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Property profile & analytics
OFF-MARKET
Estimated value
$13,220,000
Apartment buildings
8502 Old Sauk Rd, Middleton, WI 53562-5147
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US92-0048273
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2006
Total area
103,610 SF
Lot
1.58 ac (68,738 SF)
Zoning code
PD WP-28
APN
0708-154-0333-5
UPID
US92-0048273
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.22M
Owner & transaction history
The Brownstone On Old Sauk Road LLC
The Brownstone On Old Sauk Road LLC
since 2025
6 recorded transactions
Zoning & alternative use
PD WP-28 · Middleton, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$128 / 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
$191,962
Tax year 2022
Assessed value
$11,210,000
Assessed 2023
Previous assessed
$10,209,000
+9.8% YoY
Effective rate
1.71%
On assessed value
Assessed land
$481,000
Assessed improvement
$10,729,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2006
Heating
NONE
Stories
4
Units
60
Total area
103,610 SF
Lot
1.58 ac (68,738 SF)
Zoning code
PD WP-28
APN
0708-154-0333-5
UPID
US92-0048273
Jurisdiction
DANE
Zoning & alternative use
PD WP-28 · Middleton, WI
Zoning PD WP-28 · permitted uses
PD WP-28 · Middleton, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middleton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
4
Units
60
Lot
1.58 ac
Current owner
From public records · entity-resolved
The Brownstone On Old Sauk Road LLC
Entity
Mailing address
120 W GORHAM ST, MADISON, WI 53703-2009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
—
The Brownstone On Old Sauk Road LLC
—
Deed
related
$8,000,000 · Associated Bank NA
Sep 11, 2020
—
Brownstone On Old Sauk Road Ll
—
Deed
related
$7,500,000 · Westbury Bank
May 5, 2006
—
Brownstone Of Old Sauk Road LLC
—
Trustees Deed
related
$6,720,000 · Town Bank
—
—
Brownstone Of Old Sauk Road LLC
—
Deed Of Trust
related
$6,720,000 · Town Bank
—
—
Brownstone Of Old Sauk Road LLC
—
Deed Of Trust
related
$5,800,000 · Town Bank
—
—
Brownstone Of Old Sauk Road LLC
—
Deed Of Trust
related
$430,000 · Town Bank
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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