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    Property profile & analytics

    156 Main St Oregon, WI 53575

    • Commercial real estate
    • 0.38 lot acres
    For Sale
    View listing
    $1,300,000
    Value Estimation
    Last Sale
    Mar 18, 2025
    $1,000,000
    Location Intelligence
    Property ID
    US92-1323885
    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

    • Commercial real estate

    Property Details for 156 Main St

    Year built
    1930
    Lot size
    0.38 lot acres
    Property type
    Commercial real estate
    APN
    0509-122-0137-1
    APU
    50912201371

    Description

    This exceptional 9,778 square foot, two-story office building presents a unique leasing opportunity in the vibrant heart of Oregon, Wisconsin. Built in 1930, this charming property boasts a prime location offering excellent visibility and convenient access to downtown amenities, including nearby coffee shops. The building features seven individual suites, with one suite currently available, totaling 1,000 square feet. This space is ideal for a variety of businesses seeking a well-established presence in a thriving community. The property sits on a 0.53-acre lot and is zoned for Central Business use (Cntrl Biz), offering flexibility for various commercial ventures. The building features an 8-foot ceiling height and provides 1-10 parking spaces for tenants and their clients. The available 1,000 square feet is offered on a modified gross lease. This is a rare opportunity to secure office space in a highly desirable location within the Madison submarket cluster of Oregon. The property's traditional office layout can also accommodate coworking arrangements, making it a versatile option for various business models. The building's history and location combine to create a unique and attractive space for businesses seeking a blend of character and modern convenience. The APN is 0509-122-0137-1.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,070,000
      6.5%
      $970,000
      7%
      $1,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,040,000
      Geo Method
      $1,110,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,155,000
      Retail
      $985,000
      Mixed-Use
      $1,215,000
      Hospitality
      $1,235,000
      Educational
      $1,055,000
      Residential Income
      $1,065,000
      Energy
      $1,030,000
      Income-Based Land
      $1,210,000
      Food Service
      $1,020,000

    Location Insight

    • Map
    • Local Demand
    City
    Oregon
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3835
    Latitude
    42.9272
    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
    $11,286
    $90,400
    $591,100
    $681,500
    -
    $0.00
    $0.00
    $699,900

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    156 Main St
    Oregon, WI 53575
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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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