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Property profile & analytics
OFF-MARKET Estimated value $2,385,000
Hotels

479 Commerce Dr Madison, WI 53719-4924

90,660 SF 3.3 ac lot Built 2008
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US92-1045792
Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2008
Total area 90,660 SF
Lot 3.3 ac (143,792 SF)
Zoning code PD
APN 0708-262-0905-3
UPID US92-1045792
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
  • Homewood Suites by Hilton Madison West Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.39M
Owner & transaction history
Msnw Spe Hotel I LLC · 9 yrs held
Msnw Spe Hotel I LLC
since 2017
5 recorded transactions
2024
Price N/A
2017
Price N/A
2014
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PD · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Planned Development zoning is site-specific zoning, where specific use and development requirements are written for each individual PD zone. Conventional zoning districts are districts whose rules are wholly within the City’s zoning code. Conventional zoning districts may be mapped and used in various areas throughout the city. Public Information Meetings Th…

Zone name Planned Development District
General category PLANNED_DEVELOPMENT
Zone area 4,588.13 ac
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