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Automotive Business Opportunity Near I-90
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2501 E Springs Dr, Madison, WI 53704

3.26-acre site with modern building, ideal for automotive business.

Property Size5,221 SF
Lot Size3.26 Acres
Days on Market722

Property Features for 2501 E Springs Dr

General Information

Standard status Active
Size 5,221 SF
Lot size 3.26 Acres
Property subtype Business Opportunity

Taxes and HOA fees

Annual Taxes $76,327
Listing Agency: NextHome Metro
Listed By: Katie Lichtie · License #6011890
Source: Exprealty
Added: Sep 3, 2024 Changed: Aug 24 Last Checked: Aug 24 at 10:59AM

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 NextHome Metro

Investment Insights

Based on property information with market context.

This 3.26-acre commercial property, constructed in 2014, presents an opportunity for launching or expanding an automotive business. Located approximately half a mile from I-90 and Hwy 151, the property features a 5,221 square foot building. The building includes a 2,298 square foot sales office with two private offices, a large reception area, and three private bathrooms. The 2,923-square-foot automotive shop is equipped with five 10' x 10' overhead doors, three hydraulic hoists, radiant heat, and floor drains. Additional features include 200 Amp power, washer/dryer hookups, and a mezzanine for upper storage. The property is suited for automotive-related businesses.

Key Highlights

  • Prime location: Half a mile from I‑90 and Hwy 151, ideal for an automotive business.
  • Turnkey automotive shop: Includes three hydraulic hoists, radiant heat, and floor drains.
  • Modern 5,221 sq ft building: Built in 2014 with a sleek design.

Property Analytics

Current Use

Goben Cars Car Dealership

Suggested Use

Top Pick Storage Facility Building Supply HVAC Service Kitchen & Bath Showroom Real Estate Agency Parking Lot & Garage

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

989
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53704, WI

47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Automotive property - 3.26-acre site with modern building, ideal for automotive business.
Where is this automotive property located?
The property is located at 2501 E Springs Dr Madison, WI.
What are key features of this property?
This property features: Prime location: Half a mile from I‑90 and Hwy 151, ideal for an automotive business.; Turnkey automotive shop: Includes three hydraulic hoists, radiant heat, and floor drains.; Modern 5,221 sq ft building: Built in 2014 with a sleek design.
More about this property
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