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Financial
Distress signals
Property profile

5704 Raymond Rd Madison, WI 53711

FOR LEASE
Community centers
Property ID
US92-0599924
42,543 SF 2.97 ac lot Built 1964
Last sale Nov 2017 · $3,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Meadowood Shopping Center, located at 5704 Raymond Rd in Madison, Wisconsin (zip code 53711), presents a compelling leasing opportunity for a discerning tenant. This single-tenant retail property boasts a total building size of 55,000 square feet, situated on a generous 2.97-acre lot. Currently, 8,122 square feet of space is available for lease, offering significant potential for a variety of retail businesses. The property features ample parking, with 200 parking stalls readily available for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$53k
Tax billed · 2022
Assessed value · 2023$3.09M
Assessed land$997k
Assessed improvement$2.10M
Effective rate1.73%

Value estimate

· Oct 2026
$4.51M
$4.05M – $4.96M
Submarket $/SF estimate$4.86M
NOI build-up
Gross scheduled income$175k
Vacancy & credit loss−$9k
Operating expenses−$50k
NOI · 1,936,216.67% cap applied$116k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$192/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$114 – $267

Cap rate analysis

How does the asset earn?
1,936,216.67%
$116k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NMX
TR-U1: Traditional Residential - Urban 1 TR-U2: Traditional Residential - Urban 2 TR-R: Traditional Residential - Rustic TR-P: Traditiona...
General categoryMIXED_USE
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office24.9
Law Firm24.1
Realty agency20.9

Location

5704 Raymond Rd Madison, WI 53711
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 18 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
4633 Verona, Madison, WI 53711-2716 $825,000 Apr 2023 8,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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