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Financial
Distress signals
Property profile

634 West Main St Madison, WI 53703

FOR LEASE
Showrooms
Property ID
US92-1187236
8,640 SF 0.52 ac lot Built 1915
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 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

This exceptional Class A office building at 634 W Main St offers multiple tenancy options in a vibrant downtown Madison location. Two available suites range from 2,244 to 3,539 contiguous square feet, perfect for businesses seeking flexible space. The building boasts a four-story design with 174 parking spaces for convenient access. Each suite features desirable characteristics including abundant natural light, exposed brick, wood beams, and wood floors, creating a unique and attractive work…

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?
$46k
Tax billed · 2022
Assessed value · 2023$2.32M
Assessed land$565k
Assessed improvement$1.76M
Effective rate1.97%

Value estimate

· Oct 2026
$1.72M
$1.55M – $1.89M
CAP approach$1.84M
Submarket $/SF estimate$1.31M
NOI build-up
Gross scheduled income$215k
Vacancy & credit loss−$32k
Operating expenses−$46k
NOI · 464,684.75% cap applied$137k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$502/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$330 – $680
Qualifying comparables15

Cap rate analysis

How does the asset earn?
464,684.75%
$137k 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?
UMX
This district is intended to provide opportunities for high density residential and office uses in combination with limited retail and se...
General categoryMIXED_USE
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.1
Electrical Service10.1
Plumbing Service9.8

Location

634 West Main St Madison, WI 53703
County assessor Recorded deeds · 4 transfers 15 qualifying comp sales 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
734 Washington, Madison, WI 53703-2934 $4,327,000 May 2025 4,480 SF
670 State, Madison, WI 53703-1016 $900,000 Mar 2025 1,773 SF
12 Few, Madison, WI 53703-3011 $274,800 Nov 2022 3,136 SF
1257 Johnson, Madison, WI 53703-1705 $334,000 Apr 2022 1,822 SF
609 Dayton, Madison, WI 53703 $1,100,000 Dec 2021 6,381 SF
901 Johnson, Madison, WI 53703-1621 $400,000 Nov 2021 2,310 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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