLC
Waltrust Properties INC
Special Warranty Deed
$45,425,606 · Parkway Bank & Trust Co
Feb 12, 2008
$3,722,000
Waltrust Properties INC
Mt Horab Perimeter INC
Warranty Deed
—
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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