Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

406 Science Dr Madison, WI 53711

FOR LEASE
Office buildings
Property ID
US92-0414030
11,500 SF 5.43 ac lot Built 1989
Last sale Jan 2018 · $6,056,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Park West I at 406 Science Dr., located at the corner of Mineral Point and Whitney Way within the University Research Park, is a four-story office building totaling 52,353 square feet. The property sits on approximately 6 acres in a park-like setting and includes on-site parking. Its location provides proximity to restaurants and shopping, and it is about 15 minutes from downtown Madison and nearby communities including Greenway Station, Middleton, Verona, and Cross Plains. The building has an…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$119k
Tax billed · 2022
Assessed value · 2023$6.52M
Assessed land$1.25M
Assessed improvement$5.27M
Effective rate1.83%

Value estimate

· Oct 2026
$2.37M
$2.13M – $2.61M
CAP approach$3.19M
Submarket $/SF estimate$1.61M
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$13k
Operating expenses−$18k
NOI · 364,273.33% cap applied$55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$231/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$135 – $335

Cap rate analysis

How does the asset earn?
364,273.33%
$55k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RMX
This district is intended to provide opportunities for high intensity mixed use centers supporting a variety of multifamily housing optio...
General categoryMIXED_USE
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant35.6
Building Supply35.4
Wholesale Shop26.1

Location

406 Science Dr Madison, WI 53711
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
34 Schroeder, Madison, WI 53711-2526 $5,100,000 Jul 2024 4,634 SF
1930 Monroe, Madison, WI 53711-2059 $1,500,000 Jan 2023 10,132 SF
700 Ray O Vac, Madison, WI 53711-2479 $2,445,000 Oct 2021 39,941 SF
1001 Whitney, Madison, WI 53711-6274 $541,000 Mar 2020 3,668 SF
6510 Schroeder, Madison, WI 53711-2426 $1,600,000 Jan 2020 10,434 SF
636 Science, Madison, WI 53711-1073 $1,050,000 Feb 2019 21,656 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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