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Property profile & analytics
OFF-MARKET
Commercial land
2403 Cypress Way Madison, WI 53713-2505
Entity Owned
3-yr Hold
Free & Clear
Property ID
US92-0331551
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.17 ac (51,052 SF)
Zoning code
SR-V1
APN
0709-352-0322-7
UPID
US92-0331551
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
-
Centro Hispano of Dane County Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Centro Hispano INC · 3 yrs held
Centro Hispano INC
since 2023
2 recorded transactions
Zoning & alternative use
SR-V1 · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types typically located in the outlying parts of the City and to promote and encourage a suitable environment for family life while accommodating a full range of life cycle housing
Zone name
Suburban Residential Varied District 1
General category
RESIDENTIAL
Zone area
512.53 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Lot
1.17 ac (51,052 SF)
Zoning code
SR-V1
APN
0709-352-0322-7
UPID
US92-0331551
Jurisdiction
DANE
Zoning & alternative use
SR-V1 · Madison, WIZoning SR-V1 · permitted uses
SR-V1 · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types typically located in the outlying parts of the City and to promote and encourage a suitable environment for family life while accommodating a full range of life cycle housing
Zone name
Suburban Residential Varied District 1
General category
RESIDENTIAL
Zone area
512.53 ac
Source
Realmo
Building & site characteristics
From public records
Lot
1.17 ac
Current owner
From public records · entity-resolved
Centro Hispano INC
Entity
Free & Clear · 3 yrs held
Mailing address
810 W BADGER RD, MADISON, WI 53713-2527
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2023
—
Centro Hispano INC
—
Deed
related
$400,000 · City Of Madison
Jan 23, 2023
—
Centro Hispano INC
City Of Madison
Quit Claim Deed
related
—
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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