Property profile

616 University Ave Madison, WI 53715

OFF-MARKET
Turn key restaurants
Property ID
US92-1281429
2,540 SF 0.07 ac lot Built 1960
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 2,540 SF
Lot 0.07 ac (3,124 SF)
Zoning code UMX
APN 0709-232-0321-3
UPID US92-1281429

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

616 University Ave Madison, WI 53715-1036
Madison metro Census 1603 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

UMX · Madison, WI
Zoning description

ng Street MXC: Mixed-Use Center CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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