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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Community centers
1804 Park St Madison, WI 53713-1230
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US92-1317091
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1955
Total area
57,075 SF
Lot
2.14 ac (93,044 SF)
Zoning code
CC-T WP-18
APN
0709-352-1101-4
UPID
US92-1317091
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
-
Aesthetic Enterprises LLC Construction Company General Contractor
-
Jaroslava Sobiskova's Art Studio Art Gallery Artist
-
Transmission Latino LLC Auto Repair Shop
-
Unbroken Chain Cycles (Bike/Boat/Book/etc) Store
-
Campus Gas Scooters & Small Engine Service Auto Repair Shop Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$2.38M
Owner & transaction history
Bavvle LLC · 5 yrs held
Bavvle LLC
since 2021
Last sale
$1.8M
5 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
$2,955,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±10% · vs last sale $1.75M (May 5 2021)
Last sale anchor
$1.75M
May 5 2021
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
$42 / 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
$34,992
Tax year 2022
Assessed value
$1,750,000
Assessed 2023
Previous assessed
$1,750,000
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$300,000
Assessed improvement
$1,450,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1955
Heating
NONE
Stories
1
Total area
57,075 SF
Lot
2.14 ac (93,044 SF)
Zoning code
CC-T WP-18
APN
0709-352-1101-4
UPID
US92-1317091
Jurisdiction
DANE
Zoning & alternative use
CC-T WP-18 · Madison, WI
Zoning 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
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Stories
1
Lot
2.14 ac
Current owner
From public records · entity-resolved
Bavvle LLC
Entity
Mailing address
419 UN ST, BELMONT, WI 53510-9200
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2021
$1,750,000
Bavvle LLC
Macro INC
Warranty Deed
—
Apr 19, 2011
$782,000
Macro INC
Geo Devs LLC
Warranty Deed
$975,000 · Starion Financial
Feb 12, 2007
$770,000
Geo Dev LLC
D-m Nelson Properties LLC
Warranty Deed
$693,000 · Wisconsin Community Bank
—
—
Geo Devs LLC
—
Deed Of Trust
related
$120,000 · Community Business Bank
—
—
Geo Devs LLC
—
Deed Of Trust
related
$900,000 · Wisconsin Community 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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