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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Office buildings
1709 Park St Madison, WI 53713-1200
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-0637720
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1951
Total area
13,180 SF
Lot
1.71 ac (74,531 SF)
Zoning code
CC-T WP-18
APN
0709-264-1001-3
UPID
US92-0637720
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
-
Nutzy Mutz & Crazy Catz (Bike/Boat/Book/etc) Store Pet Store & Service
-
Robert Cox Realty Real Estate Agency
-
Park Street Storage Storage Facility
-
Attic Correctional Services Inc Social Service Agency Charitable Organization
-
McGinn Bindery Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
Rcr Park LLC · 4 yrs held
Rcr Park LLC
since 2022
7 recorded transactions
Zoning & alternative use
CC-T WP-18 · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,045,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,530,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±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
$152 / 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
$29,737
Tax year 2022
Assessed value
$1,585,000
Assessed 2023
Previous assessed
$1,505,000
+5.3% YoY
Effective rate
1.88%
On assessed value
Assessed land
$620,000
Assessed improvement
$965,000
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
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1951
Heating
NONE
Stories
1
Total area
13,180 SF
Lot
1.71 ac (74,531 SF)
Zoning code
CC-T WP-18
APN
0709-264-1001-3
UPID
US92-0637720
Jurisdiction
DANE
Zoning & alternative use
CC-T WP-18 · Madison, WIZoning CC-T WP-18 · permitted uses
CC-T WP-18 · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1951
Heating
NONE
Stories
1
Lot
1.71 ac
Current owner
From public records · entity-resolved
Rcr Park LLC
Entity
Mailing address
434 OAKWOOD DR, OREGON, WI 53575-3433
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
—
Rcr Park LLC
Robert C Cox
Quit Claim Deed
related
—
Oct 25, 2021
—
Robert C Cox
Rcr Real Estate LLC
Quit Claim Deed
related
—
Nov 9, 2020
—
Rcr Park LLC
—
Deed
related
$990,278 · Dmb Community Bank
Jan 7, 2008
—
Rcr Real Estate LLC
Cox,robert C
Quit Claim Deed
related
—
—
—
Rcr R/e LLC
—
Deed Of Trust
related
$250,000 · Park Bank
—
—
Rcr Real Estate LLC
—
Deed Of Trust
related
$901,484 · Park Bank
—
—
Rcr Real Estate LLC
—
Deed Of Trust
related
$250,000 · Park Bank
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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