Technical
Financial
Distress signals
Property profile

640 Washington Ave Madison, WI 53703

OFF-MARKET
Community centers
Property ID
US92-1242414
22,365 SF 1.67 ac lot Built 1903
Entity Owned 13-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1903
Total area 22,365 SF
Lot 1.67 ac (72,702 SF)
Zoning code HIS-L UMX
APN 0709-232-2925-1
UPID US92-1242414

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
  • Car Rental Facility
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Marketing & Advertising

Location

640 Washington Ave Madison, WI 53703-2698
Madison metro Census 1606 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.48M

Owner & transaction history

since 2013
3 recorded transactions
2013
Price N/A
2013
$2.6M
1969
Price N/A

Zoning & alternative use

HIS-L UMX · Madison, WI
Top alternative use upside
Office building $5.2M +20.4%

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 640 Washington Ave?
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