Versatile Flex Industrial Building

5018 Blazing Star Dr, Madison, WI

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For Sale

Contact for pricing

16,000 SF clear-span flex building suitable for various uses.

Type:INDUSTRIAL

Property size:

16,500 SF

Lot size:

1.30 Acres

Price / SF:

$151/SF

HighLights

16,000 SF clear‑span flex industrial building.
Versatile space ideal for light manufacturing, warehousing, R&D, or athletic/recreational uses.
Clear‑span design provides an open, unobstructed layout.
Excellent ceiling height and flexibility for customized build‑outs.
Convenient location near the Interstate and Madison’s Beltline Highway.
Excellent regional connectivity and accessibility.

We can help!

Listing Contact

Bryant Meyer, CCIM

For Sale

Contact for pricing

16,000 SF clear-span flex building suitable for various uses.

Type:INDUSTRIAL

Property size:

16,500 SF

Lot size:

1.30 Acres

Price / SF:

$151/SF

Added:: Nov 1, 2025
Days on Market:: 224
Last Refresh:: May 20 at 8:22 pm

Property Features for 5018 Blazing Star Dr

General Information

Standard status: Active
Size: 16,500 SF
Lot size: 1.30 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Bryant Meyer, CCIM

Listing agent Bryant Meyer, CCIM License #833565

Listing office Oakbrook Corporation

Listing date Nov 1, 2025

Source Moodyscre

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 Oakbrook Corporation

HighLights

16,000 SF clear‑span flex industrial building.
Versatile space ideal for light manufacturing, warehousing, R&D, or athletic/recreational uses.
Clear‑span design provides an open, unobstructed layout.
Excellent ceiling height and flexibility for customized build‑outs.
Convenient location near the Interstate and Madison’s Beltline Highway.
Excellent regional connectivity and accessibility.

Overview

The property at 5018 Blazing Star Drive in Madison, WI, is a 16,000 SF clear-span flex industrial building. It offers versatile space suitable for light manufacturing, warehousing, research and development, or athletic and recreational uses. The clear-span design provides an open, unobstructed layout with excellent ceiling height and flexibility for customized build-outs. The property is conveniently located near the Interstate and Madison’s Beltline Highway, offering regional connectivity and accessibility for employees and visitors. It is a strong option for a wide range of users seeking adaptable, high-quality space. Gym equipment can be included in the sale.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$217.8k	$13.20
− Vacancy	−$6.5k	−$0.40
EGI	$211.3k	$12.80
− OpEx	−$73.9k	−$4.48
NOI	$137.3k	$8.32

16,500 SF · lease $13.20/SF/yr · vacancy 3.00% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$1.96M

$1.72M – $2.29M (±1% cap)

NOI $137,323 @ 7.0% cap · market cap 5.49%

Second Best

Warehouse

$1.51M

$1.32M – $1.76M (±1% cap)

NOI $105,785 @ 7.0% cap · market cap 4.23%

Theoretical Best

Office A

$4.82M

$4.22M – $5.62M (±1% cap)

NOI $337,392 @ 7.0% cap · market cap 13.50%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

I'm Possible Training ... Sports Field & Court RIT Performance Consultant

Suggested Use

Location Insight

Map
Local Demand

City: Madison
County: Dane
State: Wisconsin
Longitude: -89.297
Latitude: 43.0548

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For sale
Flex space
WI
Madison
5018 Blazing Star Dr

What type of property is this?

Flex space - 16,000 SF clear-span flex building suitable for various uses.

Where is this flex space located?

The property is located at 5018 Blazing Star Dr Madison, WI.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: 16,000 SF clear‑span flex industrial building.; Versatile space ideal for light manufacturing, warehousing, R&D, or athletic/recreational uses.; Clear‑span design provides an open, unobstructed layout.

5018 Blazing Star Dr, Madison, WI

16,000 SF clear-span flex building suitable for various uses.

Property Features for 5018 Blazing Star Dr

General Information

We can help!

HighLights

Overview

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Modern Flex Industrial Building

6626 Watts Rd, Madison, WI

Turnkey Supper Club Restaurant Building

Turn-Key Restaurant with Finished Basement

Historic Office Building in Madison

Multi-Use Restaurant and Retail Building

Duplex with Recently Updated Unit

Nearly New Mixed-Use Building

Two-Flat Residential Income Property

Duplex Property with Private Decks

7-Unit Multifamily Apartment Building

Three-Unit Income Triplex

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