Financial
Distress signals
Property profile

474 Commerce Dr Madison, WI 53719

OFF-MARKET
Community centers
Property ID
US92-1209353
16,368 SF 1.05 ac lot Built 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An office suite totaling 2,004 square feet is located on the west side with access to the Hwy 12/14 beltline. The space is within a mixed-use center and configured as a hybrid office location, with on-site food amenities serving the center. The building features high-quality construction and property management, and the office is presented with options for tenant improvements (build-out to suit) for qualified occupants. The center includes retail and office users in surrounding spaces.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$44k
Tax billed · 2022
Assessed value · 2023$2.38M
Assessed land$408k
Assessed improvement$1.97M
Effective rate1.84%

Value estimate

· Sep 2026
$2.10M
$1.89M – $2.31M
Submarket $/SF estimate$2.89M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$192/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$114 – $267

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PD
Planned Development zoning is site-specific zoning, where specific use and development requirements are written for each individual PD zo...
General categoryPLANNED_DEVELOPMENT
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.6
Laundry Service9.7
Auto Repair Shop9.0

Location

474 Commerce Dr Madison, WI 53719-4987
County assessor Recorded deeds · not on file 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6706 Odana, Madison, WI 53719-1014 $1,825,000 May 2025 14,780 SF
680 Grand Cyn, Madison, WI 53719-2904 $194,000 Apr 2024 8,000 SF
638 Gammon, Madison, WI 53719-1370 $2,550,000 Sep 2023 11,100 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
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