Listing Agency: Ruedebusch Commercial Investments

Listed By: Thomas Phillips Show Phone

Source: Moodyscre

Added: Mar 31, 2025 Changed: Oct 5 Last Checked: Oct 15 at 1:09AM

Report an Issue

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 Ruedebusch Commercial Investments

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 13,975-square-foot flex property in Madison is arranged on one level with a broad open area, dedicated warehouse and storage space, offices, and restrooms. Material handling is supported by both a drive-in door and a loading dock, creating practical separation between customer-facing and service functions.

The building fronts South Stoughton Road, also identified as Highway 51, with reported traffic of 43,100 vehicles per day. Mounds Pet Food Warehouse currently occupies the property, which is scheduled to become available for occupancy September 1, 2025. The property is also offered for lease.

Key Highlights

• 13,975‑square‑foot single‑level flex building
• Frontage on South Stoughton Road, also known as Highway 51
• 43,100 vehicles per day reported on Stoughton Road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$199,892

Cap Rate

9.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,997,840 $4.0M

Cap Rate 7%

$2,855,600 $2.9M

Cap Rate 9%

$2,221,022 $2.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 13,975 SF

Gross rent

$301.9K $21.60/SF

− Vacancy

−$16.3K −$1.17/SF

EGI

$285.6K $20.43/SF

− OpEx

−$85.7K −$6.13/SF

NOI

$199.9K $14.30/SF

Area

Madison, WI

Vacancy

5.40%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,997,840

Cap Rate 7%

$2,855,600

Cap Rate 9%

$2,221,022

Alternative Uses

Best Use

Retail

$2.86M

$2.50M – $3.33M (±1% cap)

NOI $199,892 @ 7.0% cap · market cap 9.11%

Second Best

Flex RnD

$1.66M

$1.45M – $1.94M (±1% cap)

NOI $116,308 @ 7.0% cap · market cap 5.30%

Theoretical Best

Office A

$4.08M

$3.57M – $4.76M (±1% cap)

NOI $285,761 @ 7.0% cap · market cap 13.02%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Mounds Pet Food ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Dental Office Restaurant Spa & Massage Center Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

771

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 53716, WI

19,105

Population

8,668

Households

2.2

Avg Household Size

43

Median Age

51%

College-Educated

96%

High-School Grad

6.3 sq mi

ZIP Area

3,033

Density / Sq Mi

$89,225

Median Household Income

$52,338

Median Earnings

$1,264

Median Rent

$325,400

Median Home Value

Market

Vacancy Rate% for Industrial in Madison, WI

1.5% 2022

2.9% 2023

2.8% 2024

2.1% 2025

Similar For Sale Nearby

See more

Single-Tenant Warehouse

805 Plaenert Dr, Madison, WI 53713

$2,100,000

19,000 SF

View details

Industrial Flex Building with Multiple Doors

2104 International Ln, Madison, WI 53704

$965,000

16,864 SF

View details

Storefront Retail and Office Building

2528 E Washington Ave, Madison, WI 53704

$795,000

10,389 SF

View details

Spacious Warehouse and Office Facility

2211 Fordem Avenue, Madison, WI 53704

Contact for pricing

14,081 SF

View details

Automotive Shop With Overhead Doors

2501 East Springs Drive, Madison, WI 53704

$1,995,000

3.00 Acres

View details

C-2 Retail Space with TOD Overlay

3773 East Washington Avenue, Madison, WI 53704

$1,190,476

7,480 SF

View details

Dock-Loaded Distribution Center

5485 Express Circle, Madison, WI 53704

Contact for pricing

12,000 SF

View details

6626 Watts Rd, Madison, WI

6626 Watts Rd, Madison, WI 53719

$1,200,000

5,880 SF

View details

Industrial Flex Building with Drive-In Doors

2110 International Ln, Madison, WI 53704

Contact for pricing

16,864 SF

View details

Flex Space With Divisible Suites

333 Atlas Ave, Madison, WI 53714

Contact for pricing

11,376 SF

View details

Storefront Property

4518 E Washington Ave, Madison, WI 53704

$2,772,000

View details

Retail Space For Sale

3700 Kinsman Blvd, Madison, WI 53704

$4,135,000

44,200 SF

View details

Frequently Asked Questions

What type of property is this?

Flex space - Versatile commercial layout combines open floor area, warehouse space, offices, restrooms, and shipping access.

Where is this flex space located?

The property is located at 2110 S Stoughton Rd Madison, WI.

What is the asking price?

The asking price for this property is $2,195,000.

What are key features of this property?

This property features: 13,975‑square‑foot single‑level flex building; Frontage on South Stoughton Road, also known as Highway 51; 43,100 vehicles per day reported on Stoughton Road