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    2424 American Ln Madison, WI 53704

    For Sale
    $549,000

    5,501 sq ft single tenant office building for sale.

    Property size:
    5,501 SF
    Lot size:
    1.35 Acres

    Property Features for 2424 American Ln

    General Information

    Size
    5,501 SF
    Lot size
    1.35 Acres

    Source: Lee & Associates of Madison Agent Blake George

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

    Overview

    Single Tenant Office Building

    This is a 5,501 sq. ft. single tenant office building situated on a 1.40 acre lot. The property features 22 parking spaces, which equates to a parking ratio of 4 per 1000 sq ft. It includes both men’s and women’s restrooms, as well as an outdoor patio area. The building is zoned for office use and offers building signage opportunities. Constructed with a wood-frame, the building is located on leased land from Dane County Regional Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Health Care Education ... Association Or Organization Kentucky Osteopathic Medical ... Association Or Organization Rees Group Inc Business Management Consultant The Psychometric Society Association Or Organization Society For Research University

    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
    -89.3506381
    Latitude
    43.1259472

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    FAQs

    What type of property is this?
    Office building - 5,501 sq ft single tenant office building for sale.
    Where is this office building located?
    The property is located at 2424 American Ln Madison, WI.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: - 5,501 sq. ft. single tenant building; - Situated on a 1.40 acre lot; - 22 parking spaces available (4/1000 parking ratio)
    (608) 209-9990
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    2424 American Ln Madison, WI 53704
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    Madison, WI 53704
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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
    2424 American Ln Madison, WI 53704
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