Property profile

3208 Washington Ave Madison, WI 53704

OFF-MARKET
Investment properties
Property ID
US92-0343559
2,000 SF 0.22 ac lot Built 1963
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1963
Total area 2,000 SF
Lot 0.22 ac (9,610 SF)
Zoning code CC-T
APN 0810-323-0502-2
UPID US92-0343559

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service Senior Citizen Center

Location

3208 Washington Ave Madison, WI 53704-4333
Madison metro Census 2500 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
$425k
Comparable Approach Comparable
$549k
Blend (final) Blend
$385k

Owner & transaction history

since 2011
2 recorded transactions
2011
$270,000
2010
$368,629

Zoning & alternative use

CC-T · Madison, WI
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…

General category MIXED_USE
Top alternative use upside
Retail stores $700,000 +23.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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