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Property profile & analytics
OFF-MARKET
Estimated value
$2,150,000
Commercial real estate
8309 Greenway Blvd Middleton, WI 53562-3536
Entity Owned
2-yr Hold
Free & Clear
Property ID
US92-1187580
Property summary
AI-generated overview
This exceptional retail opportunity is located in a brand-new mixed-use development at the highly visible corner of Greenway Boulevard and John Q Hammons Drive in Middleton, Wisconsin. The space, part of a larger 252,721 square foot building, is scheduled for completion in Spring 2026. Currently, one unit is available, offering a flexible footprint ranging from 4,850 to 5,000 square feet. This is ideal for businesses seeking a prominent location with excellent visibility and accessibility. The building is designed for multiple tenants, providing a vibrant and collaborative environment. The minimum leasable space is 5,000 square feet, with a maximum contiguous space of 5,000 square feet. This prime retail space is perfectly situated near Greenway Station, ensuring high foot traffic and convenient access for customers. The modern construction and design offer a fresh, contemporary aesthetic, perfect for a variety of retail businesses. Don't miss this chance to establish your business in a thriving Middleton location. Contact us today to learn more about this exciting opportunity.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.24 ac (97,531 SF)
APN
0708-151-0345-2
UPID
US92-1187580
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
$2.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.15M
Owner & transaction history
Greenway Project LLC · 2 yrs held
Greenway Project LLC
since 2024
Last sale
$2.2M
5 recorded transactions
Zoning & alternative use
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 Middleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleton 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
$2,150,000
ML approach
$2,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.15M
Range $1.94M – $2.37M · ±10% · vs last sale $2.15M (Apr 2 2024)
Last sale anchor
$2.15M
Apr 2 2024
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
$43,416
Tax year 2022
Assessed value
$2,546,000
Assessed 2023
Previous assessed
$2,546,000
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$1,176,500
Assessed improvement
$1,369,500
Total market value
$2,862,300
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
2.24 ac (97,531 SF)
APN
0708-151-0345-2
UPID
US92-1187580
Jurisdiction
DANE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
2.24 ac
Current owner
From public records · entity-resolved
Greenway Project LLC
Entity
Free & Clear · 2 yrs held
Ownership since
2024
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
Oct 15, 2024
—
Greenway Project LLC
—
Deed
related
$48,500,000 · One Community Bank
Apr 2, 2024
$2,150,000
Greenway Project LLC
Ax Madison Greenway LP
Warranty Deed
—
Jun 14, 2016
—
Ax Madison Greenway LP
Greenway Office Center LLC
Special Warranty Deed
$106,700,000 · Us Bank NA
Apr 27, 2006
$1,336,560
Greenway Office Center LLC
Greenway Properties INC
Warranty Deed
related
—
Apr 14, 2006
—
City Of Middleton
Greenway Properties INC
Quit Claim Deed
related
—
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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