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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Office buildings
4710 Broadway, Madison, WI 53716-4103
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0043715
Property summary
AI-generated overview
This exceptional Dane County office property offers 10,027 square feet of traditional office space, divided into three suites. Two suites are currently available, ranging from a minimum of 181 square feet to a maximum contiguous space of 1,205 square feet. The building sits on a 0.924-acre lot and boasts a highly desirable location off the Beltline, providing phenomenal visibility and easy accessibility. Tenants benefit from a free conference room and newly renovated restrooms with high-end finishes. The property is ideal for businesses seeking professional, affordable, and accessible office space. Utilities are handled on a tenant-pay basis, including in-suite janitorial services, phone, and data. This multiple-tenancy building presents a unique opportunity for businesses of varying sizes to establish a presence in a convenient and well-maintained location. The flexible space options allow for customization to meet individual business needs. The strategic location and modern amenities make this property an attractive choice for companies seeking a productive and comfortable work environment. Contact us today to learn more about the available suites and schedule a viewing.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1969
Total area
5,962 SF
Lot
0.92 ac (40,239 SF)
Zoning code
IL
APN
0710-223-0311-0
UPID
US92-0043715
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
-
Jc Rose Associates Insurance Agency
-
Tax Professionals Consultant
-
Ecossage, LLC Alternative Medicine Practice Spa & Massage Center
-
Globatron Corporation Roofing Company General Contractor
-
Full Potential Counseling Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$804k
Blend (final)
Blend
$765k
Owner & transaction history
SMART SPACE MANAGEMENT LLC
SMART SPACE MANAGEMENT LLC
Zoning & alternative use
IL · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,145,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
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
$128 / 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
$8,456
Tax year 2022
Assessed value
$471,500
Assessed 2023
Previous assessed
$431,000
+9.4% YoY
Effective rate
1.79%
On assessed value
Assessed land
$177,000
Assessed improvement
$294,500
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
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Total area
5,962 SF
Lot
0.92 ac (40,239 SF)
Zoning code
IL
APN
0710-223-0311-0
UPID
US92-0043715
Jurisdiction
DANE
Zoning & alternative use
IL · Madison, WI
Zoning IL · permitted uses
IL · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
SMART SPACE MANAGEMENT LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4825 E CLAYTON RD, FITCHBURG, WI 53711-5702
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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