Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5610 Medical Cir Madison, WI 53719-1227

    • Investment properties
    • 14,472 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimations
    $1,505,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-0248803
    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.

    Current Use by Public Records

    • MJ Barnes & Associates / Real Estate Appraiser / Real Estate Consultant
    • Revelation PR, Advertising & Social Media / Website Designer / Advertising Agency
    • The Compass Group / Real Estate Consultant / Environmental Consultant
    • Revelation Events / Event Planner
    • Dr. Stuart Mccormick / Dentist / Practitioner Service Location

    Property Details for 5610 Medical Cir

    Year built
    1972
    Lot size
    0.93 lot acres
    Property size
    14,472 SF
    Zone code
    CC-T
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0709-303-0305-6
    APU
    70930303056

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,789,000
      Market price range: $1.63M - $7.78M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.4772
    Latitude
    43.0493
    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
    $14,836
    $352,000
    $533,600
    $885,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,550,000
      7,400 SF

      5706 Odana Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 7,400 SF
      5706 Odana Rd, Madison, WI 53719-1275
      View Details
    • Value Estimation
      $4,430,000
      24,769 SF

      3173 Muir Fld Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 24,769 SF
      3173 Muir Fld Rd, Madison, WI 53719-2559
      View Details
    • Value Estimation
      $845,000
      3,696 SF

      6502 Normandy Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 3,696 SF
      6502 Normandy Ln, Madison, WI 53719-1082
      View Details
    • Value Estimation
      $735,000
      5,250 SF

      5602 Medical Cir

      OFFICE/RESIDENTIAL (MIXED USE) • 5,250 SF
      5602 Medical Cir, Madison, WI 53719-1273
      View Details
    • Value Estimation by Request
      1,344 SF

      433 Grand Cyn Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,344 SF
      433 Grand Cyn Dr, Madison, WI 53719-1001
      View Details
    • Value Estimation by Request
      1.44 Acres

      5510 Element Way

      OFFICE/RESIDENTIAL (MIXED USE) • 1.44 Acres
      5510 Element Way, Madison, WI 53719-8805
      View Details

    Similar Nearby for Sale

    • $275,000
      17,860 SF

      Fitchburg Shopping Center Investment

      17,860 SF Mixed-Use Property, Dane County, WI
      6204 Nesbitt Rd, Fitchburg, WI 53719
      View Details
    • Contact for pricing

      Mixed-Use Building Near Beltline Highway

      Mixed-use commercial building with easy access and ample parking.
      658 S Gammon Rd, Madison, WI 53719
      View Details
    • $875,000
      0.94 Acres

      Madison Outlot: Prime Retail Land

      High-visibility commercial land near West Towne Mall.
      0 High Pt Rd & D’onofrio Dr, Madison, WI 53719
      View Details
    • Contact for pricing
      2.13 Acres

      Madison Retail Land Opportunity

      Prime Fitchburg location, high-growth area.
      2883 Fitchrona Rd, Madison, WI 53719
      View Details
    • Contact for pricing
      20,530 SF

      Madison Commercial Space For Lease

      Modern Office Suite, West Towne Area
      429 Gammon Pl, Madison, WI 53719
      View Details
    • Contact for pricing
      13 SF

      Retail Shops Near West Towne

      Retail property with high visibility near West Towne Mall.
      517 S Gammon Rd, Madison, WI 53719
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      21,500 SF

      Fitchburg Office Space Available

      Modern office suites, flexible layouts.
      2923 Marketplace Dr, Fitchburg, WI 53719
      View Details
    • Contact for pricing
      13,114 SF

      Madison Retail Space - Gammon Rd

      Prime Madison storefront, multiple spaces available.
      517 Gammon Rd, Madison, WI 53719
      View Details
    • $15 SF/Yr
      39,891 SF

      Madison Executive Office Suites

      Premium Office Space, West Madison
      6300 Enterprise Ln, Madison, WI 53719
      View Details
    • $234 SF/Yr
      40,000 SF

      Madison Office Space for Lease

      Prime West-Side Madison Office Suites
      434 Yellowstone Dr, Madison, WI 53719
      View Details
    • $9 SF/Yr
      4,347 SF

      Fitchburg Flex Space: McKee Road

      4,347 SF Flex Space, Fitchburg, WI
      6060 Mckee Rd, Fitchburg, WI 53719
      View Details
    • $20 SF/Yr
      2,004 SF

      West Side Office Location

      Hybrid office location with food amenities and highway access.
      474 Commerce Dr, Madison, WI 53719
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5610 Medical Cir
    Madison, WI 53719-1227
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.