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Property profile & analytics
OFF-MARKET
Estimated value
$3,270,000
Office buildings
6420 Cottage Grv Rd, Madison, WI 53718-6592
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US92-3498181
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
2003
Total area
17,153 SF
Lot
1.42 ac (61,812 SF)
Zoning code
CC-T
APN
0710-111-0205-2
UPID
US92-3498181
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Door Creek Dental Dental Office
-
Dr. Scott Kirkpatrick Dental Office
-
Anytime Fitness Gym & Fitness Center
-
Summit Credit Union ATM Atm
-
Summit Credit Union Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.27M
Owner & transaction history
St Theresa Terrace LLC · 9 yrs held
St Theresa Terrace LLC
since 2016
7 recorded transactions
Zoning & alternative use
CC-T · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.0M
+27.2%
Auto repair, garage
$4.8M
+21.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,965,000
Current use
COMMERCIAL (GENERAL)
$5,040,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,835,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,295,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.27M
Range $2.94M – $3.60M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$191 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$69,091
Tax year 2022
Assessed value
$3,754,700
Assessed 2023
Previous assessed
$3,491,000
+7.6% YoY
Effective rate
1.84%
On assessed value
Assessed land
$550,000
Assessed improvement
$3,204,700
Applied tax rate
3,269.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2003
Heating
NONE
Stories
2
Total area
17,153 SF
Lot
1.42 ac (61,812 SF)
Zoning code
CC-T
APN
0710-111-0205-2
UPID
US92-3498181
Jurisdiction
DANE
Zoning & alternative use
CC-T · Madison, WI
Zoning CC-T · permitted uses
CC-T · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
2
Lot
1.42 ac
Current owner
From public records · entity-resolved
St Theresa Terrace LLC
Entity
Mailing address
4905 TONYAWATHA TRL, MONONA, WI 53716-2503
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2016
$3,500,000
St Theresa Terrace LLC
Stage Two Dev LLC
Warranty Deed
$2,178,619 · Bank Of Sun Prairie
Dec 7, 2007
$250,000
Stage Two Dev LLC
Meylor,gregory A & Marisa K
Warranty Deed
—
—
—
Stage Two Dev LLC
—
Deed Of Trust
related
$1,927,944 · Bank Of Sun Prairie
—
—
Stage Two Dev LLC
—
Deed Of Trust
related
$87,000 · Bank Of Sun Prairie
—
—
Stage Two Dev LLC
—
Deed Of Trust
related
$225,000 · Associated Bank
—
—
State Two Dev LLC
—
Deed Of Trust
related
$2,350,000 · Bank Of Sun Prairie
—
—
Stage Two Dev LLC
—
Deed Of Trust
related
$25,000 · Gregory A & Marissa K Meylor
—
—
Stage Two Dev LLC
—
Deed Of Trust
related
$2,000,000 · Bank Of Sun Prairie
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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