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    Property profile & analytics

    1511 Monroe St Madison, WI 53711-2020

    • Investment properties
    • 1,508 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US92-0776264
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mickies Dairy Bar / Breakfast Restaurant / American Restaurant
    • LibertyX Bitcoin ATM / Atm

    Property Details for 1511 Monroe St

    Year built
    1916
    Lot size
    0.04 lot acres
    Property size
    1,508 SF
    Zone code
    TSS WP-27
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0709-224-0605-8
    APU
    70922406058

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $420,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $510,000
      Retail
      $465,000
      Mixed-Use
      $465,000
      Hospitality
      $385,000
      Educational
      $385,000
      Residential Income
      $460,000
      Energy
      $520,000
      Income-Based Land
      $505,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.413
    Latitude
    43.0674
    CBSA code
    31540
    CBSA name
    MADISON, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,129
    $50,000
    $535,000
    $585,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,248 SF

      1445 Regent St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,248 SF
      1445 Regent St, Madison, WI 53711-2237
      View Details
    • Value Estimation by Request
      2,543 SF

      723 Glenway St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,543 SF
      723 Glenway St, Madison, WI 53711-1726
      View Details
    • Value Estimation by Request
      1,980 SF

      2505 Monroe St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,980 SF
      2505 Monroe St, Madison, WI 53711-1906
      View Details
    • Value Estimation by Request
      4,864 SF

      2606 Monroe St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,864 SF
      2606 Monroe St, Madison, WI 53711-1802
      View Details
    • Value Estimation
      $1,685,000
      1,431 SF

      1934 Monroe St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,431 SF
      1934 Monroe St, Madison, WI 53711-2027
      View Details
    • Value Estimation by Request
      1,800 SF

      4269 Beltline Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,800 SF
      4269 Beltline Hwy, Madison, WI 53711-3862
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,881 SF

      Fitchburg Commercial Office Space

      Prime Fitchburg Office, 1558 sq ft, Available Now
      2960 Triverton Pike Dr, Fitchburg, WI 53711
      View Details
    • $112,900
      0.07 Acres

      Residential Land in Fitchburg, WI

      Residential land available for building a dream home in Fitchburg.
      4787 Suelo Rd, Fitchburg, WI 53711
      View Details
    • $112,900
      0.10 Acres

      Residential Land in Fitchburg, WI

      Land available for building a dream home in Fitchburg.
      L363 Romaine Rd, Fitchburg, WI 53711
      View Details
    • $112,900
      0.10 Acres

      Residential Land in Fitchburg, WI

      Land available for building a dream home near Madison.
      4794 Suelo Rd, Fitchburg, WI 53711
      View Details
    • $112,900
      0.10 Acres

      Residential Land in Fitchburg, WI

      Land available for building a dream home near Madison.
      4790 Suelo Rd, Fitchburg, WI 53711
      View Details
    • $112,900
      0.11 Acres

      Residential Land in Fitchburg, WI

      Land available for building a dream home near Madison.
      4785 Sorrel Dr, Fitchburg, WI 53711
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      3,082 SF

      Madison Medical Office Space for Lease

      Prime Medical Office, 2,145 SF Available
      2984 Triverton Pike Dr, Fitchburg, WI 53711
      View Details
    • $14 SF/Yr
      1,962 SF

      Fitchburg Office Space Available

      Prime Fitchburg location, flexible office suites.
      2976 Triverton Pike Dr, Fitchburg, WI 53711
      View Details
    • $15 SF/Yr
      52,815 SF

      Madison Office Building: Prime Location

      Class A Office Space, Ample Parking
      440 Science Dr, Madison, WI 53711
      View Details
    • $10 SF/Yr
      55,000 SF

      Madison Retail Center - Prime Location

      High-traffic retail space available.
      5704 Raymond Rd, Madison, WI 53711
      View Details
    • $10 SF/Yr
      8,122 SF

      Retail Space in Madison Center

      Retail space available in densely populated, anchored shopping center.
      5704-5750 Raymond Rd, Madison, WI 53711
      View Details
    • $16 SF/Yr
      4,038 SF

      Madison Retail/Restaurant Opportunity

      Prime Madison location, 4,038 SF available.
      5630 Schroeder Rd, Madison, WI 53711
      View Details
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    1511 Monroe St
    Madison, WI 53711-2020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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