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Property profile & analytics
OFF-MARKET
Estimated value
$47,610,000
Apartment buildings
225 Thompson Dr Madison, WI 53714-3603
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0253758
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1979
Total area
372,177 SF
Lot
19.47 ac (848,200 SF)
Zoning code
SR-V2
APN
0710-032-1501-1
UPID
US92-0253758
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
$28.69M
Blend (final)
Blend
$47.61M
Owner & transaction history
Madison Meadows LLC · 18 yrs held
Madison Meadows LLC
since 2007
5 recorded transactions
Zoning & alternative use
SR-V2 · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$47.61M
Range $42.85M – $52.37M · ±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
$128 / 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
$480,207
Tax year 2022
Assessed value
$28,560,000
Assessed 2023
Previous assessed
$24,200,000
+18.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$2,799,000
Assessed improvement
$25,761,000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1979
Heating
NONE
Buildings
36
Stories
2
Units
316
Total area
372,177 SF
Lot
19.47 ac (848,200 SF)
Zoning code
SR-V2
APN
0710-032-1501-1
UPID
US92-0253758
Jurisdiction
DANE
Zoning & alternative use
SR-V2 · Madison, WI
Zoning SR-V2 · permitted uses
SR-V2 · 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.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
2
Buildings
36
Units
316
Lot
19.47 ac
Current owner
From public records · entity-resolved
Madison Meadows LLC
Entity
Mailing address
100 TRI STATE INTL, LINCOLNSHIRE, IL 60069-4403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2018
—
Madison Meadows LLC
—
Deed
related
$2,300,000 · Keybank USA
Aug 22, 2007
$16,369,900
Madison Meadows LLC
Lbubs 2002-c2 Thompson Drive A
Grant Deed
$46,300,000 · Anglo Irish Bank Corp Plc
Aug 22, 2007
—
2002-c2 Thompson Drive A Lbubs
T P Meadows Apartments LLC
Warranty Deed
—
—
—
Madison Meadows LLC
—
Deed Of Trust
related
$26,960,000 · Keybank USA
—
—
Madison Meadows LLC
—
Deed Of Trust
related
$2,300,000 · Keybank USA
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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