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Property profile

429 Gammon Pl B200 Madison, WI 53719

FOR SALE
Office buildings
Property ID
US92-1230597
20,540 SF 0.88 ac lot Built 1983
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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429 Gammon Pl,Unit B200, Madison, WI 53719 For Sale
$2,965,000 20,540 SF
429 Gammon Pl,Unit B200, Madison, WI 53719
View Listing

Property summary

AI-generated overview

The remodeled office unit is located within the First Weber Building at 429 Gammon Place in Madison, Wisconsin, across from West Towne Mall. The suite provides approximately 1,364 square feet of office workspace and includes two private offices plus a larger open area. Windows at the exposed lower level face a green space area. The building was constructed in 1983 and supports a flexible office configuration, with the suite having access to ample parking.

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?
$40k
Tax billed · 2022
Assessed value · 2023$2.13M
Assessed land$627k
Assessed improvement$1.50M
Effective rate1.86%

Value estimate

· Oct 2026
$2.97M
$2.67M – $3.26M
Submarket $/SF estimate$3.48M
NOI build-up
Gross scheduled income$542k
Vacancy & credit loss−$80k
Operating expenses−$115k
NOI · 34,648,500.00% cap applied$346k

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?
34,648,500.00%
$346k 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?
CC WP-16
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply19.1
HVAC Service19.0
Parking Facility16.7

Location

429 Gammon Pl, Unit B200 Madison, WI 53719
County assessor Recorded deeds · 2 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6409 Odana, Madison, WI 53719-1125 $7,000,000 Apr 2023 20,629 SF
6425 Odana, Madison, WI 53719-1127 $7,000,000 Apr 2023 20,223 SF
6401 Odana, Madison, WI 53719-1126 $7,000,000 Apr 2023 19,716 SF
6333 Odana, Madison, WI 53719-1170 $7,000,000 Apr 2023 19,440 SF
6515 Watts, Madison, WI 53719-2726 $2,100,000 Nov 2021 14,000 SF
6501 Watts, Madison, WI 53719-1391 $1,517,500 Sep 2020 12,900 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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