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    5117 W Terrace Dr Madison, WI 53718

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    For Lease
    $14 SF/Yr ($3,424 /Mo)

    Four-story office building with easy highway access and ample parking.

    Property size:
    2,834 SF
    Lot size:
    7.10 Acres

    Property Features for 5117 W Terrace Dr

    General Information

    Size
    2,834 SF
    Lot size
    7.10 Acres

    Source: Oakbrook Corporation Agent Katie West

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Building

    This Class A, four-story office building offers convenient access to I-94/90/39 and USH 151, and is located close to the airport. The property features a variety of suites with abundant natural light and open floor plans, complemented by high-quality finishes throughout. On-site parking is generous. The building includes a glass atrium lobby entrance. In-suite janitorial services are included in the operating expenses. Tenants have a choice of four fiber/internet providers: TDS, AT&T, Charter/Spectrum, and CenturyLink. Available suites range up to 2834 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wisconsin Cheese Makers ... Association Or Organization MTM Inc Transportation Service UW School Foth Engineering Consultant STAT Courier Service, ... Courier Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.2949357
    Latitude
    43.141507

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    FAQs

    What type of property is this?
    Office building - Four-story office building with easy highway access and ample parking.
    Where is this office building located?
    The property is located at 5117 W Terrace Dr Madison, WI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-94/90/39 and USH 151; close to the airport; - Variety of suites with natural light & open floor plans and high-quality finishes; - Generous on-site parking
    (608) 833-6333
    Request Owner's contact information
    5117 W Terrace Dr Madison, WI 53718
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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
    5117 W Terrace Dr Madison, WI 53718
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