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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Medical Office Space
1410 Northport Dr Madison, WI 53704-2041
Entity Owned
Free & Clear
Property ID
US92-0980327
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1978
Total area
5,618 SF
Lot
1.83 ac (79,845 SF)
Zoning code
NMX
APN
0809-254-1596-4
UPID
US92-0980327
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
-
McKinney Dental of North Madison Dental Office
-
Mc Kinney Dental: Mc Kinney Daniel C DDS Dental Office
-
Orthodontic Specialists-Madisn: Steven D Peterson DDS Dental Office
-
William F. Bird, D.D.S Dental Office
-
Orthodontic Specialists of Madison Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$490k
Blend (final)
Blend
$505k
Owner & transaction history
LAKEVIEW OFFICE BUILDING PARTNERSHIP
LAKEVIEW OFFICE BUILDING PARTNERSHIP
Zoning & alternative use
NMX · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$840,000
+58.0%
Auto repair, garage
$820,000
+54.2%
Retail stores
$785,000
+47.4%
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
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$530,000
Current use
RESTAURANT
$840,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$820,000
Change: +54% · Conversion: Difficult
RETAIL STORES
$785,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$570,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$90 / 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
$22,754
Tax year 2022
Assessed value
$1,157,300
Assessed 2023
Previous assessed
$1,142,000
+1.3% YoY
Effective rate
1.97%
On assessed value
Assessed land
$307,500
Assessed improvement
$849,800
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1978
Heating
NONE
Buildings
2
Stories
2
Total area
5,618 SF
Lot
1.83 ac (79,845 SF)
Zoning code
NMX
APN
0809-254-1596-4
UPID
US92-0980327
Jurisdiction
DANE
Zoning & alternative use
NMX · Madison, WI
Zoning NMX · permitted uses
NMX · 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
MEDICAL BUILDING Current
Est. value
$530,000
RESTAURANT
Est. value
$840,000
AUTO REPAIR, GARAGE
Est. value
$820,000
RETAIL STORES
Est. value
$785,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$570,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1978
Heating
NONE
Stories
2
Buildings
2
Lot
1.83 ac
Current owner
From public records · entity-resolved
LAKEVIEW OFFICE BUILDING PARTNERSHIP
Individual
Free & Clear · 0 yrs held
Mailing address
1410 NORTHPORT DR, MADISON, WI 53704-2041
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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