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Property profile & analytics
OFF-MARKET
Estimated value
$4,570,000
Strip malls
7815 Mineral Pt Rd Madison, WI 53717-1604
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-0570008
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Total area
14,859 SF
Lot
1.59 ac (69,130 SF)
Zoning code
RMX
APN
0708-262-0802-1
UPID
US92-0570008
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
-
Talbots Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.72M
Comparable Approach
Comparable
$3.97M
Blend (final)
Blend
$4.57M
Owner & transaction history
7803 Mineral Point Shops LLC · 4 yrs held
7803 Mineral Point Shops LLC
since 2021
Last sale
$5.3M
5 recorded transactions
Zoning & alternative use
RMX · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.2M
+82.9%
Restaurant
$5.0M
+73.6%
Commercial (general)
$4.4M
+53.1%
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%
$4,025,000
6.5%
$3,715,000
7%
$3,450,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,850,000
Current use
RETAIL STORES
$5,215,000
Change: +83% · Conversion: Easy
RESTAURANT
$4,950,000
Change: +74% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,370,000
Change: +53% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,190,000
Change: +47% · Conversion: Difficult
OFFICE BUILDING
$3,435,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$4.57M
Range $4.11M – $5.03M · ±10% · vs last sale $5.30M (Dec 20 2021)
Last sale anchor
$5.30M
Dec 20 2021
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
$308 / 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
$100,297
Tax year 2022
Assessed value
$5,298,000
Assessed 2023
Previous assessed
$5,298,000
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$780,000
Assessed improvement
$4,518,000
Applied tax rate
3,549.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1996
Heating
NONE
Buildings
3
Stories
1
Total area
14,859 SF
Lot
1.59 ac (69,130 SF)
Zoning code
RMX
APN
0708-262-0802-1
UPID
US92-0570008
Jurisdiction
DANE
Zoning & alternative use
RMX · Madison, WI
Zoning RMX · permitted uses
RMX · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.9M
RETAIL STORES
Est. value
$5.2M
RESTAURANT
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1996
Heating
NONE
Stories
1
Buildings
3
Lot
1.59 ac
Current owner
From public records · entity-resolved
7803 Mineral Point Shops LLC
Entity
Mailing address
430 2ND ST, HUDSON, WI 54016-1510
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2021
$5,298,400
7803 Mineral Point Shops LLC
University LP
Special Warranty Deed
$5,904,000 · Greenstate Cu
Jun 20, 2016
—
University LP
—
Deed
related
$1,400,000 · Miscellaneous Ins Co
Dec 2, 2010
$660,200
Mp30 LLC
University LP
Warranty Deed
—
—
—
University LP
—
Loan Modification
related
$1,400,000 · Miscellaneous Ins Co
—
—
University
—
Deed Of Trust
related
$1,900,000 · Miscellaneous Ins Co
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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