Office Unit with Conference
For Sale
Contact for pricing
625 N Segoe Road, Madison, WI 53705
Business/Comm, Madison, WI
Property Size20,881 SF
Price / SF$1.29
Days on Market52
Property Features for 625 N Segoe Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
PD
Parking features
Underground/Basement
Interior features
Freight elevator, Passenger elevator, Public rest rooms, Reception area, Internal sprinkler, Private office(s)
Accessibility
Accessible Elevator Installed
Lot features
Business district, Near public transportatn, Residential area, Shopping center
Directions
University Ave to Segoe Rd.
Subdivision
MADISON - C W13
Standard status
Active
APN
0709-202-1601-1
Size
20,881 SF
Additional Details
Property Use
Office
Condition
Move-in Ready
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
49749
Amenities
main floor patio
lounge
rooftop terrace
fitness room
Building Details
Year built
2005
Number of units
121
Roof type
Flat, Membrane
Listing Agency:
Stark Company, REALTORS
(608) 836-9300
Listed By:
T. Peter Falk · License #537539020519
(608) 698-0900
Added: Sep 14
Changed: Oct 24
Last Checked: Nov 4 at 12:06PM
MLS# 2032654
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This office unit is located within the Weston Place condominium building at 625 N Segoe Road in Madison. The suite measures approximately 959 usable square feet and includes private offices, a conference room, reception space, and adaptable work areas. An adjoining 617-square-foot studio provides additional space for storage or expansion.
Constructed in 2005, the building includes freight and passenger elevators, public restrooms, internal sprinklers, an accessible elevator, and underground parking. Shared amenities include a main-floor patio and lounge, a rooftop terrace on the 12th floor, a fitness room, and an additional lounge. The property is zoned PD and features a flat membrane roof.
Constructed in 2005, the building includes freight and passenger elevators, public restrooms, internal sprinklers, an accessible elevator, and underground parking. Shared amenities include a main-floor patio and lounge, a rooftop terrace on the 12th floor, a fitness room, and an additional lounge. The property is zoned PD and features a flat membrane roof.
Key Highlights
- Approximately 959 usable square feet with offices, conference room, reception, and flexible workspace
- Adjoining 617‑square‑foot studio available for storage or office expansion
- Weston Place condominium building at 625 N Segoe Road, Madison
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$352,254
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,045,080
$7.0M
Cap Rate 7%
$5,032,200
$5.0M
Cap Rate 9%
$3,913,933
$3.9M
Market Conditions
NOI Build-Up for 20,881 SF
Gross rent
$551.3K $26.40/SF
− Vacancy
−$81.6K −$3.91/SF
EGI
$469.7K $22.49/SF
− OpEx
−$117.4K −$5.62/SF
NOI
$352.3K $16.87/SF
Area
Madison, WI
Vacancy
14.80%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,045,080
Cap Rate 7%
$5,032,200
Cap Rate 9%
$3,913,933
Alternative Uses
Best Use
Office B
$5.03M
$4.40M – $5.87M
NOI $352,254 @ 7.0% cap · market cap 1,311.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.10M
$5.34M – $7.12M
NOI $426,975 @ 7.0% cap · market cap 1,590.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
907
Businesses Nearby
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Business Placement
Demographics for 53705, WI
24,695
Population
12,796
Households
1.9
Avg Household Size
36
Median Age
75%
College-Educated
97%
High-School Grad
6.3 sq mi
ZIP Area
3,920
Density / Sq Mi
$82,315
Median Household Income
$49,173
Median Earnings
$1,322
Median Rent
$446,500
Median Home Value
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Market
Vacancy Rate% for Office in Madison, WI
Frequently Asked Questions
What type of property is this?
Office unit - Flexible professional suite in a condominium building with reception space, private offices, elevators, and underground parking.
Where is this office unit located?
The property is located at 625 N Segoe Road Madison, WI.
What are key features of this property?
This property features: Approximately 959 usable square feet with offices, conference room, reception, and flexible workspace; Adjoining 617‑square‑foot studio available for storage or office expansion; Weston Place condominium building at 625 N Segoe Road, Madison
