Property profile

2216 Spgs Dr Madison, WI 53704

OFF-MARKET
Retail properties & Spaces
Property ID
US92-0789595
26,475 SF 3.72 ac lot Built 1997
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1997
Total area 26,475 SF
Lot 3.72 ac (162,130 SF)
Zoning code CC
APN 0810-272-0623-5
UPID US92-0789595

Cap rate & NOI

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

Location

2216 Spgs Dr Madison, WI 53704-7425
Madison metro Census 2603 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.83M
Comparable Approach Comparable
$3.85M
Blend (final) Blend
$5.10M

Owner & transaction history

since 2016
2 recorded transactions
2016
$5.0M
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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