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    Property profile & analytics

    861 Progress Way Sun Prairie, WI 53590-9571

    • Industrial properties
    • 36,400 SF
    • 6.20 lot acres
    OFF-MARKET
    Value Estimation
    $2,240,000
    Last Sale
    Aug 31, 2020
    $1,777,500
    Location Intelligence
    Property ID
    US92-0877590
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Four Lakes Label / Manufacturer / Digital Printing Service

    Property Details for 861 Progress Way

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    6.20 lot acres
    Property size
    36,400 SF
    Property type
    Industrial properties
    APN
    0911-331-5790-2
    APU
    91133157902

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,655,000
      6.5%
      $1,930,000
      7%
      $1,945,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,640,000
      Geo Method
      $1,615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,870,000
      Retail
      $1,550,000
      Mixed-Use
      $1,760,000
      Hospitality
      $1,645,000
      Educational
      $1,660,000
      Residential Income
      $1,435,000
      Energy
      $1,820,000
      Income-Based Land
      $1,345,000
      Food Service
      $1,715,000

    Location Insight

    • Map
    • Local Demand
    City
    Sun Prairie
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.1939
    Latitude
    43.2043
    CBSA code
    31540
    CBSA name
    MADISON, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $51,148
    $559,000
    $2,324,100
    $2,883,100
    -
    $0.00
    $0.00
    $2,883,400

    Comparable in this City

    • Value Estimation by Request
      11.01 Acres

      314 Wilburn Rd

      INDUSTRIAL (GENERAL) • 11.01 Acres
      314 Wilburn Rd, Sun Prairie, WI 53590-1474
      View Details
    • Value Estimation by Request
      4,400 SF

      117 Thompson Rd

      INDUSTRIAL (GENERAL) • 4,400 SF
      117 Thompson Rd, Sun Prairie, WI 53590
      View Details
    • Value Estimation by Request
      1.84 Acres

      576 Linnerud Dr

      INDUSTRIAL (GENERAL) • 1.84 Acres
      576 Linnerud Dr, Sun Prairie, WI 53590-2944
      View Details
    • Value Estimation
      $310,000
      4,176 SF

      457 Linnerud Dr

      INDUSTRIAL (GENERAL) • 4,176 SF
      457 Linnerud Dr, Sun Prairie, WI 53590-2923
      View Details
    • Value Estimation by Request
      3.88 Acres

      480 Progress Way

      INDUSTRIAL (GENERAL) • 3.88 Acres
      480 Progress Way, Sun Prairie, WI 53590-9111
      View Details
    • Value Estimation by Request
      65,353 SF

      1835 Haynes Dr

      INDUSTRIAL (GENERAL) • 65,353 SF
      1835 Haynes Dr, Sun Prairie, WI 53590-3909
      View Details

    Similar Nearby for Sale

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    • $600,000
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      Prime 2.44-acre lot, ideal for development.
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    Similar Nearby for Lease

    • $6 SF/Yr
      10,000 SF

      Sun Prairie Warehouse Space Available

      10,000 SF warehouse with drive-in doors and fenced yard.
      540 Linnerud Dr, Sun Prairie, WI 53590
      View Details
    • $8 SF/Yr
      8,162 SF

      Sun Prairie Retail/Warehouse Space

      8,162 SF retail/warehouse space with easy highway access.
      463 Broadway Dr, Sun Prairie, WI 53590
      View Details
    • $8,690,000
      54,337 SF

      Sun Prairie Warehouse For Lease

      54,337 SF warehouse with interstate access in Sun Prairie.
      1824 Haynes Dr, Sun Prairie, WI 53590
      View Details
    • $87,500

      Sun Prairie Industrial Warehouse For Lease

      10,000 sq ft industrial warehouse with office and loading dock.
      868b Progress Way, Sun Prairie, WI 53590
      View Details
    • $5 SF/Yr
      179,526 SF

      Sun Prairie Industrial Space Available

      High-quality manufacturing/distribution facility.
      150 Business Park Dr, Sun Prairie, WI 53590
      View Details
    • $6 SF/Yr
      10,000 SF

      Sun Prairie Warehouse Space Available

      10,000 sq ft warehouse with fenced storage yard.
      540 Linnerud Dr Sun Pr, Sun Prairie, WI 53590
      View Details
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    861 Progress Way
    Sun Prairie, WI 53590-9571
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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