Property profile

505 Cottage Grv Rd Madison, WI 53716

OFF-MARKET
Investment properties
Property ID
US92-0789646
2,597 SF 0.24 ac lot Built 1973
Entity 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 2,597 SF
Lot 0.24 ac (10,620 SF)
Zoning code CC-T
APN 0710-093-0118-7
UPID US92-0789646

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
  • Charitable Organization Social Service Agency
  • Hair Salon Nail Salon
  • Insurance Agency

Location

505 Cottage Grv Rd Madison, WI 53716-1163
Madison metro Census 2800 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.02M
CAP Approach CAP
$550k
Comparable Approach Comparable
$702k
Blend (final) Blend
$1.04M

Owner & transaction history

since 2023
Last sale
$890,000
7 recorded transactions
2023
$890,000
2023
Price N/A
2020
$692,200
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC-T · Madison, WI
Zoning description

TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center…

General category MIXED_USE
Top alternative use upside
Retail stores $910,000 +19.4%

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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