Realmo Analytics

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

Property profile

2440 Perry St Madison, WI 53713

FOR SALE
Retail space
Property ID
US92-1250195
2,754 SF 0.54 ac lot Built 1950
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 5,000 sq ft commercial building historically used as a restaurant and retail shop, with a flexible interior layout configured to support multiple commercial uses. The building includes a kitchen, multiple work areas with separate entrances, four bathrooms, a partially finished lower level with two egress points, and a second floor containing offices. The site is located off Madison’s Park Street corridor, with access to the Beltline and nearby amenities including Madison…

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?
$9k
Tax billed · 2022
Assessed value · 2023$440k
Assessed land$85k
Assessed improvement$355k
Effective rate2.05%

Value estimate

· Oct 2026
$345k
$311k – $380k
AI approach$345k
CAP approach$605k
Submarket $/SF estimate$336k
NOI build-up
Gross scheduled income$108k
Vacancy & credit loss−$6k
Operating expenses−$31k
NOI · 10.22% cap applied$72k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$351/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$122 – $564

Cap rate analysis

How does the asset earn?
10.22%
$72k 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?
CC-T
TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use ...
General categoryMIXED_USE
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.7
Skin Care Clinic9.5
Parking Facility9.5

Location

2440 Perry St Madison, WI 53713
County assessor Recorded deeds · 1 transfer 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2902 Perry, Madison, WI 53713-3237 $630,000 Mar 2025 4,950 SF
910 Post, Madison, WI 53713-3200 $1,000,000 Aug 2023 13,600 SF
3101 Latham, Madison, WI 53713-4613 $580,000 Jan 2023 6,300 SF
1001 Stewart, Madison, WI 53713-3258 $740,000 Apr 2022 4,000 SF
3110 Watford, Madison, WI 53713-3251 $650,000 Apr 2021 10,000 SF
1409 Greenway Cross, Madison, WI 53713-3110 $500,000 Dec 2020 12,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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