Property profile

639 State St Madison, WI 53703

OFF-MARKET
Investment properties
Property ID
US92-0743327
6,775 SF 0.26 ac lot Built 1875
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1875
Total area 6,775 SF
Lot 0.26 ac (11,352 SF)
Zoning code DC
APN 0709-232-0305-7
UPID US92-0743327

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
  • Building Supply
  • Clothing Store

Location

639 State St Madison, WI 53703-1049
Madison metro Census 1603 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.48M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.61M
Blend (final) Blend
$7.00M

Owner & transaction history

since 2023
Last sale
$6.0M
2 recorded transactions
2023
$6.0M
2018
Price N/A

Zoning & alternative use

DC · Madison, WI
Zoning description

: Neighborhood Mixed-Use TSS: Traditional Shopping 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…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Apartment house (5+ units) $5.0M +47.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 639 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message