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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Warehouses
7133 Femrite Dr Madison, WI 53718-6814
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-1126762
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Lot
20.5 ac (892,980 SF)
Zoning code
IL
APN
0710-243-0102-1
UPID
US92-1126762
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
Suters Southeast Storage LLC · 18 yrs held
Suters Southeast Storage LLC
since 2007
7 recorded transactions
Zoning & alternative use
IL · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
—
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
$25,905
Tax year 2022
Assessed value
$1,566,000
Assessed 2023
Previous assessed
$1,426,000
+9.8% YoY
Effective rate
1.65%
On assessed value
Assessed land
$240,000
Assessed improvement
$1,326,000
Applied tax rate
3,381.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Buildings
9
Lot
20.5 ac (892,980 SF)
Zoning code
IL
APN
0710-243-0102-1
UPID
US92-1126762
Jurisdiction
DANE
Zoning & alternative use
IL · Madison, WI
Zoning IL · permitted uses
IL · 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.
Building & site characteristics
From public records
Heating
NONE
Buildings
9
Lot
20.5 ac
Current owner
From public records · entity-resolved
Suters Southeast Storage LLC
Entity
Free & Clear · 18 yrs held
Mailing address
7203 FEMRITE DR, MADISON, WI 53718-6815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2007
$4,100
Suters Southeast Storage LLC
Suters Speed Shop INC
Quit Claim Deed
related
—
Oct 17, 2007
—
Suters Speed Shop INC
—
Deed Of Trust
related
$385,000 · M&i Marshall & Ilsley Bk
—
—
Suters Southeast Storage LLC
—
Deed Of Trust
related
$575,000 · First Bk Fin'l Ctr
—
—
Suters Southeast Storage LLC
—
Deed Of Trust
related
$150,000 · First Bk Fin'l Ctr
—
—
Suters Southeast Storage LLC
—
Deed Of Trust
related
$75,000 · Monona Bk
—
—
Suters Southeast Storage LLC
—
Deed Of Trust
related
$1,053,037 · Mcfarland St Bk
—
—
Suters Southeast Storage LLC
—
Deed Of Trust
related
$100,000 · Mcfarland St Bk
—
—
Suters Southeast Storage LLC
—
Deed Of Trust
related
$2,040,000 · Monona Bk
—
—
Suters Southeast Storage LLC
—
Deed Of Trust
related
$763,000 · M&i Marshall & Ilsley Bk
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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