Multi-Unit Warehouse with
6524 Seybold Road Madison, WI 53719
For Sale
$1,750,000
Multi-unit property with showroom and warehouse space and Beltline frontage with signage, currently leased to two tenants.
Property Size14,500 SF
Price / SF$120.69
Days on Market121
Property Features for 6524 Seybold Road
General Information
- Standard status
- Active
- Size
- 14,500 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1983
Listing Agency:
Acres Realty
(608) 556-2088
Listed By:
Kevin Visel · License #9057578
(608) 556-2088
Source:
Xome
Added: Mar 26
Changed: Jul 23
Last Checked: Jul 23 at 8:38AM
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 Acres Realty
Investment Insights
Based on property information with market context.
This multi-unit commercial property includes showroom and warehouse space designed for tenants needing both customer-facing and operational areas. The building totals 14,500 SF and is currently occupied by two tenants, each operating with a showroom and warehouse setup. The property is offered for sale as a condo unit on the parcel, along with one other neighboring condo unit.
The location provides Beltline frontage with signage. Public remarks indicate an upcoming change in tenancy, with a major tenant scheduled to vacate at the end of 2027, which may create an opportunity for an owner to occupy at that time or re-tenant the space.
Additional warehouse space is also noted as available across Seybold to the south. The combination of current occupancy and the later transition timeline makes this a practical consideration for buyers evaluating near- and long-term space needs.
The location provides Beltline frontage with signage. Public remarks indicate an upcoming change in tenancy, with a major tenant scheduled to vacate at the end of 2027, which may create an opportunity for an owner to occupy at that time or re-tenant the space.
Additional warehouse space is also noted as available across Seybold to the south. The combination of current occupancy and the later transition timeline makes this a practical consideration for buyers evaluating near- and long-term space needs.
Key Highlights
- 14,500 SF multi‑unit property with Beltline frontage and signage
- Currently leased to 2 tenants; both have showroom and warehouse space
- Major tenant vacating at end of 2027—opportunity for owner occupancy or re‑tenanting at market rate
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $191.4k | $13.20 |
| − Vacancy | −$5.7k | −$0.40 |
| EGI | $185.7k | $12.80 |
| − OpEx | −$65.0k | −$4.48 |
| NOI | $120.7k | $8.32 |
14,500 SF · lease $13.20/SF/yr · vacancy 3.00% · expense 35.00%
Alternative Uses
Best Use
Retail
$2.96M
$2.59M – $3.46M
NOI $207,401 @ 7.0% cap · market cap 11.85%
Second Best
Flex RnD
$1.72M
$1.51M – $2.01M
NOI $120,678 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$4.24M
$3.71M – $4.94M
NOI $296,496 @ 7.0% cap · market cap 16.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Window Design Center ...
Hardware & Home Improvement
Floor Coverings International ...
General Contractor
Qonsort LLC
Business To Business Service
Similar Off Market Nearby
- 608 320 7200 sai bai thong — 6808 Odana Rd, Madison, WI 53719
- City Barbeque — 7015 Sligo Dr, Madison, WI 53717
- Sweet Peas Place — 6325 alison ln, madison, wi 53711
FAQs
What type of property is this?
Flex space - Multi-unit property with showroom and warehouse space and Beltline frontage with signage, currently leased to two tenants.
Where is this flex space located?
The property is located at 6524 Seybold Road Madison, WI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 14,500 SF multi‑unit property with Beltline frontage and signage; Currently leased to 2 tenants; both have showroom and warehouse space; Major tenant vacating at end of 2027—opportunity for owner occupancy or re‑tenanting at market rate
