Property profile

999 Park St Madison, WI 53715

OFF-MARKET
Auto shops
Property ID
US92-0501271
2,162 SF 0.53 ac lot Built 1970
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3,300 square foot standalone building offers a unique blend of retail and office space, ideally situated in Madison's vibrant Bay Creek submarket. Located at 999 S Park St, this single-tenant property boasts 150 feet of frontage on Park Street and 86 feet on Lakeside Street, providing excellent visibility and accessibility. Built in 1970, the one-story building sits on a 0.53-acre lot and includes 24 parking spaces, addressing ample parking needs. The property features three 10-foot-high dock doors, offering versatile usage potential for various businesses, including the possibility of a drive-thru. These doors could also serve as additional office space, artist studios, or contract work areas. The zoning is TSS. The property's proximity to the University of Wisconsin campus and major hospitals like Meriter and St. Mary's Hospitals makes it an attractive location for a wide range of businesses. The building's location within a growing and dynamic corridor ensures high visibility and potential for strong tenant occupancy. The property's APN is 0709-262-0221-2. Currently under contract, pre-leasing inquiries are welcome.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1970
Total area 2,162 SF
Lot 0.53 ac (23,231 SF)
Zoning code TSS
APN 0709-262-0221-2
UPID US92-0501271

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

999 Park St Madison, WI 53715-1860
Madison metro Census 1300 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.10M

Owner & transaction history

since 2024
Last sale
$1.1M
1 recorded transaction
2024
$1.1M

Zoning & alternative use

TSS · Madison, WI
Zoning description

ial - Urban 1 TR-U2: Traditional Residential - Urban 2 TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use…

General category MIXED_USE
Top alternative use upside
Retail stores $760,000 +24.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 999 Park St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message