Entity Owned Property summary
AI-generated overview
The property at 5826 Balsam Road, Madison, Wisconsin 53711 is a five-unit apartment-style multifamily/residential income building located on the west side of Madison in Dane County. The lot covers approximately 0.37 acres and the property is zoned SR-V1. Each unit includes functional living space with kitchens and bathrooms, and the building provides off-street parking. Common on-site laundry is available, and units have separate utilities. The property is situated near local parks, shopping and dining, with access to bus routes for area commuting.
Property profile
Verified
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Total area
3,562 SF
Lot
0.37 ac (16,052 SF)
Zoning code
SR-V1
APN
0609-062-0318-2
UPID
US92-3472191
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$375k
Blend (final)
Blend
$530k
Owner & transaction history
since 2025
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
SR-V1 · Madison, WI
Zoning description
The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types typically located in the outlying parts of the City and to promote and…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$530k
Value range
$477k – $583k
±10% around blend
Estimated value / SF
$149 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$477k
blend $530k
$583k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,562 SF
Lot area
0.37 ac
Year built
1959
Stories
2
APN
0609-062-0318-2
Zoning
SR-V1
Assessed value
$495,000
Annual tax
$7,881
3
Income approach: direct capitalization
Partial preview
Income approach indication
$670k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$730k
@ 6.5% CAP return
$670k
@ 7% CAP return
$625k
4
Sales comparison
Partial preview
Sales approach indication
$375k
Range $250k – $1.30M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$530k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 35 sales
$1,469
-90%
Submarket 189 sales
$590
-75%
County 190 sales
$588
-75%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $149/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
8.20%
Implied, in-place cap rate for this other apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.20%
9.0%
NOI (est.)
$46k *
Last sale · Dec 2025
$650k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$555k
Move the market yield to see immediate price impact.
Value / SF
$156
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.70%8.20%8.70%
$41k
$532k
$499k
$471k
$46k
$591k
$555k
$523k
$50k
$650k
$610k
$575k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$7,881
Tax year 2022
Assessed value
$495,000
Assessed 2023
Previous assessed
$402,000
+23.1% YoY
Effective rate
1.59%
On assessed value
Assessed land
$124,000
Assessed improvement
$371,000
Applied tax rate
3,269.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1959
Heating
NONE
Stories
2
Units
5
Rooms
23
Bathrooms
5
Total area
3,562 SF
Lot
0.37 ac (16,052 SF)
Zoning code
SR-V1
APN
0609-062-0318-2
UPID
US92-3472191
Jurisdiction
DANE
Zoning & alternative use
SR-V1 · Madison, WIZoning SR-V1 · permitted uses
SR-V1 · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types typically located in the outlying parts of the City and to promote and…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Stories
2
Units
5
Rooms
23
Bathrooms
5
Lot
0.37 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
SR-V1
RESIDENTIAL
Jurisdiction
Madison, WI
Recorded code
SR-V1
Official district
SR-V1
Official district profile
What the municipal code says about SR-V1
Zoning description
The SR-V Districts are established to stabilize and protect the essential characteristics of residential areas of varying densities and housing types typically located in the outlying parts of the City and to promote and…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SR-V1 in Madison, WI.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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