Property profile

3863 Clover Ln Madison, WI 53714

OFF-MARKET
Auto shops
Property ID
US92-0254062
1,482 SF 0.2 ac lot Built 1962
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is an office/retail building with an attached or on-site garage, located on the near east side of Madison near Cottage Grove Road and in proximity to Lake Monona. The main building has tall, exposed ceilings and notable interior finishes, and it is configured for office use with potential alternatives such as fitness use; other conversions such as a personal-care or service use may also be feasible depending on code and layout requirements. The building is approximately 2,485 square feet and is zoned CC-T, which allows for a variety of commercial uses, including uses that may leverage the garage for operations such as vehicle-related or similar retail activity, subject to zoning regulations and site requirements.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1962
Total area 1,482 SF
Lot 0.2 ac (8,540 SF)
Zoning code CC-T
APN 0710-092-1802-7
UPID US92-0254062

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
  • Construction Company General Contractor

Location

3863 Clover Ln Madison, WI 53714-2903
Madison metro Census 2700 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2018
3 recorded transactions
2018
$130,000
2016
Price N/A
1969
Price N/A

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

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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