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Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Hotels
483 Commerce Dr Madison, WI 53719-4924
Entity Owned
9-yr Hold
Free & Clear
Property ID
US92-0955993
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2008
Total area
85,186 SF
Lot
3.26 ac (142,180 SF)
Zoning code
PD
APN
0708-262-0906-1
UPID
US92-0955993
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
-
Hampton Inn & Suites Madison-West Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.41M
Owner & transaction history
Msnw Spe Hotel II LLC · 9 yrs held
Msnw Spe Hotel II LLC
since 2017
6 recorded transactions
Zoning & alternative use
PD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$28 / 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
$168,051
Tax year 2022
Assessed value
$9,718,800
Assessed 2023
Previous assessed
$8,448,800
+15.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$1,564,000
Assessed improvement
$8,154,800
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
2008
Heating
NONE
Stories
4
Rooms
132
Total area
85,186 SF
Lot
3.26 ac (142,180 SF)
Zoning code
PD
APN
0708-262-0906-1
UPID
US92-0955993
Jurisdiction
DANE
Zoning & alternative use
PD · Madison, WI
Zoning PD · permitted uses
PD · 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.
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
4
Rooms
132
Lot
3.26 ac
Current owner
From public records · entity-resolved
Msnw Spe Hotel II LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 620994, MIDDLETON, WI 53562-0994
Ownership since
2017
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
Feb 5, 2024
—
Msnw Spe Hotel II LLC
—
Deed
related
$250,000 · Johnson Bank
Mar 13, 2017
—
Msnw Spe Hotel II LLC
7point5 LLC
Quit Claim Deed
related
—
Jan 14, 2014
—
Msnw Spe Hotel II LLC
Madison West Princeton Hotel Invest
Warranty Deed
$150,000 · Prudential Mortgage Capital Company
Mar 9, 2007
—
Madison West Princeton Lodging
Raymond,c J
Warranty Deed
—
Feb 21, 2007
—
C J Raymond
Madison West Princeton Lodging
Warranty Deed
—
—
—
Madison West Princeton Lodging
—
Deed Of Trust
related
$1,250,000 · State Bank Of Cross Plains
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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