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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Retail space
1403 Regent St Madison, WI 53711-2237
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US92-0365863
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1935
Total area
1,460 SF
Lot
0.1 ac (4,142 SF)
Zoning code
TSS WP-27
APN
0709-224-0501-8
UPID
US92-0365863
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
-
Thalchemy (Bike/Boat/Book/etc) Store Corporate Office
-
Chopsticks Restaurant
-
洞庭湖 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
$320k
Comparable Approach
Comparable
$556k
Blend (final)
Blend
$515k
Owner & transaction history
Edo Garden LLC · 7 yrs held
Edo Garden LLC
since 2018
5 recorded transactions
Zoning & alternative use
TSS WP-27 · 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
$365,000
CAP Approach
CAP Return
Estimation
6%
$350,000
6.5%
$320,000
7%
$300,000
Alternative Use
Use
Estimation
RETAIL STORES
$515,000
Current use
COMMERCIAL (GENERAL)
$430,000
Change: -16% · Conversion: Easy
AUTO REPAIR, GARAGE
$410,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$353 / 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
$13,588
Tax year 2022
Assessed value
$788,000
Assessed 2023
Previous assessed
$688,000
+14.5% YoY
Effective rate
1.72%
On assessed value
Assessed land
$116,000
Assessed improvement
$672,000
Applied tax rate
3,269.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1935
Heating
NONE
Stories
1
Total area
1,460 SF
Lot
0.1 ac (4,142 SF)
Zoning code
TSS WP-27
APN
0709-224-0501-8
UPID
US92-0365863
Jurisdiction
DANE
Zoning & alternative use
TSS WP-27 · Madison, WIZoning TSS WP-27 · permitted uses
TSS WP-27 · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$430,000
AUTO REPAIR, GARAGE
Est. value
$410,000
RETAIL STORES Current
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
1935
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Edo Garden LLC
Entity
Mailing address
916 EMERALD ST, MADISON, WI 53715-1614
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2022
—
Edo Garden LLC
—
Deed
related
$1,313,682 · Starion Financial
Aug 16, 2018
$688,000
Edo Garden LLC
Roger L Charly
Warranty Deed
$550,400 · John Q Liability Co
Jun 1, 2011
$470,000
Roger L Charly
Johnson,edwin J & Julia M
Warranty Deed
$376,000 · Associated Bank
—
—
Edwin J Johnson
—
Deed Of Trust
related
$100,000 · First Business Bank
—
—
Edwin J Johnson
—
Deed Of Trust
related
$127,500 · First Business 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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