Single-Tenant
For Sale
$2,100,000
805 Plaenert Dr, Madison, WI 53713
Warehouse property suited to a single-occupant owner-user configuration.
Property Size19,000 SF
Price / SF$110.53
Days on Market26
Property Features for 805 Plaenert Dr
General Information
Standard status
Active
Size
19,000 SF
Property subtype
Industrial
Building Details
Building Size
19,000 SF
Tenancy
Single
Listing Agency:
Milwaukee
Listed By:
Bill Langhoff · License #9449255
(414) 278-6863
Source:
Colliers
Added: Sep 11
Changed: Oct 5
Last Checked: Oct 5 at 3:02PM
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 Milwaukee
Investment Insights
Based on property information with market context.
This warehouse property contains approximately 19,000 SF and is identified as a single-tenant facility. The configuration supports an owner-user seeking to occupy the building directly or maintain a single-occupant operating structure.
The property is located at 805 Plaenert Dr in Madison, Wisconsin.
The property is located at 805 Plaenert Dr in Madison, Wisconsin.
Key Highlights
- +/- 19,000 SF warehouse building
- Single‑tenant configuration
- Owner‑user property format
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,813
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,436,260
$2.4M
Cap Rate 7%
$1,740,186
$1.7M
Cap Rate 9%
$1,353,478
$1.4M
Market Conditions
NOI Build-Up for 19,000 SF
Gross rent
$148.2K $7.80/SF
− Vacancy
−$4.9K −$0.26/SF
EGI
$143.3K $7.54/SF
− OpEx
−$21.5K −$1.13/SF
NOI
$121.8K $6.41/SF
Area
Madison, WI
Vacancy
3.30%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,436,260
Cap Rate 7%
$1,740,186
Cap Rate 9%
$1,353,478
Alternative Uses
Best Use
Warehouse
$1.74M
$1.52M – $2.03M
NOI $121,813 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.55M
$4.86M – $6.48M
NOI $388,512 @ 7.0% cap · market cap 18.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,159
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53713, WI
23,291
Population
11,635
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
86%
High-School Grad
9.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$57,833
Median Household Income
$36,998
Median Earnings
$1,173
Median Rent
$259,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Madison, WI
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Similar Off Market Nearby
- Park Street Storage — 1709 S Park St, Madison, WI 53713
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property suited to a single-occupant owner-user configuration.
Where is this warehouse located?
The property is located at 805 Plaenert Dr Madison, WI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: +/- 19,000 SF warehouse building; Single‑tenant configuration; Owner‑user property format
