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    Property profile & analytics

    604 University Ave Madison, WI 53715-1036

    • Investment properties
    • 2,520 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 01, 2024
    Location Intelligence
    Property ID
    US92-1224587
    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

    • Dagu Rice Noodle / Asian Restaurant

    Property Details for 604 University Ave

    Year built
    1912
    Lot size
    0.06 lot acres
    Property size
    2,520 SF
    Zone code
    UMX
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0709-232-0324-7
    APU
    70923203247

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3961
    Latitude
    43.0734
    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
    $30,902
    $190,000
    $1,460,000
    $1,650,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,331 SF

      910 Wingra Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 4,331 SF
      910 Wingra Dr, Madison, WI 53715-1943
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    • Value Estimation by Request
      2,240 SF

      2 Mls St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,240 SF
      2 Mls St, Madison, WI 53715-1308
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    • Value Estimation by Request
      13,403 SF

      1 Park St

      OFFICE/RESIDENTIAL (MIXED USE) • 13,403 SF
      1 Park St, Madison, WI 53715-1315
      View Details
    • Value Estimation
      $305,000
      1,197 SF

      1225 Regent St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,197 SF
      1225 Regent St, Madison, WI 53715-1252
      View Details
    • Value Estimation
      $360,000
      1,144 SF

      334 Lakeside St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,144 SF
      334 Lakeside St, Madison, WI 53715-2072
      View Details
    • Value Estimation
      $400,000
      1,500 SF

      402 Lakeside St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,500 SF
      402 Lakeside St, Madison, WI 53715-1741
      View Details

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      Land Available in Madison, WI

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    Similar Nearby for Lease

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      Retail/Office Space in Downtown Madison

      Retail and office spaces with cooler and signage opportunity.
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      New retail development with excellent visibility and traffic.
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    604 University Ave
    Madison, WI 53715-1036
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    Realmo Value Estimation

    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.

    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.

    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
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