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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Investment properties
2720 Atwood Ave Madison, WI 53704-5721
Entity Owned
11-yr Hold
Free & Clear
Property ID
US92-1154468
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1919
Total area
7,100 SF
Lot
0.17 ac (7,520 SF)
Zoning code
TSS
APN
0710-053-0717-1
UPID
US92-1154468
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$792k
Blend (final)
Blend
$795k
Owner & transaction history
Three Bells LLP · 11 yrs held
Three Bells LLP
since 2014
6 recorded transactions
Zoning & alternative use
TSS · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$112 / 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
$9,526
Tax year 2022
Assessed value
$505,000
Assessed 2023
Previous assessed
$485,000
+4.1% YoY
Effective rate
1.89%
On assessed value
Assessed land
$74,500
Assessed improvement
$430,500
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1919
Heating
NONE
Buildings
3
Stories
1
Total area
7,100 SF
Lot
0.17 ac (7,520 SF)
Zoning code
TSS
APN
0710-053-0717-1
UPID
US92-1154468
Jurisdiction
DANE
Zoning & alternative use
TSS · Madison, WI
Zoning TSS · permitted uses
TSS · 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.
Building & site characteristics
From public records
Year built
1919
Heating
NONE
Stories
1
Buildings
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Three Bells LLP
Entity
Free & Clear · 11 yrs held
Mailing address
1050 JENIFER ST APT #1, MADISON, WI 53703-4524
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2014
$212,400
Three Bells LLP
Belanger,kenneth C & Dolores A
Grant Deed
—
Oct 17, 2014
$325,000
Atwood Studios LLC
Three Bells LLP
Warranty Deed
—
—
—
Kenneth C Belanger
—
Deed Of Trust
related
$150,000 · Town Bank
—
—
Kenneth C Belanger
—
Deed Of Trust
related
$763,025 · Park Bank
—
—
Atwood Studios LLC
—
Deed Of Trust
related
$15,000 · Mcfarland St Bk
—
—
Kenneth C Belanger
—
Deed Of Trust
related
$513,732 · Town 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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