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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Office buildings
26 Schroeder Ct Madison, WI 53711-2503
Entity Owned
~
Est. High Equity
Property ID
US92-0024575
Property summary
AI-generated overview
Schroeder Court Office Building offers premium office space in Madison, Wisconsin. This 23,840 square foot building, constructed in 2005 and renovated in 2018, features a traditional office layout with executive office options. Currently, 6,330 square feet of contiguous space is available, divisible into units as small as 2,130 square feet. The available space boasts a desirable build-out including three large offices, two smaller offices, a break room/kitchen, an in-suite restroom, and a conference room. Ample surface parking is available, supplemented by some underground parking. The building is conveniently located along the west beltline highway, providing excellent visibility and prime beltline signage opportunities. The asking rent is $16.00 per square foot, plus NNN charges. Adjacent vacant space can be combined to create approximately 6,400 square feet of total office space. The building is situated at 26 Schroeder Ct, Madison, WI 53711, in Dane County. Elevators are available for convenient access to all floors.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1978
Total area
8,084 SF
Lot
1.35 ac (58,893 SF)
Zoning code
CC-T WP-12
APN
0709-303-0106-8
UPID
US92-0024575
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
-
RBA Title Services, LLC Title Company
-
CCL Management Property Management Company
-
Tilia Salon & Spa Hair Salon
-
Wintrust Mortgage Loan Service Bank
-
Restaino & Associates Realtors: Sally Mader Sumnicht Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.24M
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.69M
Owner & transaction history
Capitol Beltline LLC
Capitol Beltline LLC
3 recorded transactions
Zoning & alternative use
CC-T WP-12 · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+44.2%
Commercial (general)
$2.4M
+27.2%
Auto repair, garage
$2.3M
+21.9%
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%
$2,425,000
6.5%
$2,240,000
7%
$2,080,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,870,000
Current use
RESTAURANT
$2,695,000
Change: +44% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,375,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,280,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,550,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±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
$209 / 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
$75,729
Tax year 2022
Assessed value
$3,859,400
Assessed 2023
Previous assessed
$3,826,000
+0.9% YoY
Effective rate
1.96%
On assessed value
Assessed land
$869,000
Assessed improvement
$2,990,400
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
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
8,084 SF
Lot
1.35 ac (58,893 SF)
Zoning code
CC-T WP-12
APN
0709-303-0106-8
UPID
US92-0024575
Jurisdiction
DANE
Zoning & alternative use
CC-T WP-12 · Madison, WIZoning CC-T WP-12 · permitted uses
CC-T WP-12 · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1978
Heating
NONE
Stories
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
Capitol Beltline LLC
Entity
Mailing address
PO BOX 44507, MADISON, WI 53744-4507
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Capitol Beltline LLC
—
Deed Of Trust
related
$150,000 · First Business Bank
—
—
Capitol Beltine LLC
—
Deed Of Trust
related
$4,400,000 · First Business Bank
—
—
Capitol Beltline LLC
—
Deed Of Trust
related
$50,000 · First Business 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.
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