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Property profile & analytics
OFF-MARKET
Bars & Pubs
2009 Freeport Rd Madison, WI 53711-4713
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-3297028
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1910
Total area
1,270 SF
Lot
0.35 ac (15,292 SF)
Zoning code
IL
APN
0709-323-0414-3
UPID
US92-3297028
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
-
Bennett's Meadowood Country Club Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cns LLC · 2 yrs held
Cns LLC
since 2024
1 recorded transaction
Zoning & alternative use
IL · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district provides for a mix of light manufacturing uses and offices and warehousing and flex space and limited storage and warehousing and limited retail and service uses that primarily serve the industrial uses designed with adequate landscaping and screening to ensure compatibility with adjoining uses
Zone name
Industrial Limited District
General category
INDUSTRIAL
Zone area
3,203.92 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,829
Tax year 2022
Assessed value
$268,000
Assessed 2023
Previous assessed
$248,000
+8.1% YoY
Effective rate
1.80%
On assessed value
Assessed land
$138,000
Assessed improvement
$130,000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1910
Heating
NONE
Stories
1
Total area
1,270 SF
Lot
0.35 ac (15,292 SF)
Zoning code
IL
APN
0709-323-0414-3
UPID
US92-3297028
Jurisdiction
DANE
Zoning & alternative use
IL · Madison, WIZoning IL · permitted uses
IL · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district provides for a mix of light manufacturing uses and offices and warehousing and flex space and limited storage and warehousing and limited retail and service uses that primarily serve the industrial uses designed with adequate landscaping and screening to ensure compatibility with adjoining uses
Zone name
Industrial Limited District
General category
INDUSTRIAL
Zone area
3,203.92 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Cns LLC
Entity
Mailing address
2009 FREEPORT RD, MADISON, WI 53711-4713
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
$320,000
Cns LLC
Summit Station INC
Warranty Deed
$256,000 · Wisconsin Bank & Trust
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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