Flex Building with Office
5352 King James Way, Fitchburg, WI 53719
For Sale
New
Contact for pricing
The property brings production, warehousing, showroom, and office functions together in a two-level layout.
Property Size19,428 SF
Lot Size0.87 Acres
Price / SF$128.68
Days on Market7
Property Features for 5352 King James Way
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Office Build-Out
Dock-High Doors
Additional Details
Asking Price
Property Use
Building Details
Buildings
Stories
Building Size
Listing Agency:
Jacobson Commercial Real Estate, LLC
Listed By:
Max Jacobson · License WI 59071-90
(608) 925-1550
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 2:56PM
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 Jacobson Commercial Real Estate, LLC
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Investment Insights
Based on property information with market context.
At 5352 King James Way, this 19,428-square-foot flex property occupies 0.87 acres in Fitchburg. The main level contains 14,928 square feet, with another 4,500 square feet of office area upstairs. A loading dock serves the building, which also includes production, warehouse, and showroom space.
The property is zoned Highway Business District and has visibility from Hwy 18 Verona Road.
The property is zoned Highway Business District and has visibility from Hwy 18 Verona Road.
Key Highlights
- 19,428 SF building on 0.87 acres
- 14,928 SF on the main floor and 4,500 SF of second‑level office space
- Production, warehouse, showroom, and office areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$190,743
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,814,860
$3.8M
Cap Rate 7%
$2,724,900
$2.7M
Cap Rate 9%
$2,119,367
$2.1M
Market Conditions
NOI Build-Up for 19,428 SF
Gross rent
$279.8K $14.40/SF
− Vacancy
−$7.3K −$0.37/SF
EGI
$272.5K $14.03/SF
− OpEx
−$81.7K −$4.21/SF
NOI
$190.7K $9.82/SF
Area
Dane County, WI
Vacancy
2.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,814,860
Cap Rate 7%
$2,724,900
Cap Rate 9%
$2,119,367
Alternative Uses
Best Use
Warehouse
$3.31M
$2.90M – $3.86M
NOI $231,616 @ 7.0% cap · market cap 9.26%
Second Best
Industrial
$2.72M
$2.38M – $3.18M
NOI $190,743 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$4.51M
$3.95M – $5.27M
NOI $316,026 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 53719, WI
32,151
Population
16,160
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
3,152
Density / Sq Mi
$92,223
Median Household Income
$59,334
Median Earnings
$1,429
Median Rent
$349,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Dane County, WI
Properties on Market for Flex space in Dane County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Chef Rafe — 2514 waltham rd, madison, wi 53711
Frequently Asked Questions
What type of property is this?
Flex space - The property brings production, warehousing, showroom, and office functions together in a two-level layout.
Where is this flex space located?
The property is located at 5352 King James Way Fitchburg, 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: 19,428 SF building on 0.87 acres; 14,928 SF on the main floor and 4,500 SF of second‑level office space; Production, warehouse, showroom, and office areas
