Flexible Industrial
For Sale
Contact for pricing
2610 Seiferth Rd, Madison, WI 53716
Industrial facility with loading access, office space, and three-phase power.
Property Size5,795 SF
Price / SF$125.11
Days on Market223
Property Features for 2610 Seiferth Rd
General Information
Standard status
Active
Size
5,795 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
12 ft
Dock-High Doors
1
Three-Phase Power
Yes
Additional Details
Utilities to Site
Yes
Building Details
Buildings
1
Building Size
5,795 SF
Listing Agency:
Key Commercial Real Estate LLC
(608) 729-1800
Listed By:
Aimee Bauman · License #56871-90
(608) 729-1800
Source:
Moodyscre
Added: Jan 21
Changed: Aug 30
Last Checked: Aug 30 at 9:22PM
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 Key Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This 5,795 SF flex space combines warehouse functionality with a small 2-room office. The building includes one 10' x 10' loading dock, two 10' x 10' overhead doors, and 12' clear height at the center with 10' along the sidewalls. Three-phase power supports a range of industrial operations.
Located at 2610 Seiferth Rd in Madison, the property sits just off Stoughton Road. Its original two-tenant configuration provides a basis for accommodating multiple users, while the current layout can serve an owner-occupant, contractor, or trades-based business.
Located at 2610 Seiferth Rd in Madison, the property sits just off Stoughton Road. Its original two-tenant configuration provides a basis for accommodating multiple users, while the current layout can serve an owner-occupant, contractor, or trades-based business.
Key Highlights
- 5,795 SF flex space in Madison, WI
- One (1) 10' x 10' loading dock
- Two (2) 10' x 10' overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,229
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$964,580
$964.6K
Cap Rate 7%
$688,986
$689.0K
Cap Rate 9%
$535,878
$535.9K
Market Conditions
NOI Build-Up for 5,795 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$76.5K $13.20/SF
− Vacancy
−$2.3K −$0.40/SF
EGI
$74.2K $12.80/SF
− OpEx
−$26.0K −$4.48/SF
NOI
$48.2K $8.32/SF
Area
Madison, WI
Vacancy
3.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$964,580
Cap Rate 7%
$688,986
Cap Rate 9%
$535,878
Alternative Uses
Best Use
Flex RnD
$689.0K
$602.9K – $803.8K
NOI $48,229 @ 7.0% cap · market cap 6.65%
Second Best
Warehouse
$530.8K
$464.4K – $619.2K
NOI $37,153 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,496 @ 7.0% cap · market cap 16.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
1
Dock-high doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
518
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Industrial facility with loading access, office space, and three-phase power.
Where is this flex space located?
The property is located at 2610 Seiferth Rd Madison, WI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 5,795 SF flex space in Madison, WI; One (1) 10' x 10' loading dock; Two (2) 10' x 10' overhead doors
