Property profile

502 Atlas Ave Madison, WI 53714

OFF-MARKET
Investment properties
Property ID
US92-0747966
3,249 SF 0.89 ac lot Built 1973
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1973
Total area 3,249 SF
Lot 0.89 ac (38,726 SF)
Zoning code IL
APN 0710-091-0205-6
UPID US92-0747966

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic
  • Physician Medical Clinic

Location

502 Atlas Ave Madison, WI 53714-3108
Madison metro Census 3001 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
$690k
Comparable Approach Comparable
$435k
Blend (final) Blend
$575k

Owner & transaction history

since 2022
Last sale
$525,000
7 recorded transactions
2023
Price N/A
2022
$525,000
2022
Price N/A
2022
$426,000
2021
Price N/A
2020
Price N/A
2012
Price N/A

Zoning & alternative use

IL · Madison, WI
Zoning description

This district provides for a mix of light manufacturing uses and offices and warehousing and flex space and limited storage and warehousing and limited retail and service uses that primarily serve the industrial uses des…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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