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Property profile & analytics
OFF-MARKET
Office buildings
445 Madison St Green Bay, WI 54301-4101
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-3322951
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,669 SF
Lot
0.44 ac (19,341 SF)
Zoning code
OR
APN
13 171
UPID
US92-3322951
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
-
Thoughts LLC Adult Day Care
-
Defense Tax Partners | Tax Relief Settlement Attorney | Free Consultation Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thoughts Holdings LLC · 3 yrs held
Thoughts Holdings LLC
since 2023
Last sale
$950,000
5 recorded transactions
Zoning & alternative use
OR · Green Bay, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Office-Residential (OR) District is a transitional mixed-use district intended for edges of downtown or segments of commercial corridors where there is some development pressure to convert residential uses to offices
Zone name
Office Residential
General category
MIXED_USE
Zone area
369.86 ac
Source
Realmo
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 Green Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Green Bay 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$17,073
Tax year 2023
Assessed value
$853,200
Assessed 2023
Previous assessed
$853,200
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$164,500
Assessed improvement
$688,700
Total market value
$960,100
Applied tax rate
2,289.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
1,669 SF
Lot
0.44 ac (19,341 SF)
Zoning code
OR
APN
13 171
UPID
US92-3322951
Jurisdiction
BROWN
Zoning & alternative use
OR · Green Bay, WIZoning OR · permitted uses
OR · Green Bay, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Office-Residential (OR) District is a transitional mixed-use district intended for edges of downtown or segments of commercial corridors where there is some development pressure to convert residential uses to offices
Zone name
Office Residential
General category
MIXED_USE
Zone area
369.86 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.44 ac
Current owner
From public records · entity-resolved
Thoughts Holdings LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2023
$950,000
Thoughts Holdings LLC
445 Madison Chicago LLC
Warranty Deed
$920,000 · Bank First NA
Apr 15, 2008
$460,000
445 Madison Chicago LLC
Emmel Robert K Trust/1998
Grant Deed
—
—
—
445 Madison Chicago LLC
—
Deed Of Trust
related
$811,372 · Business Bank
—
—
445 Madison Chicago LLC
—
Deed Of Trust
related
$50,000 · Business Bank
—
—
445 Madison Chicago LLC
—
Deed Of Trust
related
$800,000 · Business Bank
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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