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Property profile & analytics
OFF-MARKET Estimated value $9,220,000
Apartment buildings

602 Johnson St Madison, WI 53703-1502

68,263 SF 1.1 ac lot Built 2010
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-0299622
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2010
Total area 68,263 SF
Lot 1.1 ac (48,047 SF)
Zoning code PD
APN 0709-133-1136-5
UPID US92-0299622
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
  • Grateful by His Grace Printing Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.88M
Comparable Approach Comparable
$6.08M
Blend (final) Blend
$9.22M
Owner & transaction history
City Row Apartments LLC · 16 yrs held
City Row Apartments LLC
since 2009
4 recorded transactions
2009
$2.7M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PD · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Planned Development zoning is site-specific zoning, where specific use and development requirements are written for each individual PD zone. Conventional zoning districts are districts whose rules are wholly within the City’s zoning code. Conventional zoning districts may be mapped and used in various areas throughout the city. Public Information Meetings Th…

Zone name Planned Development District
General category PLANNED_DEVELOPMENT
Zone area 4,588.13 ac
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