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Property profile & analytics
OFF-MARKET
Estimated value
$2,260,000
Commercial real estate
211 Talon Pl Sun Prairie, WI 53590-3215
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US92-0050544
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Construction
WOOD
Total area
5,580 SF
Lot
0.47 ac (20,386 SF)
Zoning code
MR8
APN
0811-082-2200-7
UPID
US92-0050544
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
$2.26M
Owner & transaction history
Home Path Financial LP · 1 yrs held
Home Path Financial LP
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
MR8 · Sun Prairie, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.3M
+306.8%
Retail stores
$2.0M
+142.9%
Restaurant
$1.9M
+130.6%
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 Sun Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sun Prairie 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
APARTMENT HOUSE (5+ UNITS)
$3,280,000
Change: +307% · Conversion: Moderate
RETAIL STORES
$1,960,000
Change: +143% · Conversion: Easy
RESTAURANT
$1,860,000
Change: +131% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,575,000
Change: +95% · Conversion: Difficult
Blend value · Realmo final
$2.26M
Range $2.03M – $2.49M · ±10% · vs last sale $2.50M (Apr 18 2025)
Last sale anchor
$2.50M
Apr 18 2025
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
$405 / 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
$13,617
Tax year 2022
Assessed value
$734,300
Assessed 2023
Previous assessed
$415,500
+76.7% YoY
Effective rate
1.85%
On assessed value
Assessed land
$92,000
Assessed improvement
$642,300
Total market value
$734,400
Applied tax rate
5,656.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
NONE
Stories
2
Total area
5,580 SF
Lot
0.47 ac (20,386 SF)
Zoning code
MR8
APN
0811-082-2200-7
UPID
US92-0050544
Jurisdiction
DANE
Zoning & alternative use
MR8 · Sun Prairie, WI
Zoning MR8 · permitted uses
MR8 · Sun Prairie, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sun Prairie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.3M
RETAIL STORES
Est. value
$2.0M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
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
2001
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
Home Path Financial LP
Entity
Mailing address
19000 W BLUEMOUND RD, BROOKFIELD, WI 53045-6073
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
—
Home Path Financial LP
—
Deed
related
$107,000 · Clifford E Morgan Etal
Dec 29, 2025
—
Home Path Financial LP
—
Deed
related
$115,000 · Mary L Michels Traditional Ira
Oct 27, 2025
—
Home Path Financial LP
—
Deed
related
$193,000 · Kathleen M Rose Simple Ira
Jul 1, 2025
—
Home Path Financial LP
—
Deed
related
$26,000 · Sharon M Threet
Jun 20, 2025
—
Home Path Financial LP
—
Deed
related
$168,005 · Digital Trust
Jun 17, 2025
—
Home Path Financial LP
—
Deed
related
$150,000 · Kathleen M Rose
Apr 24, 2025
—
Home Path Financial LP
—
Deed
related
$1,875,000 · Lendingone LLC
Apr 18, 2025
$2,500,000
Home Path Financial LP
Mlg/lf Sunfield LLC
Warranty Deed
$1,875,000 · Lendingone LLC
Sep 22, 2022
$1,750,000
Mlg/lf Sunfield LLC
Talon Place Apartments LLC
Warranty Deed
$3,477,000 · Landmark Cu
Jul 30, 2019
—
Talon Place Apartments LLC
—
Deed
related
$651,915 · State Bk/cross Plains
Feb 14, 2014
$930,000
Talon Place Apartments LLC
First Bank Financial Centre
Quit Claim Deed
related
$744,000 · Wps Community Bank Fsb
Feb 10, 2014
$460,000
First Bk Finl Ctr
Sheriff Of Dane County
Trustees Deed
related
—
Jul 18, 2008
—
Tnt Investment Properties LLC
Lilley,chadwick R & Autam E
Warranty Deed
—
May 5, 2006
$556,000
Tnt Investment Properties LLC
Lilley,chadwick R & Autam E
Grant Deed
—
—
—
Talon Place Apartments LLC
—
Deed Of Trust
related
$651,915 · State Bk/cross Plains
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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