Technical
Financial
Distress signals
Property profile

2121 Spgs Dr Madison, WI 53704

OFF-MARKET
Bowling alleys
Property ID
US92-0653387
46,890 SF 4.97 ac lot Built 1995
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 1995
Total area 46,890 SF
Lot 4.97 ac (216,537 SF)
Zoning code CC
APN 0810-274-0104-1
UPID US92-0653387

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2121 Spgs Dr Madison, WI 53704-7422
Madison metro Census 2603 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.19M

Owner & transaction history

since 2024
Last sale
$4.2M
5 recorded transactions
2024
$4.2M
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Madison, WI
Zoning description

TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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