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Property profile & analytics
OFF-MARKET Estimated value $2,880,000
Hotels

8102 Watts Rd Madison, WI 53719-3800

46,725 SF 1.75 ac lot Built 2017
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
2020
Price N/A
2017
Price N/A
2007
Price N/A
2007
Price N/A
2006
$4.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PD · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Planned Development zoning is site-specific zoning, where specific use and development requirements are written for each individual PD zone. Conventional zoning districts are districts whose rules are wholly within the City’s zoning code. Conventional zoning districts may be mapped and used in various areas throughout the city. Public Information Meetings Th…

Zone name Planned Development District
General category PLANNED_DEVELOPMENT
Zone area 4,588.13 ac
Top alternative use upside
Retail stores $4.6M +73.9%
Medical building $4.4M +68.6%
Industrial (general) $3.4M +28.9%
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