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Property profile & analytics
OFF-MARKET
Estimated value
$2,350,000
Office buildings
319 Yard Dr Verona, WI 53593-8434
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-1270994
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
2006
Total area
16,762 SF
Lot
2.98 ac (129,983 SF)
Zoning code
IL
APN
0708-282-0504-1
UPID
US92-1270994
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
$2.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.35M
Owner & transaction history
319 Yard LLC · 3 yrs held
319 Yard LLC
since 2022
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
IL · Verona, 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 Verona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Verona 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
$2,335,000
ML approach
$2,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,875,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,220,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.35M
Range $2.12M – $2.59M · ±10% · vs last sale $2.33M (Sep 14 2022)
Last sale anchor
$2.33M
Sep 14 2022
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
$140 / 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
$30,399
Tax year 2022
Assessed value
$2,325,000
Assessed 2023
Previous assessed
$1,621,000
+43.4% YoY
Effective rate
1.31%
On assessed value
Assessed land
$540,000
Assessed improvement
$1,785,000
Applied tax rate
3,549.0000
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
2006
Heating
NONE
Stories
1
Total area
16,762 SF
Lot
2.98 ac (129,983 SF)
Zoning code
IL
APN
0708-282-0504-1
UPID
US92-1270994
Jurisdiction
DANE
Zoning & alternative use
IL · Verona, WI
Zoning IL · permitted uses
IL · Verona, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Verona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
OFFICE BUILDING Current
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
2006
Heating
NONE
Stories
1
Lot
2.98 ac
Current owner
From public records · entity-resolved
319 Yard LLC
Entity
Mailing address
319 YARD DR, VERONA, WI 53593-8434
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
319 Yard LLC
—
Deed
related
$750,000 · Lake Ridge Bank
Dec 6, 2022
—
319 Yard LLC
—
Deed
related
$989,000 · Wbd INC
Sep 14, 2022
$2,325,000
319 Yard LLC
Productive Properties-commercial Ll
Warranty Deed
$1,200,000 · State Bank Of Cross Plains
Sep 26, 2018
—
Productive Proerties-commercia
—
Trustees Deed
related
$300,000 · State Bk/cross Plains
Jan 29, 2015
$1,250,000
Productive Properties-commerci
Mpb Of Wisconsin LLC
Warranty Deed
$892,000 · State Bk/cross Plains
Aug 22, 2006
$490,000
Mpb Of Wisconsin LLC
New Wei LLC
Warranty Deed
$1,800,000 · First Business Capital Corp
—
—
Mpb Of Wi LLC
—
Deed Of Trust
related
$1,000,000 · National Exchange Bk&tr
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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