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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Manufacturing properties
2221 Daniels St, Madison, WI 53718-6745
Trust Owned
9-yr Hold
Free & Clear
Property ID
US92-0887507
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Total area
7,200 SF
Lot
1.85 ac (80,586 SF)
Zoning code
IL
APN
0710-153-0114-7
UPID
US92-0887507
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
Current use
Occupant on record · Public records
-
Manufacturing Plant - Chocolate Shoppe Ice Cream Co Big Box & Wholesale Store
-
Bing! Bang! Boom! Ice Cream Company Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Cbnld Revocable Trust · 9 yrs held
Cbnld Revocable Trust
since 2017
7 recorded transactions
Zoning & alternative use
IL · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$680,000
+30.8%
Auto repair, garage
$585,000
+12.1%
Neighborhood: shopping center
$550,000
+5.8%
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$480,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$520,000
Current use
MEDICAL BUILDING
$680,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$585,000
Change: +12% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Change: +6% · Conversion: Difficult
WAREHOUSE, STORAGE
$440,000
Change: -16% · Conversion: Easy
OFFICE BUILDING
$430,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
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
$74 / 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
$45,021
Tax year 2022
Assessed value
$3,119,000
Assessed 2023
Previous assessed
$2,276,300
+37.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$425,400
Assessed improvement
$2,693,600
Applied tax rate
3,269.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Total area
7,200 SF
Lot
1.85 ac (80,586 SF)
Zoning code
IL
APN
0710-153-0114-7
UPID
US92-0887507
Jurisdiction
DANE
Zoning & alternative use
IL · Madison, WI
Zoning IL · permitted uses
IL · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$520,000
MEDICAL BUILDING
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$550,000
WAREHOUSE, STORAGE
Est. value
$440,000
OFFICE BUILDING
Est. value
$430,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1979
Heating
NONE
Stories
1
Lot
1.85 ac
Current owner
From public records · entity-resolved
Cbnld Revocable Trust
Trust
Free & Clear · 9 yrs held
Mailing address
2221 DANIELS ST, MADISON, WI 53718-6745
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2022
—
Cbnld Trust
—
Deed
related
$2,708,000 · First Business Bank
Jan 20, 2022
—
Cbnld Revocable Trust
—
Deed
related
$775,532 · Wbd INC
Oct 16, 2020
—
Charles B Deadman
—
Deed
related
$1,605,000 · First Business Bank
Feb 9, 2017
—
Cbnld Revocable Trust
Deadman,charles B & Nancy L
Warranty Deed
—
May 3, 2006
—
Charles B Deadman
—
Trustees Deed
related
$450,000 · First Business Bank
—
—
Charles B Deadman
—
Deed Of Trust
related
$775,532 · First Business Bank
—
—
Charles B Deadman
—
Deed Of Trust
related
$760,265 · First Business Bank
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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