New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Manufacturing properties
2558 Advance Rd, Madison, WI 53718-6702
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-0592065
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Total area
13,575 SF
Lot
2.46 ac (107,158 SF)
Zoning code
IL
APN
0710-222-0210-6
UPID
US92-0592065
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
-
Tribe 9 Foods Food Processing Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.07M
Owner & transaction history
Tribe 9 Foods LLC · 6 yrs held
Tribe 9 Foods LLC
since 2019
7 recorded transactions
Zoning & alternative use
IL · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+30.8%
Auto repair, garage
$1.1M
+12.1%
Neighborhood: shopping center
$1.0M
+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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,195,000
6.5%
$1,105,000
7%
$1,025,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$985,000
Current use
MEDICAL BUILDING
$1,285,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,100,000
Change: +12% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,040,000
Change: +6% · Conversion: Difficult
WAREHOUSE, STORAGE
$825,000
Change: -16% · Conversion: Easy
OFFICE BUILDING
$815,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$79 / 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
$52,313
Tax year 2022
Assessed value
$3,067,000
Assessed 2023
Previous assessed
$2,644,300
+16.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$388,600
Assessed improvement
$2,678,400
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
1987
Heating
NONE
Buildings
2
Stories
1
Total area
13,575 SF
Lot
2.46 ac (107,158 SF)
Zoning code
IL
APN
0710-222-0210-6
UPID
US92-0592065
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
$985,000
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$825,000
OFFICE BUILDING
Est. value
$815,000
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
1987
Heating
NONE
Stories
1
Buildings
2
Lot
2.46 ac
Current owner
From public records · entity-resolved
Tribe 9 Foods LLC
Entity
Mailing address
2901 PROGRESS RD, MADISON, WI 53716-3341
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
Tribe 9 Foods LLC
—
Deed
related
$6,560,000 · Pnc Bank NA
Jun 15, 2021
—
Tribe 9 Foods LLC
—
Deed
related
$5,500,000 · Wbd INC
Sep 18, 2020
—
Tribe 9 Foods LLC
—
Deed
related
$11,208,200 · Wisconsin Bk&tr
Nov 4, 2019
$875,000
Tribe 9 Foods LLC
Jean M Gillette
Warranty Deed
$8,912,518 · Wisconsin Bank & Trust
Sep 17, 2019
—
Jean M Gillette
—
Deed
related
$25,000 · Monona State Bank
—
—
Jean M Gillette
—
Deed Of Trust
related
$400,000 · Monona State Bank
—
—
Tribe 9 Foods LLC
—
Loan Modification
related
$11,208,200 · Wisconsin Bk&tr
—
—
Jean M Gillette
—
Deed Of Trust
related
$489,533 · Monona State 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2558 Advance Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
