Technical
Financial
Distress signals
Property profile

1702 Fordem Ave Madison, WI 53704

OFF-MARKET
Community centers
Property ID
US92-1306852
15,819 SF 1.96 ac lot Built 1984
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1984
Total area 15,819 SF
Lot 1.96 ac (85,247 SF)
Zoning code PD
APN 0709-124-0093-7
UPID US92-1306852

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1702 Fordem Ave Madison, WI 53704
Madison metro Census 1804 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.57M
Blend (final) Blend
$2.56M

Owner & transaction history

since 2026
3 recorded transactions
2026
$3.1M
2015
$2.3M
1969
Price N/A

Zoning & alternative use

PD · Madison, WI
Zoning description

Planned Development zoning is site-specific zoning, where specific use and development requirements are written for each individual PD zone. Conventional zoning districts are districts whose rules are wholly within the C…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Office building $3.7M +20.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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