Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

222 W Washington Ave Madison, WI 53703

FOR LEASE
Office buildings
Property ID
US92-1303591
40,113 SF 1.2 ac lot Built 1970
Last sale May 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$398k
Tax billed · 2022
Assessed value · 2023$20.06M
Assessed land$4.62M
Assessed improvement$15.44M
Effective rate1.99%

Value estimate

· Oct 2026
$7.37M
$6.63M – $8.10M
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$11k
Operating expenses−$16k
NOI · 136,991.18% cap applied$47k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$231/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$135 – $335

Cap rate analysis

How does the asset earn?
136,991.18%
$47k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DC
The DC District is established to recognize the Capitol Square and the State Street corridor and surrounding properties as the center of ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.2
HVAC Service15.2
Auto Repair Shop13.4

Location

222 W Washington Ave Madison, WI 53703
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
133 Butler, Madison, WI 53703-5606 $1,630,000 Dec 2023 3,430 SF
1444 Washington, Madison, WI 53703-3009 $800,000 Jun 2023 5,766 SF
131 Wilson, Madison, WI 53703-3243 $6,990,000 Sep 2022 10,812 SF
111 Hamilton, Madison, WI 53703-3267 $15,000 Mar 2022 3,275 SF
433 Washington, Madison, WI 53703-3482 $2,750,000 Aug 2019 5,786 SF
2 Mifflin, Madison, WI 53703-2889 $19,000,000 Feb 2019 34,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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