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Property profile & analytics
OFF-MARKET
Estimated value
$9,395,000
Hotels
4402 Washington Ave Madison, WI 53704-3724
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-0752490
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1967
Total area
4,531 SF
Lot
4.71 ac (205,037 SF)
Zoning code
CC-T
APN
0810-284-0110-7
UPID
US92-0752490
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
Current use
Occupant on record · Public records
-
DoubleTree by Hilton Madison East Hotel & Motel
-
Tailwinds Bar & Pub Restaurant
-
Life is Christ Ministries Church
-
The Dinner Detective Murder Mystery Dinner Show - Madison, Wisconsin Restaurant Theater & Performing Art Venue
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.40M
Owner & transaction history
Madison E Dbl Lodging Invtrs L · 6 yrs held
Madison E Dbl Lodging Invtrs L
since 2020
Last sale
$6.5M
6 recorded transactions
Zoning & alternative use
CC-T · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts…
Zone name
Commercial Corridor Transitional District
General category
MIXED_USE
Zone area
1,063.07 ac
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.40M
Range $8.46M – $10.33M · ±10% · vs last sale $6.50M (Mar 3 2020)
Last sale anchor
$6.50M
Mar 3 2020
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
$2,073 / 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
$295,461
Tax year 2022
Assessed value
$17,155,000
Assessed 2023
Previous assessed
$14,915,000
+15.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$1,920,000
Assessed improvement
$15,235,000
Applied tax rate
3,269.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1967
Heating
NONE
Buildings
8
Stories
1
Rooms
226
Total area
4,531 SF
Lot
4.71 ac (205,037 SF)
Zoning code
CC-T
APN
0810-284-0110-7
UPID
US92-0752490
Jurisdiction
DANE
Zoning & alternative use
CC-T · Madison, WIZoning CC-T · permitted uses
CC-T · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown R
Zone name
Commercial Corridor Transitional District
General category
MIXED_USE
Zone area
1,063.07 ac
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Stories
1
Buildings
8
Rooms
226
Lot
4.71 ac
Current owner
From public records · entity-resolved
Madison E Dbl Lodging Invtrs L
Individual
Mailing address
PO BOX 620994, MIDDLETON, WI 53562-0994
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2020
—
Madison E Dbl Lodging Invtrs L
—
Deed Of Trust
related
$15,800,000 · Mcfarland St Bk
Mar 3, 2020
$6,500,000
Madison E Dbl Lodging Invtrs L
Rss Wfcm2013lc12-wi Cpm LLC
Grant Deed
—
Mar 27, 2019
$6,813,500
Rss Wfcm2013lc12-wi Cpm LLC
Sheriff Of Dane County|meles Madison LLC
Trustees Deed
related
—
Jun 6, 2006
—
Madison Motel Associates LLP
—
Deed Of Trust
related
$827,468,036 · * Other Institutional Lenders
—
—
Meles Madison LLC
—
Deed Of Trust
related
$12,300,000 · Ladder Capital Finance I LLC
—
—
Madison Motel Associates LLP
—
Deed Of Trust
related
$7,531,964 · * Other Institutional Lenders
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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