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Property profile & analytics
OFF-MARKET
Estimated value
$10,350,000
Hotels
5109 Ter Dr, Madison, WI 53718-8344
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-3470366
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2006
Total area
90,712 SF
Lot
4.8 ac (209,088 SF)
Zoning code
SEC
APN
0810-223-0701-2
UPID
US92-3470366
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
-
Geier's Grill Restaurant
-
The Loft at 132 Restaurant
-
Holiday Inn Madison at the American Center, an IHG Hotel Hotel & Motel
-
Bridges golf course Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.35M
CAP Approach
CAP
$8.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.35M
Owner & transaction history
Madison Hotel Group LLC · 1 yrs held
Madison Hotel Group LLC
since 2024
Last sale
$10.4M
7 recorded transactions
Zoning & alternative use
SEC · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.6M
+226.5%
Retail stores
$12.8M
+152.1%
Medical building
$8.6M
+68.6%
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
Method
Estimation
Statistic approach
$10,350,000
ML approach
$10,350,000
CAP Approach
CAP Return
Estimation
6%
$9,305,000
6.5%
$8,590,000
7%
$7,975,000
Alternative Use
Use
Estimation
RESTAURANT
$16,640,000
Change: +226% · Conversion: Difficult
RETAIL STORES
$12,845,000
Change: +152% · Conversion: Difficult
MEDICAL BUILDING
$8,590,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,365,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,950,000
Change: +36% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,565,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$10.35M
Range $9.32M – $11.39M · ±10% · vs last sale $10.35M (Aug 16 2024)
Last sale anchor
$10.35M
Aug 16 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / 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
$139,184
Tax year 2022
Assessed value
$7,961,400
Assessed 2023
Previous assessed
$6,904,200
+15.3% YoY
Effective rate
1.75%
On assessed value
Assessed land
$1,368,000
Assessed improvement
$6,593,400
Applied tax rate
5,656.0000
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
2006
Heating
NONE
Stories
5
Rooms
138
Total area
90,712 SF
Lot
4.8 ac (209,088 SF)
Zoning code
SEC
APN
0810-223-0701-2
UPID
US92-3470366
Jurisdiction
DANE
Zoning & alternative use
SEC · Madison, WI
Zoning SEC · permitted uses
SEC · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$16.6M
RETAIL STORES
Est. value
$12.8M
MEDICAL BUILDING
Est. value
$8.6M
AUTO REPAIR, GARAGE
Est. value
$7.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.0M
INDUSTRIAL (GENERAL)
Est. value
$6.6M
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
5
Rooms
138
Lot
4.8 ac
Current owner
From public records · entity-resolved
Madison Hotel Group LLC
Entity
Mailing address
5150 HIGH XING BLVD, MADISON, WI 53718-6388
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2024
$10,350,000
Madison Hotel Group LLC
Madison Northeast LLC
Land Contract
—
Jan 19, 2021
—
Madison Northeast LLC
—
Deed
related
$11,000,000 · Park Bank
Jun 14, 2016
—
Madison Northeast LLC
—
Deed
related
$12,000,000 · Bank Of Sun Prairie
Apr 11, 2008
—
Madison Northeast LLC
—
Grant Deed
related
$2,146,275 · Bank Of Sun Prairie
Jan 17, 2008
—
Madison Northeast LLC
—
Trustees Deed
related
$1,500,000 · Bank Of Sun Prairie
Jun 15, 2007
—
Madison Northeast LLC
—
Trustees Deed
related
$3,000,000 · Bank Of Sun Prairie
Apr 30, 2007
—
Madison Northeast LLC
—
Grant Deed
related
$8,500,000 · Bank Of Sun Prairie
Apr 14, 2006
—
Madison Northeast LLC
—
Trustees Deed
related
$8,500,000 · Bank Of Sun Prairie
Mar 23, 2006
$1,244,100
Madison Northeast LLC
American Family Mutual Ins
Warranty Deed
$1,228,175 · Bank Of Sun Prairie
—
—
Madison Northeast LLC
—
Deed Of Trust
related
$11,412,409 · Bank Of Sun Prairie
—
—
Madison Northeast LLC
—
Deed Of Trust
related
$12,000,000 · Bank Of Sun Prairie
—
—
Madison Northeast LLC
—
Deed Of Trust
related
$12,000,000 · Maritime Savings Bank
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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