5217 Ter Dr Madison, WI 53718-8339
Property profile & analytics
5217 Ter Dr Madison, WI 53718-8339
- Hotels
- 80,623 SF
- 3.00 lot acres
Property ID
US92-3511892
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- La Quinta Inn & Suites by Wyndham Madison American Center / Hotel & Motel
- Madison Home Security / Electronics & Wireless Store / Security Service
Property Details for 5217 Ter Dr
- Year built
- 1997
- Lot size
- 3.00 lot acres
- Property size
- 80,623 SF
- Zone code
- SEC
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 0810-221-0405-4
- APU
- 81022104054
Description
This 120-key La Quinta Inn & Suites, located in Madison, WI, presents a compelling investment opportunity. The hotel, situated at the I-90/151 interchange in the American Center Business Park, benefits from a prime location near the University of Wisconsin-Madison, Dane County Regional Airport, and East Town Mall, catering to both business and leisure travelers. Built in 1997 and extensively renovated in 2023, this four-story, 1,535 square foot property boasts quality concrete construction, originally built as a Woodfield Suites, resulting in oversized guest rooms and corridors. The hotel's strong performance in 2023 is reflected in its room revenue exceeding $2.4 million and a net operating income (NOI) of approximately $850,000. Madison's robust economy, driven by diverse industry clusters including university, medical, corporate, and leisure sectors, further enhances the property's long-term potential. This fee-simple interest offering provides an exceptional chance to acquire a well-positioned, high-performing hotel in a thriving Wisconsin market. The minimal changes of ownership post-renovation further minimize potential operational disruptions. The property's strong cash flow and strategic location make it an attractive investment for discerning buyers seeking a stable and growing hospitality asset.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,550,000
- ML approach
- $6,550,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,270,000
- 6.5%
- $7,635,000
- 7%
- $7,090,000
-
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $4,530,000 Current use
- MEDICAL BUILDING
- $7,635,000 Change: +69% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $6,545,000 Change: +44% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $6,175,000 Change: +36% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $5,835,000 Change: +29% Conversion: Difficult
- WAREHOUSE, STORAGE
- $4,905,000 Change: +8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.2907
- Latitude
- 43.1434
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$94,999
$505,000
$5,495,000
$6,000,000
-
$0.00
$0.00
$0.00
