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    1602 S Park St Madison, WI 53715
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    Property profile & analytics

    1602 S Park St, Madison, WI 53715

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    • Commercial land
    • 9,873 SF
    • 3.27 lot acres
    Redevelopment Opportunity Near Downtown Madison For Sale
    $6,000,000
    24,340 SF

    Redevelopment Opportunity Near Downtown Madison

    Redevelopment opportunity in the Park Street gateway.

    1602 S Park St, Madison, WI
    View Listing
    Property ID
    US92-1289693
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • United Food & Commercial Workers / Advocacy Group
    • Madison Labor Temple / Charitable Organization / Social Service Agency
    • Unemployment Compensation / Law Firm
    • Building and Construction Trades Council of South Central Wisconsin / Advocacy Group
    • Worker Justice Wisconsin / Social Service Agency / Charitable Organization

    Property Details for 1602 S Park St

    Year built
    1958
    Lot size
    3.27 lot acres
    Zone code
    CC-T
    Property type
    Commercial land
    APN
    0709-263-0101-4
    APU
    70926301014

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 17, 2023 — Madison Labor Temple Assn — Deed · related $91k · Park Bank
    Nov 20, 2020 — Madison Labor Temple Assn — Deed · related $65k · Park Bank
    Oct 1, 2019 — Madison Labor Temple Assn — Deed · related $65k · Park Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,902,000
      Market price range: $1.11M - $5.31M
      AI Estimate
      $2,785,000
      Market price range: $1.61M - $3.96M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,900,000
      Current use
      RETAIL STORES
      $3,465,000
      Change: +19% Conversion: Easy
      RESTAURANT
      $3,290,000
      Change: +13% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,785,000
      Change: -4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3949
    Latitude
    43.0501
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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