Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,695,000
Hotels
650 Grand Cyn Dr Madison, WI 53719-1044
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-3495124
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1983
Total area
27,839 SF
Lot
2.49 ac (108,682 SF)
Zoning code
CC
APN
0708-252-0414-5
UPID
US92-3495124
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
-
Best Western West Towne Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.70M
Owner & transaction history
Khodiyar Corp · 3 yrs held
Khodiyar Corp
since 2022
Last sale
$7.1M
7 recorded transactions
Zoning & alternative use
CC · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: 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…
Zone name
Commercial Center District
General category
MIXED_USE
Zone area
1,295.18 ac
Top alternative use upside
Restaurant
$5.1M
+226.5%
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
$7,695,000
ML approach
$7,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,105,000
Change: +226% · Conversion: Difficult
Blend value · Realmo final
$7.70M
Range $6.93M – $8.46M · ±10% · vs last sale $7.05M (Nov 3 2022)
Last sale anchor
$7.05M
Nov 3 2022
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
$276 / 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
$86,013
Tax year 2022
Assessed value
$7,050,000
Assessed 2023
Previous assessed
$4,345,000
+62.3% YoY
Effective rate
1.22%
On assessed value
Assessed land
$840,000
Assessed improvement
$6,210,000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1983
Heating
NONE
Stories
2
Rooms
102
Total area
27,839 SF
Lot
2.49 ac (108,682 SF)
Zoning code
CC
APN
0708-252-0414-5
UPID
US92-3495124
Jurisdiction
DANE
Zoning & alternative use
CC · Madison, WIZoning CC · permitted uses
CC · Madison, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: 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 DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown
Zone name
Commercial Center District
General category
MIXED_USE
Zone area
1,295.18 ac
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.1M
RESTAURANT
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
1983
Heating
NONE
Stories
2
Rooms
102
Lot
2.49 ac
Current owner
From public records · entity-resolved
Khodiyar Corp
Entity
Mailing address
650 GRAND CYN DR, MADISON, WI 53719-1044
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2022
$7,050,000
Khodiyar Corp
Rssg Group LLC
Special Warranty Deed
$5,287,500 · One Community Bank
Jun 15, 2022
—
Rssg Group LLC
—
Deed
related
$4,200,000 · One Community Bank
Jun 14, 2022
—
Rssg Group LLC
—
Deed
related
$200,000 · One Community Bank
Jun 3, 2022
—
Rssg Group LLC
—
Deed
related
$200,000 · One Community Bank
Mar 31, 2020
—
Rssg Group LLC
—
Deed
related
$150,000 · Starion Financial
Mar 15, 2019
—
Rssg Group LLC
—
Deed
related
$100,000 · Starion Financial
—
—
Best Western West Towne Suites
—
Deed Of Trust
related
$1,345,000 · Great Lakes Asset Corp INC
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.
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 650 Grand Cyn Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
