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Property profile & analytics
FOR LEASE
Office buildings
2801 Coho St Madison, WI 53597
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0431286
For Lease
$2,225,000
2801 Coho St, Madison, WI 53597
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1984
Total area
12,000 SF
Lot
1.6 ac (69,783 SF)
Zoning code
CC
APN
0709-343-0406-8
UPID
US92-0431286
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
-
Jason M. Weber Loan Service Bank
-
Hemb Insurance Group Insurance Agency
-
Chimera Self-Defense Training Center Sports School
-
Kramer, Elkins & Watt, LLC Law Firm
-
United Cerebral Palsy Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.23M
Owner & transaction history
Coho LLC · 7 yrs held
Coho LLC
since 2019
7 recorded transactions
Zoning & alternative use
CC · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts…
Zone name
Commercial Center District
General category
MIXED_USE
Zone area
1,295.18 ac
Top alternative use upside
Auto repair, garage
$3.4M
+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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,775,000
Current use
AUTO REPAIR, GARAGE
$3,380,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,305,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.23M
Range $2.00M – $2.45M · ±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
$185 / 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
$44,500
Tax year 2022
Assessed value
$2,250,400
Assessed 2023
Previous assessed
$2,250,400
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$615,000
Assessed improvement
$1,635,400
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
For Lease
Year built
1984
Heating
NONE
Stories
3
Total area
12,000 SF
Lot
1.6 ac (69,783 SF)
Zoning code
CC
APN
0709-343-0406-8
UPID
US92-0431286
Jurisdiction
DANE
Zoning & alternative use
CC · Madison, WIZoning CC · permitted uses
CC · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown
Zone name
Commercial Center District
General category
MIXED_USE
Zone area
1,295.18 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
OFFICE BUILDING Current
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
1984
Heating
NONE
Stories
3
Lot
1.6 ac
Current owner
From public records · entity-resolved
Coho LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1050 LILLIAN ST STE #300, WAUNAKEE, WI 53597-8842
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2026
—
Coho LLC
—
Deed
related
$1,725,000 · Mound City Bank
Mar 29, 2021
—
Coho LLC
—
Deed
related
$3,524,000 · Dmb Community Bank
Jan 16, 2019
$723,473
Coho LLC
Vantage Point Tic II LLC
Warranty Deed
—
Jan 16, 2019
$690,555
Coho LLC
Vantage Point Tic I LLC
Warranty Deed
—
Jan 16, 2019
$112,500
Coho LLC
Vantage Point Tic II LLC
Warranty Deed
$1,800,000 · Oregon Community Bank
Jan 7, 2019
—
Vantage Point Tic I LLC
White Cap Vantage Point V LLC
Quit Claim Deed
related
—
Oct 17, 2011
$177,500
Vantage Point Tic IV LLC
White Cap Vantage Point V LLC
Warranty Deed
$1,995,000 · State Bank Of Cross Plains
Mar 4, 2011
$1,141,500
Vantage Point Tic III LLC
White Cap Vantage Point V LLC
Grant Deed
$1,995,000 · State Bank Of Cross Plains
Feb 23, 2011
—
Vantage Point Tic I LLC
White Cap Vantage Point V LLC
Quit Claim Deed
$612,291 · State Bank Of Cross Plains
Jan 19, 2011
$2,850,000
White Cap Vantage Point V LLC
Menomonie Investors LLC
Warranty Deed
$1,995,000 · State Bank Of Cross Plains
May 15, 2009
—
Menomonie Investors LLC
—
Deed Of Trust
related
$1,000,000 · Park Bank
Jul 10, 2007
—
Menomonie Investors LLC
State Of Wiscosin Investment Broa
Grant Deed
$5,450,000 · Park Bank
—
—
Vantage Point Tic I LLC
—
Deed Of Trust
related
$1,903,724 · State Bk/cross Plains
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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