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Property profile & analytics
OFF-MARKET
Estimated value
$2,880,000
Hotels
8102 Watts Rd, Madison, WI 53719-3800
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US92-0060062
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2017
Total area
46,725 SF
Lot
1.75 ac (76,056 SF)
Zoning code
PD
APN
0708-262-0901-1
UPID
US92-0060062
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
-
Tru by Hilton Madison West Hotel & Motel
-
SSM outpatient Clinic Medical Clinic
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Holly Court Prairie du Sac WI Housing Society
-
uw madison High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.98M
Blend (final)
Blend
$2.88M
Owner & transaction history
Madison West Princeton Investo · 19 yrs held
Madison West Princeton Investo
since 2007
7 recorded transactions
Zoning & alternative use
PD · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.6M
+73.9%
Medical building
$4.4M
+68.6%
Industrial (general)
$3.4M
+28.9%
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
HOTEL/MOTEL
$2,625,000
Current use
RETAIL STORES
$4,565,000
Change: +74% · Conversion: Difficult
MEDICAL BUILDING
$4,425,000
Change: +69% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,380,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$2.88M
Range $2.59M – $3.17M · ±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
$62 / 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
$144,184
Tax year 2022
Assessed value
$8,325,000
Assessed 2023
Previous assessed
$7,235,000
+15.1% YoY
Effective rate
1.73%
On assessed value
Assessed land
$760,000
Assessed improvement
$7,565,000
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
2017
Heating
NONE
Stories
4
Rooms
106
Total area
46,725 SF
Lot
1.75 ac (76,056 SF)
Zoning code
PD
APN
0708-262-0901-1
UPID
US92-0060062
Jurisdiction
DANE
Zoning & alternative use
PD · Madison, WI
Zoning PD · permitted uses
PD · 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
HOTEL/MOTEL Current
Est. value
$2.6M
RETAIL STORES
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.4M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
HOTEL/MOTEL Current
RETAIL STORES
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
2017
Heating
NONE
Stories
4
Rooms
106
Lot
1.75 ac
Current owner
From public records · entity-resolved
Madison West Princeton Investo
Individual
Mailing address
PO BOX 620994, MIDDLETON, WI 53562-0994
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2020
—
Madison West Princeton Investors I
—
Deed
related
$620,000 · Park Bank
May 22, 2017
—
Madison West Princeton Invtrs
—
Grant Deed
related
$10,500,000 · Park Bk
Mar 9, 2007
—
Madison West Princeton Investo
Raymond,c J
Warranty Deed
—
Feb 21, 2007
—
C J Raymond
Madison West Princeton Lodging
Warranty Deed
—
Mar 31, 2006
$4,500,000
Madison West Princeton Lodging
Hillpoint Properties LLC
Warranty Deed
$3,500,000 · State Bank Of Cross Plains
—
—
Madison West Princeton Lodging
—
Deed Of Trust
related
$1,000,000 · State Bank Of Cross Plains
—
—
Madison West Princeton Investo
—
Deed Of Trust
related
$1,020,000 · State Bank Of Cross Plains
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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