Property profile

2535 University Ave Madison, WI 53705

OFF-MARKET
Bars & Pubs
Property ID
US92-0733561
1,504 SF 0.2 ac lot Built 1937
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1937
Total area 1,504 SF
Lot 0.2 ac (8,782 SF)
Zoning code TSS
APN 0709-211-0505-7
UPID US92-0733561

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant

Location

2535 University Ave Madison, WI 53705-3812
Madison metro Census 902 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
$576k
Blend (final) Blend
$645k

Owner & transaction history

since 2024
Last sale
$647,000
5 recorded transactions
2024
$1.3M
2024
Price N/A
2024
$647,000
2006
Price N/A
1969
Price N/A

Zoning & alternative use

TSS · Madison, WI
Zoning description

ial - Urban 1 TR-U2: Traditional Residential - Urban 2 TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use…

General category MIXED_USE
Top alternative use upside
Retail stores $530,000 +5.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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