Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
206 Madison St Hillsboro, WI 54634-6222
Entity Owned
8-yr Hold
Free & Clear
Property ID
US92-2877653
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1 ac (43,560 SF)
APN
236-00662-0000
UPID
US92-2877653
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
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
Johnsmill LLC · 8 yrs held
Johnsmill LLC
since 2017
7 recorded transactions
Zoning & alternative use
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 Hillsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro 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 2023Property tax & assessments
Tax year 2023
Tax billed
$33,111
Tax year 2023
Assessed value
$1,162,700
Assessed 2023
Previous assessed
$1,155,100
+0.7% YoY
Effective rate
2.85%
On assessed value
Assessed land
$20,200
Assessed improvement
$1,142,500
Total market value
$1,821,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Lot
1 ac (43,560 SF)
APN
236-00662-0000
UPID
US92-2877653
Jurisdiction
VERNON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Lot
1 ac
Current owner
From public records · entity-resolved
Johnsmill LLC
Entity
Free & Clear · 8 yrs held
Mailing address
206 E MADISON ST, HILLSBORO, WI 54634-6222
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
—
Verbsky Properties LLC
—
Deed
related
$606,010 · Farmers State Bank
Oct 2, 2019
—
Versbsky Properties LLC
—
Deed
related
$602,846 · Farmers State Bank
Jul 19, 2019
—
Verbsky Properties LLC
—
Deed
related
$90,410 · Farmers State Bank
Apr 25, 2019
—
Verbsky Properties LLC
—
Deed
related
$842,959 · Farmers State Bank
Jan 19, 2018
—
Verbsk Y Properties LLC
—
Deed
related
$75,105 · Farmers State Bank
Nov 27, 2017
—
Johnsmill LLC
H & H Properties Of Hillsboro LLC
Quit Claim Deed
related
—
Nov 27, 2017
$275,000
Verbsky Properties LLC
Johnsmill LLC
Warranty Deed
$284,348 · Farmers State Bank
Apr 14, 2014
—
Johnsmill LLC
John E Popejoy
Intrafamily Transfer
related
—
Mar 21, 2014
$75,000
John E Popejoy
Hillsboro Cement Products INC
Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 206 Madison St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
