Office Suite With Expansion
103-625 N Segoe Rd, Madison, WI 53705
For Sale
Contact for pricing
Office configuration includes private rooms, a conference room, reception, and adaptable workspace within a commercial condominium building.
Property Size959 SF
Price / SF$28
Days on Market59
Property Features for 103-625 N Segoe Rd
General Information
Standard status
Size
Class
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
secure building
onsite weekday manager
main floor patio and lounge
12th floor rooftop terrace
fitness room
additional lounge
Building Details
Buildings
Tenancy
Listing Agency:
Stark Company, REALTORS
(608) 836-9300
Listed By:
T. Peter Falk · License WI #537539020519
(608) 698-0900
Source:
Exprealty
Added: Sep 14
Changed: Oct 26
Last Checked: Nov 10 at 9:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stark Company, REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit at 103-625 N Segoe Rd in Madison includes approximately 959 usable square feet arranged with offices, a conference room, reception, and flexible workspace. An adjoining 617-square-foot studio provides additional space for storage or expansion. The suite is located within the Weston Place condominium building.
Building amenities include a weekday onsite manager, heated garage parking, a main-floor patio and lounge, a rooftop terrace on the 12th floor, a fitness room, and an additional lounge. The property is identified as office space within a commercial condominium setting.
Building amenities include a weekday onsite manager, heated garage parking, a main-floor patio and lounge, a rooftop terrace on the 12th floor, a fitness room, and an additional lounge. The property is identified as office space within a commercial condominium setting.
Key Highlights
- Approximately 959 usable square feet of office space
- Adjoining 617‑square‑foot studio for storage or office expansion
- Includes offices, conference room, reception, and flexible workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,178
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,560
$323.6K
Cap Rate 7%
$231,114
$231.1K
Cap Rate 9%
$179,756
$179.8K
Market Conditions
NOI Build-Up for 959 SF
Gross rent
$25.3K $26.40/SF
− Vacancy
−$3.7K −$3.91/SF
EGI
$21.6K $22.49/SF
− OpEx
−$5.4K −$5.62/SF
NOI
$16.2K $16.87/SF
Area
Madison, WI
Vacancy
14.80%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,560
Cap Rate 7%
$231,114
Cap Rate 9%
$179,756
Alternative Uses
Best Use
Office B
$231.1K
$202.2K – $269.6K
NOI $16,178 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$280.1K
$245.1K – $326.8K
NOI $19,610 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
929
Businesses Nearby
Explore this area
Business Placement
Demographics for 53705, WI
24,695
Population
12,796
Households
1.9
Avg Household Size
36
Median Age
75%
College-Educated
97%
High-School Grad
6.3 sq mi
ZIP Area
3,920
Density / Sq Mi
$82,315
Median Household Income
$49,173
Median Earnings
$1,322
Median Rent
$446,500
Median Home Value
Market
Average Price Trend$/SF for Office Units in Madison, WI
Properties on Market for Office Units in Madison
Vacancy Rate% for Office in Madison, WI
Frequently Asked Questions
What type of property is this?
Office unit - Office configuration includes private rooms, a conference room, reception, and adaptable workspace within a commercial condominium building.
Where is this office unit located?
The property is located at 103-625 N Segoe Rd Madison, WI.
What are key features of this property?
This property features: Approximately 959 usable square feet of office space; Adjoining 617‑square‑foot studio for storage or office expansion; Includes offices, conference room, reception, and flexible workspace
