479 CommerceMadison, WI 53719

  • Hospitality properties
  • 90,660 SF
Off market
$11,579,942 Estimated

Property Details for 479 Commerce

Year built
2008
Lot size
3.30 AC
Property size (Sq ft)
90,660 SF
Zone code
PD
Property type
Hospitality properties
Property subtype
Hotels
APN
0708-262-0905-3
APU
70826209053

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,593,296
    6.5%
    $17,163,042
    7%
    $15,937,110
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,629,616
    Geo Method
    $27,749,892
  • Alternative Use

    Use
    Valuation
    Residential
    $18,737,056
    Hospitality
    $17,163,042
    Educational
    $14,279,449
    Medical
    $14,770,542
    Retail
    $22,212,476
479 Commerce, Madison, Wisconsin

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.0563
Longitude
-89.5219
CBSA code
31540
CBSA name
MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $7,988,200
  • Assessed land value
    $1,582,000
  • Assessed value
    $9,570,200
  • Tax year
    2022
  • Tax bill
    $156,802

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